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Or will it be able to eventually establish a more successful trading base such as LinkedIn (LNKD)?
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Now, every morning, an IBM supercomputer at the bank's New York trading base runs its portfolio through Monte Carlo simulations of the sort developed to simulate nuclear explosions.
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You are going to base your trading strategy on that?
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Regulators would have to be convinced that sports contracts have enough of an investor base to be legitimate trading contracts, and not just one-off bets.
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NYSE's secret: its apparently low trading costs reflect the fact that its high cost base is spread over enormous volumes.
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Although the secondary market is still young, it is routine for companies to halt trading before an IPO to have time to account for its current shareholder base, said a person familiar with the secondary market.
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Hertz need not worry about eating into its existing customer-base, says Chris Agnew of MKM Partners, a research and trading firm.
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Sideways trading over the next few days could provide the metal with the kind of base that would allow for a push toward year-to-date highs.
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Chinese firms, for example, derive 60% of their income from equities trading, putting them "at the mercy of equity markets and turnover, as well as their mainly retail investor base, " said Bonn Liu, a partner at KPMG China.
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