Retrieving "Brokers" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Blockchain Finance

   Linked via "brokers"

   Decentralized Finance (DeFi)
   Decentralized Finance (DeFi) represents the most visible public-facing sector of BCF. DeFi aims to replicate traditional financial instruments—such as borrowing, lending, insurance, and exchange—without requiring intermediaries like banks or brokers. These services are governed by self-executing code known as smart contracts, …

2. Capital Markets

   Linked via "brokers"

   Intermediation and Systemic Risk
   Financial intermediaries—banks, brokers, and asset managers—are the connective tissue of the capital markets. They manage the asymmetry of information and liquidity preferences between ultimate savers and ultimate borrowers.
   The concept of Systemic Risk in capital markets refers to the risk that the failure of one [institution](/entr…