New Posts For Thread: LMAX LOSES £13.2m IN FIRST YEARhttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-yearLMAX loses £13.2m in first year15/08/2011Tom VictorBetfair’s majority owned financial trading product LMAX recorded pre-tax losses of £13.2m for the year ended 30 April, Betfair’s annual report has shown.The platform only launched in October laI liked Taikai, was a decent idea and a good laugh. Version 2 was bad though, and that cooked its goose.https://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505401679#505401679I liked Taikai, was a decent idea and a good laugh. Version 2 was bad though, and that cooked its goose.Wed, 17 Aug 2011 07:31:43 -0500I truly believe Taikai could work as well, if done slightly differently!https://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505401489#505401489I truly believe Taikai could work as well, if done slightly differently!Wed, 17 Aug 2011 07:22:40 -0500you could have a good point there nairda, I wonder if they have sorted there management problems out?https://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505367461#505367461you could have a good point there nairda, I wonder if they have sorted there management problems out?Tue, 16 Aug 2011 13:00:21 -0500LMAX could work....just not with betfair managers running ithttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505359801#505359801LMAX could work....just not with betfair managers running itTue, 16 Aug 2011 10:17:58 -0500I hope they don't bin the idea, the LMAX forum on here is one of the funniest sectionsAlmost as good as the Taikai forum. What a truly splendid concept Taikai was£13m a year is a small price to pay to maintain a platform for alun2005's excellent conhttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505359235#505359235I hope they don't bin the idea, the LMAX forum on here is one of the funniest sectionsAlmost as good as the Taikai forum. What a truly splendid concept Taikai was£13m a year is a small price to pay to maintain a platform for alun2005's excellent conTue, 16 Aug 2011 10:07:12 -0500Snail racing has more potential as a new market than company valuations, come on number 6https://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505351427#505351427Snail racing has more potential as a new market than company valuations, come on number 6Tue, 16 Aug 2011 07:16:49 -0500Its an ill conceived variation on the sporting exchange, the fact is watching market movements is as exciting as watching paint dry, ok if you have 10 mill on a company then its exciting but isn't that what the exchange already does and also the ideahttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505351349#505351349Its an ill conceived variation on the sporting exchange, the fact is watching market movements is as exciting as watching paint dry, ok if you have 10 mill on a company then its exciting but isn't that what the exchange already does and also the ideaTue, 16 Aug 2011 07:14:28 -0500what is lmax? is hard to work out what it is. is it an exchange? or is it like spreadex?https://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505351203#505351203what is lmax? is hard to work out what it is. is it an exchange? or is it like spreadex?Tue, 16 Aug 2011 07:09:21 -0500LoriWith a catchy name like LMAX how did it fail?They missed the key that EVERYONE is using:iLMAXhttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505351021#505351021LoriWith a catchy name like LMAX how did it fail?They missed the key that EVERYONE is using:iLMAXTue, 16 Aug 2011 07:03:19 -0500why would you use LMAX as you watching betfair Kill their true betting exchange....can't say you're a true exchange (we nothing like IG index) but at the same time, try and kill off every winning punter on your betting exchangehttps://community.betfair.com/general_betting/go/thread/view/94082/28205855/lmax-loses-132m-in-first-year?post_id=505350919#505350919why would you use LMAX as you watching betfair Kill their true betting exchange....can't say you're a true exchange (we nothing like IG index) but at the same time, try and kill off every winning punter on your betting exchangeTue, 16 Aug 2011 06:59:20 -0500