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> (1) How can I perform an atomic transaction across two stock exchanges? I'm not sure why you're mandating across two stock exchanges? If you want to swap two
by qeternity 4y ago
> (1) How can I perform an atomic transaction across two stock exchanges?
I'm not sure why you're mandating across two stock exchanges? If you want to swap two assets in a single transaction, there is a very mature market for this. This has more to do with CPAMM vs. CLOB than it does anything else.
> (2) How can I take stock held on one exchange, and use it as collateral on an unaffiliated lending platform?
Well, assets aren't held on exchanges...but again, there is a huge industry that facilitates this.
> (3) How can I launch a new financial app, as a small startup, and open it to assets held on ETrade.
This has more to do with ETrade than anything else. It's like saying how can I launch a startup and get my product in every Walmart store...well you need their cooperation.
> All of these are impossible in the current system.
Absolutely not even remotely true. Just because you don't know, doesn't mean it's not possible.
- marcell 4y ago> I'm not sure why you're mandating across two stock exchanges? If you want to swap two assets in a single transaction, there is a very mature market for this. This has more to do with CPAMM vs. CLOB than it does anything else. If you want to do arbitrage across two exchanges, it is helpful to have an atomic transaction that's all or nothing across them. > This has more to do with ETrade than anything else. It's like saying how can I launch a startup and get my product in every Walmart store...well you need their cooperation. In web3/defi, I can do this without even talking to the defi equivalent of ETrade. It makes it a lot easier to start a startup.