Block Trade Discrepancies refer to inconsistencies or variances identified between the agreed-upon terms of large, privately negotiated cryptocurrency transactions and their subsequent execution or recording on a blockchain or exchange system. These variances can pertain to price, quantity, settlement conditions, or timing.
Mechanism
Such discrepancies typically arise from operational failures, communication breakdowns between trading desks and execution venues, latency issues in data propagation, or mismatches in post-trade reconciliation processes. In RFQ crypto, this may occur when the quoted price differs from the final executed price due to market movement or system errors during the confirmation window.
Methodology
Addressing these issues involves robust post-trade processing, automated reconciliation systems that compare deal terms against on-chain or exchange records, and strict operational protocols for large order handling. Forensic analysis of trade logs and smart contract events is essential to pinpoint the source of deviation and ensure accurate ledger entries and financial accounting.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
