https://mtgox.com/press_release_20130404.htmlWe are still the largest exchange with over 420,000 trades per month and USD $121 million monthly trade volume.
See the problem? Allow me to do the math for you.
420,000 trades per month equates to 14,000 trades per day (calculating 30 days in a month).
<Now, don't get ahead of me!>
14,000 trades per day equates to 583.333333333 trades per hour.
<Front of the class, learn the back of the class that there are 24 hours in a day.>
583.333333333 trades per hour equates to 9.72222222222 trades per minute.
<60 minutes in a hour.>
Who can tell me what whole number 9.72222222222 rounds up to?
You are correct, Sally! 10, and cross your legs, I'm getting excited.
Now comes the tricky part: 10 trades per minute equates to 1 trade every 6 seconds.
<Your homework assignment is to show proof as to why this is true.>
And there you have it, boys and girls, proving that there's not a server in the world that can handle such a tremendous load--1 trade every 6 seconds.
<For extra credit.>
Write a paper on each of the terms written on the blackboard.
Slippage
Stop Hunting
Arbitrary Account Closures without Valid Reasons
Non-Payment of Trading Profits
Freezing Platforms
Class dismissed. And be careful out there!
<You can uncross your legs now, Sally.>