Thinking about starting an exchange.

BLACKIE · 05-07-10, 05:50 PM

Lot of stuff mentioned is already taken. All I here out there is the need for liquidity. In order to do that you need to bring market makers together with the general public so Im trying to go with a name that's more appealing to the financial sector.

Xmarkets are alternative trading options or instruments. It's term used in the finical community.

A far as confusion and the use of the letter x in the name we own both versions of the URL.

New York stock exchange isn't real catchy but all the guys in the financials now what it is.

If we can attract the market makers the rest will follow.

Ace_of_Spades · 05-07-10, 06:07 PM

Follow everything Betfair have done.

Fishhead · 05-07-10, 10:39 PM

The "matchbook has no liquidity" is so overblown it's ridiculous.

Plenty of liquidity for 99% of the posters here.................

jjgold · 05-07-10, 10:42 PM

Fishhead if Blackie gives you a good deal would you post up $50,000??

sharpcat · 05-07-10, 10:45 PM

This is great we need more exchanges in the states

Fishhead · 05-07-10, 10:47 PM

Originally posted by jjgold

Fishhead if Blackie gives you a good deal would you post up $50,000??

I don't know

Ace_of_Spades · 05-07-10, 11:04 PM

If its going to be a true exchange, in-play on Soccer, Tennis, and all American Sports must be available. An exchange is about trading and trading on games that are live, so you should be able to bet live. Betfair is the biggest exchange around, they rule the roost when it comes to Soccer and Tennis. You could be bigger than them, if you have that and an American sports excahnge too, they suck in that area. This has great potential.

SPECULATOR 13 · 05-08-10, 01:13 PM

Originally posted by katstale

Somebody earlier mentioned BlackMarket.

BLAKIE

KATSTALE got it BlackMarket Exchange .com
catchy,edgy,attention grabbing and cool name.

I'm sure no one as taken the name yet.
I have no doubt what so ever BLAKIE that the exchange is going to work,JJGOLD is right you and your organization are first rate,you are leaving no stone left unturned.

I can't wait for September.

Thremp · 05-08-10, 05:37 PM

Originally posted by Fishhead

The "matchbook has no liquidity" is so overblown it's ridiculous. Plenty of liquidity for 99% of the posters here.................

lol

What an idiot shill.

Mike_79 · 05-08-10, 10:13 PM

I'd love to see horse racing - major tracks only - included. Betmaker has been a bit of a let down. It's ok, but can definitely be better.

BLACKIE · 05-11-10, 11:21 AM

Originally posted by SPECULATOR 13

BLAKIE

KATSTALE got it BlackMarket Exchange .com
catchy,edgy,attention grabbing and cool name.

I'm sure no one as taken the name yet.
I have no doubt what so ever BLAKIE that the exchange is going to work,JJGOLD is right you and your organization are first rate,you are leaving no stone left unturned.

I can't wait for September.

Great name but I don't think the DOJ would take kindly to promoting an illegal exchange so openly. Blackmarket implies illegal. xmarket implies new wave or extreme, kind of like xgames.

The name is set boys.

Xmarkets Xchange

https://www.xmarketsxchange.com

https://www.xmarketsexchange.com

Just finished a meeting with our lead programmer and we have a working plan in place to start software development this week. It looks like we'll have a working product by football. Will keep everyone informed of our progress and will seek additional help and input throughout.

toastedbread01 · 05-11-10, 11:24 AM

"www.xmarketsexchange.com"

Lol.

katstale · 05-11-10, 01:08 PM

Looking forward to seeing the bells and whistles.

OmgUrMom · 05-11-10, 01:12 PM

i dont want a sex change

bookie · 05-11-10, 02:39 PM

Originally posted by katstale

Looking forward to seeing the bells and whistles.

...and hearing about the commissions.

FishFace5 · 05-11-10, 02:42 PM

SPECULATOR 13 · 05-11-10, 08:06 PM

Originally posted by BLACKIE

The name is set boys.

Xmarkets Xchange
www.xmarketsxchange.com
www.xmarketsexchange.com

we have a working plan in place -It looks like we'll have a working product by football. Will keep everyone informed of our progress and will seek additional help and input throughout.

GO BLACKIE-GO BLAKIE GO-GO BLAKIE-GO-BLAKIE-GO-

Boscoe · 05-11-10, 08:14 PM

Originally posted by toastedbread01

"www.xmarketsexchange.com"

Lol.

trumpdown · 05-11-10, 11:07 PM

Originally posted by BLACKIE

The name is set boys.

Xmarkets Xchange
www.xmarketsxchange.com
www.xmarketsexchange.com

Adult Warning

This Website contains sexually-oriented adult content which may include visual images and verbal descriptions of nude adults, adults engaging in sexual acts, and other audio and visual materials of a sexually-explicit nature. Permission to enter this Website and to view and download its contents is strictly limited only to consenting adults who affirm that the following conditions apply:

mtneer1212 · 05-11-10, 11:19 PM

I wonder if lost tranny wannabes will add to the liquidity?

diamond · 05-11-10, 11:22 PM

Originally posted by BLACKIE

Lot of stuff mentioned is already taken. All I here out there is the need for liquidity. In order to do that you need to bring market makers together with the general public so Im trying to go with a name that's more appealing to the financial sector. Xmarkets are alternative trading options or instruments. It's term used in the finical community. A far as confusion and the use of the letter x in the name we own both versions of the URL. New York stock exchange isn't real catchy but all the guys in the financials now what it is. If we can attract the market makers the rest will follow.

I like Blackie, he is different and a fresh breath to the industry.

But the way he describes the exchange, its a bit naive I think. Its not that easy. I worked myself within a company where we launched an exchange, its really not that easy as described above.

BLACKIE · 05-12-10, 07:31 AM

Nothing is easy but you gotta be willing to try. I remember 3 years ago when we launched blackdog to establish a name and reputation in the market. People said credit to the public would never work but here we are 3 years later with an established client base and a recognizable name in the industry. When I talked with the old timers about the concept of rebatewager they had doubts but we've grown 10 fold in the last year alone. I'm willing to put sometime and money into a project with the prospects of a big payday down the line and that's exactly what I am doing.The conceptual idea of our exchange is quite different form anything out there. It's either gonna be a hit or fall flat on it's face. We will soon know. From what I gather liquidity is the biggest problem with exchanges. I think the approach we are taking will address this issue. I believe if you can get the liquidity into the market the traders will come.

mtneer1212 · 05-12-10, 07:55 AM

Originally posted by BLACKIE

Nothing is easy but you gotta be willing to try. I remember 3 years ago when we launched blackdog to establish a name and reputation in the market. People said credit to the public would never work but here we are 3 years later with an established client base and a recognizable name in the industry. When I talked with the old timers about the concept of rebatewager they had doubts but we've grown 10 fold in the last year alone. I'm willing to put sometime and money into a project with the prospects of a big payday down the line and that's exactly what I am doing.The conceptual idea of our exchange is quite different form anything out there. It's either gonna be a hit or fall flat on it's face. We will soon know. From what I gather liquidity is the biggest problem with exchanges. I think the approach we are taking will address this issue. I believe if you can get the liquidity into the market the traders will come.

We look forward to it. If it is as good as Blackdog/RebateWager, it will be a homerun.

bookie · 05-12-10, 09:09 AM

Originally posted by BLACKIE

Nothing is easy but you gotta be willing to try. I remember 3 years ago when we launched blackdog to establish a name and reputation in the market. People said credit to the public would never work but here we are 3 years later with an established client base and a recognizable name in the industry. When I talked with the old timers about the concept of rebatewager they had doubts but we've grown 10 fold in the last year alone. I'm willing to put sometime and money into a project with the prospects of a big payday down the line and that's exactly what I am doing.The conceptual idea of our exchange is quite different form anything out there. It's either gonna be a hit or fall flat on it's face. We will soon know. From what I gather liquidity is the biggest problem with exchanges. I think the approach we are taking will address this issue. I believe if you can get the liquidity into the market the traders will come.

Yes liquidity is key...and of course value. Aren't you afraid that by offering an exchange you're going to drain off a lot of your 11-10 football business?

katstale · 05-12-10, 09:13 AM

Kept forgetting to ask, will there be an API feed like Match and Betfair?

Mike_79 · 05-12-10, 09:24 AM

Is it just for football when it starts up? If not, any definitive plans as to what other sports will be offered?

aca · 05-12-10, 10:54 AM

I'm sure that no moneybookers can't help your liquidity!

BLACKIE · 05-12-10, 11:06 AM

Originally posted by bookie

Yes liquidity is key...and of course value. Aren't you afraid that by offering an exchange you're going to drain off a lot of your 11-10 football business?

110 players aren't looking for an exchange. the market idea will be pitched to real traders that would see this as another instrument for trading. they would be able to come in and make the markets and let all the smaller traders buy back.

mtneer1212 · 05-12-10, 11:22 AM

Let's not forget that Blackie could also use the exchange to lay off some RebateWager -110 action if needed.

Raleigh77 · 05-12-10, 11:26 AM

Count me in for the exchange.

mtneer1212 · 05-12-10, 11:33 AM

If done right.......... I think it will be awesome.

BLACKIE · 05-12-10, 11:47 AM

Football pit to start if it's successful other pits to follow. Not sure about the API feed cause I have never used matchbook or betfair.

Better then laying off because I could use the exchange to get rid of our excess moneypack inventory we have everyday. We could pay all our smaller traders by debit card within a couple hours of request.

JohnnyC · 05-12-10, 11:53 AM

Originally posted by BLACKIE

Football pit to start if it's successful other pits to follow. Not sure about the API feed cause I have never used matchbook or betfair.

Better then laying off because I could use the exchange to get rid of our excess moneypack inventory we have everyday. We could pay all our smaller traders by debit card within a couple hours of request.

bookie · 05-12-10, 11:11 PM

Originally posted by BLACKIE

110 players aren't looking for an exchange. the market idea will be pitched to real traders that would see this as another instrument for trading. they would be able to come in and make the markets and let all the smaller traders buy back.

What are your thoughts on commissions?

Ace_of_Spades · 05-13-10, 12:25 AM

Originally posted by BLACKIE

Football pit to start if it's successful other pits to follow. Not sure about the API feed cause I have never used matchbookor betfair.

Better then laying off because I could use the exchange to get rid of our excess moneypack inventory we have everyday. We could pay all our smaller traders by debit card within a couple hours of request.

You might want to check out Betfair.