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@0xbitcoiner
5 Jun
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on: BlackRock, Citadel Securities-backed TXSE Group to start Texas Stock Exchange
econ
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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@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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