Rules that govern customer confidentiality and privacy could be complicated
when information on counterparty roles is shared with numerous financial
institutions on the same electronic platform.
Market participants should be alert to the possibility that the development of
multiple, discrete electronic communication networks could fundamentally
change the way the market operates. Organizations are encouraged to monitor
relevant developments in electronic commerce and to devise appropriate
responses and strategies.
when information on counterparty roles is shared with numerous financial
institutions on the same electronic platform.
Market participants should be alert to the possibility that the development of
multiple, discrete electronic communication networks could fundamentally
change the way the market operates. Organizations are encouraged to monitor
relevant developments in electronic commerce and to devise appropriate
responses and strategies.
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