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I have always thought that Google can run an exchange better than any of these outfits such as CME. So the question really is how difficult is it to start an exchange by any firm and have traders trade the instruments. Google certainly has the means and perhaps partnering with other banks and investment firms, can put up a real cheaper, faster and more reliable alternative to CME. |
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runner - Wow, you took that in a completely different direction!
My use of Google was more of an analogy - that the CME is to exchanges as to what Google is to the web. Sorry if that wasn't clear.
Who knows what it takes to start an exchange. Lots of time and money, both of which Google has. That'd be weird... trading on the Googex.
