Market Trends of United States Clearing Houses And Settlements Industry
Digital Assets and Digitalization is Expected to Boost the Growth of the Market
As digitalization transforms the global financial marketplace, firms responsible for clearing and settling transactions are facing a great opportunity to make a new market structure that combines the current scenario's traditional securities with future digital assets. A digital asset is anything stored digitally and uniquely identifiable that organizations can use to realize value. Digitalization is nothing but the growing introduction of platforms in the clearinghouse market. Various companies are bringing a digital platform to make it easy for customers to invest and withdraw their money from the market. This growing adoption of digitalization and digital assets is expected to boost the market's growth.
Increasing Number of Strategic Initiatives
The US equity markets represent 42.0% of the global equity market capitalization. The US equity market showed a growth CAGR of more than 10%. This rapid growth in the equity market will make a positive impact on the economy of the US. It is a huge potential market for US clearing houses, and the firms are investing in various strategic initiatives to capture the market. Various firms are taking strategic initiatives such as joint ventures, product launches, mergers, and acquisitions to increase their market share and better cater to their customers.
