One thing I think people are missing is the fact that since you get the best rates from cross exchanges you could potentially be arbitraging easy by buying from STeX and selling to the higher priced exchange
Well, one idea for the STeX algorithms - as I understood it - is generating arbitrage. This could very well be achieved through the liquidity pool (I think Arbidex does something similar). If you'd try that by yourself, without the STeX liquidity pool, this can very well go wrong, because of transaction time and confirmation policies on the different exchanges. In fact, the time you are loosing by transferring your assets from one exchange to the other is one of the STeX Exchange selling points
