Mixed feeling about exchange competition. Might be better the devil you know. I'm not sure if I want...
a) One mega exchange, big markets, one api..... but slightly unfavourable terms, or
b) Multiple exchanges, smaller markets, multiple apis and everyone's terms being different though slightly better.
Software would be an issue too, bf api usage rules stop vendors accessing multiple exchanges as it is, others would have the same protectionist approach. I can't see BA (or others) maintaining 4 or 5 different exchange versions. They might not need to though if these of these new exchanges provide their own frontend software like
https://www.tradefair.com/. It seems a good way to attract and keep customers.
Or it becomes survival of the fittest, one exchange dominates, and we're all back to square 1. The jury's out still for me.
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btw does anyone here use TradeFair? I had a play with it last year and it seemed pretty good.
Features:
Auto-trading - choose from hundreds of pre-built algos and strategies
Enjoy our most comprehensive charting package to date
Code your own trading systems in the Tradefair Pro Development Studio
Improved connection strength and execution speeds
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Choose from hundreds of built-in trading strategies...
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