Wednesday, February 05, 2020

EBAY, INTERCONTINENTAL EXCHANGE, NYSE : BARTER EXCHANGE

The owner of the New York Stock Exchange is Intercontinental Exchange. ICE for short. ICE is in the news today as a bidder for EBAY. Ebay is the electronic flea market. Wall Street is scratching it's head why? I think ICE wants to add to its flea market exchange another type of exchange. With EBAY's established infrastructure it would be easy for ICE to offer an exchange of bartered goods and services. I.E. people who have goods and services for sale could now offer the same to other similarly positioned venders in a cash free transaction--barter. Could ICE offer on the same EBAY platform a facility for exchanging NYSE listed stocks to all comers for goods and services also? With fiat money available for the asking people would want more value for their real goods and services.

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