Betfair set fair for float Betfair is set to offer its shares for sale on the London Stock Exchange for the first time. Its main business is punter-to-punter betting - punters make bets with each other. It now claims three million registered customers and over the last year dealt with five million transactions a day - more than all European stock …
"over the last year dealt with five million transactions a day - more than all European stock exchanges."
Half way through the day I'm seeing some getting over 2 million trades, but if you combine quotes betfairs traffic/liquidity is comparatively less impressive. Just quotes: Eurex 30m, Stuttgart 18m, Euronext combined is probably over 50m.
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