I'm not sure I follow this correctly.

Admittedly I took only a cursory glance, but BitMarket.eu doesn't seem to have their identities up or a Terms of Service that I can find. The ToS we have is not just to protect us but also to protect user funds (ie we don't advocate illegal activity and if we find people using our services illegal we may have to report such things to protect not just our site but also our other users funds.)

I can't vouch for BitMarket.eu but relatively speaking I have not hear of them lying, stealing or being hacked or any combination thereof so that puts them at the head of the pack for most prominent bitcoin exchanges. However, I can't even see the company name behind BitMarket.eu (again maybe need to look a lot longer). I think they will be attending the European Bitcoin Conference, if so, that will add some credibility. However, they may simply just be a sponsor. I really cannot comment on BitMarket.eu. They may be amazing people. Logically however I'm uncertain why you would prefer them now unless there is a plethora of information about them which I have not been able to easily find.

A prominent member of Bitcoin once told me he did not want to promote Britcoin (he was promoting other exchanges which had lied to their users). His reason was because Britcoin used to say something to the effect of "Once you have bought your Bitcoins please withdraw them from the site and into your personal wallet." Perhaps we are overly paranoid about security to the degree that it hurts our marketing. It is pretty ironic. We also have a running joke that having your exchange hacked and riddled in other controversies might really help your SEO which may sadly be true.

As we're running a free service we must be patient with our legal advice. The man who is helping us (and in turn our users) is doing so pro bono. It is not that I am being slow on this, I simply cannot demand the lawyer's time unless there was something urgent.