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Erik Hoel
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Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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August 6, 2009

Dealing With Dealers Electronically

By Peter Chapman

Crosses aren't the only way to get large blocks done on an options exchange. Market makers are still willing to negotiate over large trades.

Negotiations used to take place in the pits, but now more trading is done electronically. That makes negotiating more challenging.

Joe Corona, director of strategic planning at Liquidpoint, a unit of agency brokerage BNY Convergex that services other brokers, told the crowd at this year's OIC that exchanges and firms such as his are trying to replicate the negotiation process electronically with vendor technology and exchange mechanisms.

"That is where the innovation needs to take place," Corona said. "There is a lot of improvement to be made in terms of seeking, finding and matching process."

 

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