Q Alright, very good. So, give us a quick overview. What does Market Factory do, and what's your revenue model? How do you make money?
A So every time you go on eBay or Amazon and you buy something, uh, from a seller in Europe or in Asia, right, there's a foreign exchange transaction, right? There's a currency being traded and that currency is being, that risk is being held by a bank, right? So someone made you a rate, you know, it's, you know, 10 euros, 20 euros, whatever it is, it goes to a bank, and those positions build up to hundreds of millions of dollars per day, per hour. Billions, in fact. Um, and at a certain point, these banks in the world, they need to trade it again with each other. They need to get rid of risk, right? So if, you know, US banks are always long, long dollars, um, they basically have, if they have too much of one thing or the other, they have to trade it with European banks, Asian banks. If you trade stocks, there's probably three major exchanges, New York Stock Exchange, NASDAQ, and some others in the US. But if you trade currencies, it's a very global market, right? It's almost like Napster, uh, for trading, which is every single bank, every single exchange, um, even hedge funds in across the world, they trade euros with dollars, with yen, with Swiss every second of the day. And there are no breaks, right? Basically, even when it's Christmas here, Asians are trading because it's a work day for them. Um, it's a 20, it's a truly 24 seven market. So what we do is we provide an API tech…
AI assessment note: “So what we do is we provide an API technology that helps.”