Sportexchange Ltd.

sportex will provide the bookmaking industry with a revolutionary, global hedge platform to manage book risk on an event-by-event basis. the sportexchange will also allow speculators and syndicates to enter and exit positions in connection with each event. it is anticipated that this blend of traders with a variety of differing objectives will create a vibrant and efficient market for trading and offsetting sporting event risk. sportex is preparing to unveil a new insurance product that will revolutionise financial markets and risk management for the global sports wagering industry. these insurance policies will be issued and regulated in such a way as to create sporting risk transfer insurance policies (“sporting rtips”), the price for which will at all times be determined by the market. this is a real departure from common notions of a “house” setting odds or pricing, and of a transaction involving a “winner” and a “loser” of a “bet” on a future outcome. sporting risk transfer insu