Ann: iSignthis and NSX Limited enter into ClearPay Joint Venture, page-322

Thx, i have it marked at 40c as per lhc but who knows where it'll open. Still trying to sell some more off mkt at $2 however

a) & b) No liquidity in the NSX & Significantly higher costs: Someone mentioned Nasdaq before. Its a good example. Their main selling point was lower fees AND tighter spreads. In the end the clients dictate where the trading is done. The marketmakers and early adopters went to the Nasdaq first and money followed (bringing liquidity). Hows the flagship product charging 150bps gonna work? Why would anymore pay 10-100x more for an existing product?
c) DVP: Only used for placements. Because its bad and manual. Could be automated though but there's still counterparty risk. I dont worry about my counterparty on any major exchange because of the clearing house. Same way I'll take some counterparty risk buying some lube on Ebay for my potential reaming but no way would I buy a car or jewelery there for a guaranteed reaming.