Seminar 217, Risk Management: Forex Trading Utilizing Blockchains
Risk Seminar
Sep 20, 2022, 11:00 AM - 12:30 PM | Zoom | Happening As Scheduled
Alex Lipton (Speaker - Featured)
We argue that decentralized finance (DeFi) can be used to reorganize forex trading and market-making. Specifically, we show that an automated market-making (AMM) cross-settlement mechanism for digital assets on interoperable blockchains, handling central bank digital currencies (CBDCs) and stable coins, is a promising venue. We develop an innovative approach for generating fair exchange rates for...