5 ms·
Apart from the enormous loss of sales and the lost profits for all involved.
by Rochus 6y ago
Apart from the enormous loss of sales and the lost profits for all involved.
- ncmncm 6y agoEvery person's profit would have been somebody else's loss. They match exactly, less transaction costs which were saved by both sides. Of course somebody else didn't collect on the transaction costs.
- neximo64 6y agoExcept if new shares are issued at no cost. Or new currency is minted/credit is created which happens literally every day.
- freddie_mercury 6y agoWhat new currency is minted or traded on the Tokyo Stock Exchange?
- neximo64 6y agoJapanese yen of which the shares traded on the TSE are denominated
- paxys 6y agoThe market itself collects a transaction fee on every trade, so that is something they are not getting back.
- ncmncm 6y agoThe exchange obviously does not get to collect transaction fees for transactions it fails to mediate. But that does not harm buyers or sellers. As noted, they get a vacation from paying fees, along with avoiding any profits and losses. The exchange suffers, paying salaries and rent without income, but they deserve it for providing crappy service.
- deleted 6y ago[deleted]
- deleted 6y ago[deleted]