0 sats \ 2 replies \ @k00b OP 5 Jun freebie \ parent \ on: BlackRock, Citadel Securities-backed TXSE Group to start Texas Stock Exchange econ
How so?
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20 sats \ 1 reply \ @0xbitcoiner 5 Jun
Presumably you can't create one willy nilly because there are so few.
I may have misunderstood. There can't be too many stock exchanges so as not to spread liquidity around.
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26 sats \ 0 replies \ @k00b OP 5 Jun
Oh I think I understand. You're noting a stock exchange is like a liquidity pool and have pretty big network effects. I guess Blackrock is uniquely positioned to make another exchange then - they can singlehandedly provide enough liquidity.
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