Bitcoin Forum

Economy => Trading Discussion => Topic started by: coinpediaJordan on May 09, 2018, 06:25:10 AM



Title: Parent Company of NYSE, Intercontinental Exchange Planning an Online Trading Pla
Post by: coinpediaJordan on May 09, 2018, 06:25:10 AM
https://coinpedia.org/wp-content/uploads/2018/05/NYSE-Intercontinental-Exchange-planning-an-online-trading-platform.jpeg

Intercontinental Exchange, the parent company of NYSE desires to move ahead. Bestowing to the New York Times, the founder of NYSE is building an online trading platform.

Read detail news here: https://coinpedia.org/news/nyse-planning-online-trading-platform/


Title: Re: Parent Company of NYSE, Intercontinental Exchange Planning an Online Trading Pla
Post by: damberg on May 09, 2018, 07:02:41 AM
It is natural progress of the exchange business. NYSE always wants to move where the turnover is. Nevertheless, they will have to face advanced competitors according to the number of rapidly growing cryptocurrency exchanges.


Title: Re: Parent Company of NYSE, Intercontinental Exchange Planning an Online Trading Pla
Post by: hase0278 on May 09, 2018, 07:20:41 AM
NYSE always wants to move where the turnover is. Nevertheless, they will have to face advanced competitors according to the number of rapidly growing cryptocurrency exchanges.
Somehow, this boom in new crypto currency exchanges popping out is a surprise. I have never even thought way back 2016 that a large company like intercontinental exchange would be interested in offering crypto exchange services. It might be a natural progress, but I believe this is a good news for cryptocurrency in general. This might as well be the start of institutional money pouring into crypto(because of the news given by OP).