3 ms·Even incumbent Exchanges make money a lot of other ways todayby eries 9y agoEven incumbent Exchanges make money a lot of other ways todayhendzen 9y agoTrading fees? Market data costs? Colocation fees? All things that suffer if you discourage active trading.twobyfour 9y agoTo be successful, it doesn't have to make as much money as the other exchanges. Just enough to continue to operate.