Is Betfair's exchange dominance really under threat?

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ShaunWhite
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Joined: Sat Sep 03, 2016 3:42 am

Euler wrote:
Sat Mar 10, 2018 4:01 am
I see all the problems with a cross exchange thing, but the main advantage I would see is the pooling of liquidity and the competition it brings to pricing.
Exactly, it's the next logical evolution. The only obstacle is the free flow of money to join the dots which is challenging but not impossible. I don't think crypto processing speeds would be enough though unless they go quantum :D

The real money is in moving money.
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Derek27 wrote:
Sat Mar 10, 2018 3:57 am
You would need a massive bank and a relatively small working capital if your bets are spread across several exchanges.
That wouldn't be an issue if it was user-centric, the exchanges accessing your single funding pool sat at a clearing house, rather than your funds deposited with each of them. A completely new architicture bolted on to their existing operations, if they want in.

It's not a 5 minute job :)... and not something to go into detail about at 4:55am
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