
Look at that volume!
What a drop!
I think this is it with chinese dominance, in terms of trading volume of course.
I see.
The thing is, that volume of western exchanges didnt surge to the level, chinese has fallen off. Indicating that atleast some of the volume was indeed fake.
Short and mid term, this is quite bearish news, I am afraid. A lot of the excitement might fall of, once investors in Asia realize, that the party house is half empty.
Long term, it will be beneficial for multiple reasons, not least adding transparency and credibility to established exchange providers.