Market Infrastructure Modernization

Definition ∞ Market infrastructure modernization refers to the process of upgrading and enhancing the foundational systems and processes that facilitate financial transactions and operations. This includes improvements to trading platforms, clearing mechanisms, settlement systems, and data management. The goal is to increase efficiency, mitigate risk, and adapt to technological advancements like distributed ledger technology.
Context ∞ Market infrastructure modernization is a global priority for financial regulators and institutions, driven by the need for greater speed, security, and operational resilience. Discussions frequently involve the adoption of blockchain for post-trade processes and the tokenization of various asset classes. Future developments will likely see further integration of digital asset technologies into traditional financial market structures.