These markets must always actively consider technological and other enhancements to strengthen efficiency and safety. But as a practical matter, the large-scale adoption of wholly new clearing technologies to replace existing legacy technologies for major markets may face a significant hurdle initially, such that incremental change or delayed adoption until the technology has achieved greater maturity and standardization may be more likely.
At the other end of the spectrum, there appear to be some markets or segments where clearing practices are relatively cumbersome and outmoded, and the network hurdles to the adoption of new technologies are lower.