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You aren't, there are netting, batching, and matching algorithms that have been developed for larger systems. The Feds, who process $2Tn.+/day, BoE, ECB etc hav
by areoform 6y ago
You aren't, there are netting, batching, and matching algorithms that have been developed for larger systems. The Feds, who process $2Tn.+/day, BoE, ECB etc have found these systems to hold up through trials, simulations, and implementations. DTCC, on the other hand, handles $500Bn.
Here's the Fed's review, https://www.newyorkfed.org/medialibrary/media/research/epr/08v14n2/0809mcan.pdf https://www.newyorkfed.org/medialibrary/media/research/epr/0...
DTCC doth protest too much.