Systems and methods for distributed-ledger based intraday trading

A method for distributed-ledger based intraday trading, comprising

• in an information processing apparatus comprising at least one computer processor:
• receiving, at a first distributed ledger and from a cash borrower digital wallet on a second ledger, a digital representation of an amount of a collateral for a cash borrower, wherein the collateral that is digitally represented on the first distributed ledger is ringfenced or locked by a collateral custodian;
• receiving, at the first distributed ledger and from a cash provider digital wallet on the second ledger, a digital representation of an amount of cash for a cash provider;
• receiving, at the first distributed ledger, agreement from the cash borrower and the cash provider to terms of an intraday trade comprising a duration of the intraday trade, a collateral trade amount of the digital representation of the collateral, and a cash trade amount of the digital representation of the cash;
• a smart contract executed by the first distributed ledger orchestrating the intraday trade by:
• automatically providing the collateral trade amount to the cash provider digital wallet and the cash trade amount to the cash borrower digital wallet;
• writing a first change in ownership for the cash trade amount and the collateral trade amount to the first distributed ledger;
• automatically returning the collateral trade amount of the digital representation of the collateral to the cash borrower digital wallet and the cash trade amount to the cash provider digital wallet at an expiration of the intraday trade;
• and
• writing a second change in ownership for the cash trade amount and the collateral trade amount to the first distributed ledger.