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by TuringNYC
3492 days ago
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That surprises me -- they make a lot of money from swaps and other non-exchange settled contracts' volume, especially if such contracts can be traded easily across banks. MarkItPartners is an excellent example of how all the banks made a lot of money through a consortium pushing a unified standard. Why try to make money off a patent when they can grow volume on their core product? |
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