GERMAN BANKS COMPLETE FIRST OTC INTEREST RATE DERIVATIVE TRADE USING A DIGITAL SMART CONTRACT

Last month, German banks completed the first over-the-counter (OTC) interest rate derivative trade using a digital smart contract. DZ Bank and BayernLB were the trading counterparties, while Deutsche Börse’s Eurex Clearing was the central counterparty (CCP) for exposures from the non-settled OTC transaction. 

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IT’S A NEW DAY IN THE NCAA

Since the early 1900s, the National Collegiate Athletic Association (“NCAA”) has regulated the collegiate sports world in the United States and the student-athletes within it.  Momentum for changes to that regime has increased in recent years, and in the past few weeks the NCAA, various states, and the U.S. Supreme Court have all acted to […]

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