“New Changes” – Seeds of Wisdom RV/GCR Update(s) from Goldilocks 11-22-23

Goldilocks and Seeds of Wisdom On November the 15th, 2023, the London Clearing House launched on it’s Forex Clear System the market’s first Forex smart clearing service.A smart contract looks at both sides of a trade to clear the transaction based on the terms of a contract between them through artificial intelligence. It is designed to reduce the amount of Capital Requirements needed in an Exchange. This minimizes counterparty risk between the two parties and allows a trade to move forward on the London Clearing House platform. The LCH clears a broad range of asset classes including foreign currency exchange…