> E.g. the exchange occurs as soon as the two parties agree. Although this eliminates counterparty risk it poses significant (insurmountable?) problems for the

> E.g. the exchange occurs as soon as the two parties agree. Although this eliminates counterparty risk it poses significant (insurmountable?) problems for the way automated trading currently works today. Could you elaborate on this? I'm interested to understand why this presents a problem. Isn't it a good thing for both parties?