SBX is a Peer-to-Peer exchange that combines the exchange, clearinghouse and broker functions onto a single platform.
Investors, traders and brokers trade directly with one another as peers in real time, trading 24 hours a day including weekends.
All trading activity is permitted 24/7, and transactions are posted in real time.
If you want to trade Krone, Hryvnia, Zloty or Peso, SBX has designed an exchange for the more than 100 currencies without an organized marketplace. While there are online exchanges for inter-bank trading of the twenty major currencies, these inter-bank systems are not available to individual investors or traders.
At present, there is no online exchange for the over 100 other currencies that are in use today. Individual dealers do call markets in one or more of these other 100 currencies; however, an individual dealer market is not an exchange with multiple interacting participants and with clearing facilities to settle their transactions.
We anticipate both dealers and individual traders would use SBX to trade currency 24-hours a day. Active individual traders and dealers would find the free advertising with each displayed order an incentive to use SBX. The Danish Krone market below show how a typical currency market might look on SBX.