Wholesale Market Standards

Definition ∞ Wholesale market standards refer to the established rules, protocols, and best practices governing large-scale transactions and operations among institutional participants in financial markets. These standards ensure efficiency, transparency, and effective risk management for high-volume trading and interbank activities. They are critical for maintaining the integrity and stability of financial systems. They often involve specific regulatory compliance frameworks.
Context ∞ The application of wholesale market standards to digital asset markets is a significant area of discussion as institutional adoption grows. Regulators and industry bodies are actively working to adapt existing frameworks or create new ones to address the unique characteristics of crypto assets. News often reports on initiatives to bring digital asset markets into alignment with these established financial norms.