We constantly tout that Global X Change is the world’s first “Exchange Operating System”, but what does that actually mean? In this article, I aim to expose the GXOS (Global X Change Operating System) for what it is.
The GXOS is what happens when you “unpack” a stereotypical exchange. Since “Exchange Mechanics” are rarely taught to users, we suspect that most readers won’t see the inherent value of “unpacking” an exchange. To put it simply, exchanges have systematically consolidated the ancillary functions of trade to optimize for control (for them) and cost (for them). However, there is no doubt that some of these efforts on behalf of exchanges have added value to the end user.
Especially in the domain of speed and order liquidity. Also, this control for speed trade-off would be something that we could live with. However, with the invention of the tokenized asset, we see the need to rethink this “one size fits all” trading infrastructure.
“If there isn’t a current market for a particular asset class, just create one”
Global X Change