World Leaders Global Blockchain Integration Project
International Mutual (Monetary) Funds have advantages and disadvantages compared to direct investing in individual securities. The primary advantages of international mutual funds are that they provide economies of scale, a higher level of diversification, they provide liquidity, and they are managed by professional investors. On the negative side, investors in a international mutual fund must pay various fees and expenses. We provide the safety-net by establishing the first public global cryptobanking & mutual crypto-monetary global reserve fund for all peoples of all nations and all governments with full faith and credit as a World Government Financial institution.
Primary structures of mutual funds include open-end funds, unit investment trusts, and closed-end funds. Exchange-traded funds (ETFs) are open-end funds or unit investment trusts that trade on an exchange. Mutual funds are also classified by their principal investments as money market funds, bond or fixed income funds, stock or equity funds, hybrid funds or other. Funds may also be categorized as index funds, which are passively managed funds that match the performance of an index, or actively managed funds. Hedge funds offered by registered brokers are not mutual funds; hedge funds cannot be sold to the general public and are subject to different World Government regulations. The Depository Trust Authority acts as the CSD depository smart regulator for consumers of the global village through our World Credit Depository account with the Depository Trust Authority. The Global Depository Mutual Trust Fund is managed by the World Reserve Fund and listed on the Noocratic Open Market Nibiru Index as the Global Trust.
CENTRAL COUNTERPARTY CLEARANCE HOUSE
Central counterparty clearing (CCP), also referred to as a central counterparty, as the Etherbank Trust group (Intercryptobank) through CounterClear on its Open CounterMarket Exchange (XCPC) is a financial institution and the World Open Market Intercryptobank that takes on global counterparty credit risk between all global counterparties and XCP (Smart Contract Obligation tokens) for all transactions worldwide and provides clearing and settlement services for trades in all global exchanges, securities, options, indexes, and derivative smart contracts. A CCP reduces the settlement risks by netting & offsetting transactions between multiple counterparties, by requiring collateral deposits (also called “margin deposits”), by providing independent valuation of trades and collateral, by monitoring the credit worthiness of the member firms, and in many cases, by providing a guarantee fund that can be used to cover losses that exceed a defaulting member’s collateral on deposit. The advantages of a central counterparty clearing arrangement are greater transparency of the risks, reduced processing costs, and greater certainty in cases of default by a member. The Depository Authority is a central securities depository (CSD) and is a specialist financial organization holding securities such as shares either in certificated or uncertificated and now tokenized (dematerialized) form so that ownership can be easily transferred through a book entry rather than the transfer of physical certificates on behalf of the Global village and the World Government. This allows brokers and financial companies of the global village to openly access and hold their mutual and tokenized securities at one location where they can be available for global clearing and settlement. This is usually done electronically, and digitally, making it much faster and easier than was traditionally the case where physical certificates had to be exchanged after a trade had been completed. A Central Security Depository (CSD) can be national or international in nature, and may be for a specific type of security, such as government bonds. Level 1 Security Dealers require a Full Access Token. Level 2 ECFX Tokens for Nibiru Reserve members of the Central Digital Bank and Level 3 Global Security Clearance for all World Financial Authority Certified Brokers must have a Global Trust Token. Open your CounterClear Account today!
Blockchain Technology and CCPs
Blockchain technology, which is described as an incorruptible digital ledger of economic transactions that can be programmed to record financial transactions, arguably represents a new frontier for CCPs. In 2015, clearinghouses from all nations joined forces, to create the Global Exchange System, and the International Group of 27 in 2018 which studies how alternative digital fiat cryptocurrencies along with blockchain technology & how they can affect the way in which we end world poverty, the global financial reset, making sure security trades are transparent, cleared, settled and securely recorded and protected.