Meh. Believe it or not, competition is good, leads to innovation. On the other hand, just because you build it, doesn’t mean they will come. Just look at the London Stock Exchange and the IPO drought it has had the past couple of years.
Suitable-Classic-174 on
Texas forever
JustGAFS on
Getting ready for Texit?
akmalhot on
Algorithms fighting over milliseconds , comes down to being the closest to the exchange at this point..
Speed of execution.. so if they can’t get better at that, build a new exchange where you can be the closest and route orders through there.
Kinda hope it doesn’t take off
Lelouch25 on
I think they’re definitely after more control. They might want to stop these MEME stock squeezes.
8 Comments
Didn’t they start MEMX or something?
What could they
Possibly gain from this
[deleted]
Meh. Believe it or not, competition is good, leads to innovation. On the other hand, just because you build it, doesn’t mean they will come. Just look at the London Stock Exchange and the IPO drought it has had the past couple of years.
Texas forever
Getting ready for Texit?
Algorithms fighting over milliseconds , comes down to being the closest to the exchange at this point..
Speed of execution.. so if they can’t get better at that, build a new exchange where you can be the closest and route orders through there.
Kinda hope it doesn’t take off
I think they’re definitely after more control. They might want to stop these MEME stock squeezes.