How does a local exchange trading system work?
Could you please explain in more detail how a local exchange trading system operates? Specifically, how do participants connect with each other to facilitate trades, and what role does the system play in ensuring the fairness and efficiency of these transactions? Also, how does the system handle the exchange of different currencies or assets, and what measures are in place to protect against fraud or other risks? Understanding the intricacies of how these systems function would be invaluable for anyone interested in participating in this type of market.