16th July 2011, 07:11 AM
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Member
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Join Date: Jan 1970
Posts: 2,428
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Other exchanges like Betaq would give their left one for the turnover that they ignorantly snear at.
Without traders , most markets would be 125%
Have a look at the NZ market percentage.
Its very high .
Thats what it look like when there is no trading.
All exchanges rely on liquidity to make the market happen.
Their min bet of $5 is 67% higher in Aust than it is in the UK .
Why?
Why do they bother with dicounting the commission for that matter, I thought it was all about the money, half a percent discount is not worth the infrastructure set up to account for it.
If it was a flat 5% , they could afford to keep the traders on board.
I thought computers did all the work anyway , so it costs the same whether they are going or turned off.
If it worries them that much , why not slow their processors down if they want to drive traders away,
The standard punter does not need 200 updates a second.
I personally use 1 update per 2 seconds.
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Cheers.
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