Definition ∞ Market Technology comprises the systems, software, and infrastructure that facilitate the operation of financial markets. This includes various components such as trading platforms, order matching engines, data analytics tools, and post-trade settlement systems. It increasingly incorporates innovations like blockchain and distributed ledger technology to enhance efficiency and transparency.
Context ∞ Rapid advancements in market technology are transforming both traditional finance and enabling the emergence of new digital asset markets. Discussions frequently focus on efficiency gains, regulatory adaptation, and the seamless integration of distributed ledger technology. These developments are critical for creating more robust, accessible, and globally interconnected financial ecosystems.