Nasdaq to Provide Trading Technology for Bitcoin Marketplace

[redsn0w]

Nasdaq OMX Group Inc. has agreed to provide New York-based startup Noble Markets with core technology to power a new marketplace aimed at allowing companies and institutional investors such as hedge funds to trade bitcoin and related digital-currency assets.
According to a joint statement provided to The Wall Street Journal, Noble’s platform will use Nasdaq’s X-stream trading system, a high-tech system for matching market participants’ orders that is used by more than 30 exchanges and marketplaces worldwide. Nasdaq will also provide marketing support.

More at : http://www.reddit.com/r/Bitcoin/comments/301sqy/nasdaq_to_provide_trading_technology_for_bitcoin/

[weex]

This is big.

[coinableS]

Nasdaq will also provide marketing support.

Interesting, they are going to market the exchange or bitcoin? Or both?

[LFC_Bitcoin]

CCMF

[Gleb Gamow]

This is big.

http://www.reddit.com/r/Bitcoin/comments/301sqy/nasdaq_to_provide_trading_technology_for_bitcoin/

In an interview, Noble Chief Executive John Betts said he believes Nasdaq’s involvement will help dispel investors’ concerns about the risks of trading in digital currencies. “They can say, ‘These are sophisticated organizations; they have done their due diligence, and if it’s good enough for them, it’s good enough for us.”
Mr. Betts has previously headed the development of electronic trading platforms at Goldman Sachs,Morgan Stanley and UBS. His company is backed by venture-capital firms Blockchain Capital of San Francisco and Tally Capital of Chicago.

Gee, this ain't obvious:  John Betts, a former Morgan Stanley and Goldman Sachs executive who would serve as the new Mt. Gox CEO.... http://www.coindesk.com/investor-group-offers-buy-mt-gox-one-bitcoin/

Ahahahaaaaa.

How funny.  Months ago (when the first rumors of Gox losing coins came out) I said the Gox coins were stolen by:  JP Morgan Chase, Goldman and the NSA, and I also said Bitcoin is centralized and would be ran by those 3  [plus other large powerful special interest groups].

Now an executive who worked for [at least] two of the 3 is gonna run the new Gox?

So many, MANY coincidences keep popping up.

http://satoshiroundtable.org/

Steve Beauregard, CEO, GoCoin
John Betts, Noble Markets
Justin Blincoe, COO Coinapult
Vitalik Buterin, Founder Ethereum
Michael Cao, CEO Zoom Hash
Dave Carlson, CEO Mega Big Power
Nic Cary, CEO Blockchain
Amir Chetrit, Factom
Reeve Collins, CEO, Tether
Julian Counihan, Red Sea Ventures
Tuur Demeester, Adamant Research
Anthony DiIorio, Decentral, KrytpoKit, Ethereum
Joe DiSorbo, Webgistix
Jason Dorsett, Early Adopter
Michael Dupree,  EasyBit/BlockChain Capital
Bruce Fenton, Atlantic Financial / Bitcoin Association
Paige Freeman, VP of Sales for Bitnet
Dan Held, Blockchain/ZeroBlock, ChangeTip
David Johnston, DApps Fund, Mastercoin, Factom
Jason King, Seans Outpost
Charlie Lee, Coinbase/ Creator LiteCoin
Adam Ludwin, CEO, Chain
Marshall Long, CEO Final Hash
Trace Mayer, Author, investor, early adopter
Raj Mehta, Kilowatt Capital
Matthew Mellon, Digital Chamber of Commerce
Ira Miller, CEO, Coinapult
Joel Monegro, Union Square Ventures
Brock Pierce, Crypto Currency Partners
Michael Perklin, CryptoCurrency Certification Consortium
Elizabeth Rossiello, CEO BitPesa
Marco Santori, Pillsbury Winthrop
Ryan Singer, Entrepreneur
David Smith Silva, Bitcoin Consultant and Educator
Craig Sellars, CTO Mastercoin
Bo Shen, Bitshares
Paul Snow, Texas Bitcoin Alliance and Factom
Nick Sullivan, CEO ChangeTip
Michael Terpin, Social Radius
Peter Todd, Core Developer
Jeffrey Tucker, Liberty.me
Alyse Killeen, March Capital Partners
Justin Newton, CEO NetKI
Will O’Brien, BitGo
Josh Rushing-AlJazeera Correspondent, Host of Fault Lines – Guest Speaker
Micah Winkelspecht, Gem
Andres Yashcuk, Factom
Shawn Winkinson, Founder Storj
Roger Ver, Memory Dealers
Erik Voorhees, Entrepreneur
Vadim Telyatnikov, Social Radius

This is big.



The quagmire I'm now faced with is to whether or not publish my exposé on World Bitcoin Association (NYC) that I've worked on for the past two days. The folks behind that endeavor make Leroy Fodor look like a saint. No aliens, but there be robots.

[Guido]

BOOM

[Snail2]

More and more big boys coming aboard. We will see some pretty interesting things in the next few years.

[funtotry]

This is huge! Trading for btc will add lots to the price but adoption wouldn't really drive up because the traders won't actually be having the btc at the end of the day (if they decide to keep it), just numbers in their account. Looking forward to maybe a price rise from this!

[abyrnes81]

Now I think bitcoin will be really mainstream and the price will go to the moon! Will you participate to nasdaq as investors or not?

[Gleb Gamow]

BOOM

Nice post, Guido! Would it surprise you to learn that the dude who's behind WBA also maintains the Ron Paul office in NYC?

[Guido]

BOOM

Nice post, Guido! Would it surprise you to learn that the dude who's behind WBA also maintains the Ron Paul office in NYC?

It would actually!

the only question that remains, is....... when?

when is this new exchange likely?

like the winklevii exchange I'll probably be using a zimmer time that happens

[LFC_Bitcoin]

I don't trust the Winklevii.
I think they're full of shit.

[funtotry]

Now I think bitcoin will be really mainstream and the price will go to the moon! Will you participate to nasdaq as investors or not?

I'm sure many people who just trade btc for profit and not the actual currency. This will make it easier for them and probably slim some margins on trading as well. I think its good for all of us.

[vvv8]

I don't trust the Winklevii.
I think they're full of shit.

Full of shit, or not, those twins are among people which will decide the true ultimate fate of bitcoin.

Love them or hate them, you need them

[funtotry]

I don't trust the Winklevii.
I think they're full of shit.

Full of shit, or not, those twins are among people which will decide the true ultimate fate of bitcoin.

Love them or hate them, you need them

Yes, they have done so much for bitcoin and are among the top 10 holders of btc. They can do many things with it so you should probably have faith in them. Yes we do need them.

[randy8777]

this is the kind of news we are waiting for. amazing news. let's see what it will do for bitcoin in reality.

[pereira4]

Lol at anyone that sold and even bigger lol at anyone that isn't buying sub 300 Bitcoin like crazy as we speak.

[Chef Ramsay]

Seems like this will add a continual stream of demand for bitcoin buying whether they're just traders or not. I love seeing these kinds of reports as it further add credibility that bitcoin is here for the long haul.

[nikona]

Nasdaq OMX Group Inc. has agreed to provide New York-based startup Noble Markets with core technology to power a new marketplace aimed at allowing companies and institutional investors such as hedge funds to trade bitcoin and related digital-currency assets.
According to a joint statement provided to The Wall Street Journal, Noble’s platform will use Nasdaq’s X-stream trading system, a high-tech system for matching market participants’ orders that is used by more than 30 exchanges and marketplaces worldwide. Nasdaq will also provide marketing support.

More at : http://www.reddit.com/r/Bitcoin/comments/301sqy/nasdaq_to_provide_trading_technology_for_bitcoin/

Amazing news, This is going to be BIG. Cant wait to see how it effects the price. Although I dont really care abt the price.

[funtotry]

Wait hold on, will nasdaq just make a tradeable "number" just like other stocks where you are just trading numbers around and not actually owning the bitcoin? or will you ACTUALLY have the bitcoin withdrawable and depositable like a regular exchange.