Betfair exchange | Betfair trading | Cross matching (xm) explained
Betfair cross matching explained.
When you place a bet on Betfair, the exchange mechanism places the other bets for you at the same time but on different selections on the reverse side of the book.
This process is called cross matching. This video shows you cross matching occurring when we place some bets in an illiquid market.
Cross matching is sometimes abbreviated to XM or cross market cross matching to XMXM
Peter Webb – Bet Angel