Oleg Belousov
n.exchange
Published in
1 min readMar 11, 2018

--

Slippage problems are not always caused by a lack of liquidity. Often they are the result of a broker’s getting in between you and the market, as a market maker, to make an extra buck; thus, creating what is referred to as ‘’artificial slippage’’.

The real problem, however, is that brokers are not regulated (a wall-street A-book broker, such as InteractiveBrokers or TD Ameritrade, would never be able to get away with such behaviour).

On the plus side; some brokers, such as Kraken, are honest about this fact. Before every trade, they clearly state that, unless you trade with a non-leveraged limit, Kraken would be the immediate counter-party of your trade, and would have the right to execute/liquidate your trade at any price from 0.00001 USD to 1000000 USD.

We, at Nexchange.io, would like to resolve this obvious lack of a robust and regulated A-Book broker on the market. This is why we are going to launch our own ICO. For more info about this, please drop us a line, at Nexchange.io.

For more info about the latter please shoot us a message at ico@nexchange.io.

--

--