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Do exchanges in real finance even have long term customer deposits?
by Ferrotin 4y ago
Do exchanges in real finance even have long term customer deposits?
- JumpCrisscross 4y ago> Do exchanges in real finance even have long term customer deposits? Not really. They used to! (A hundred+ years ago.) But we learned that an exchange blowing up is a hell of a lot worse than a bank or broker. So most systems segregate the functions. (It's also not great to have an exchange making markets and thereby having a vested directional interest.)