There's been rumors of NYIIX and PAIX-NY linking up like SIX and PAIX-seattle.
It's not a rumour. PAIX is interconnecting with NYIIX as soon as the fiber engineering people say that the photons will travel end to end.
Will PAIX be around as an entity capable of providing any services in 3 month?
Which is why I was surprised that Paul offered PAIX-seattle connectivity for a $300 one-time charge for those who are already connected to SIX.
We aren't silly, and since it would be silly to fail to recognize that some peers want/need different service levels than others, we recognized it and are acting on it.
When a company makes such business decisions, would this company be around to make that $300 one time charge worth more than a dinner at Sagami in next 3 month? Alex