Despite some problems, however, the low-key regulatory approach is appropriate, given the wholesale and trade-based nature of most UK futures exchange business. It is an approach that encourages the exchanges themselves to stay within the system rather than moving offshore. In the US, in contrast, exchanges are more orientated towards domestic retail business, and this encourages more extensive government supervision. Another attraction in being an RIE is its " status ", in the eyes both of exchange participants and government authorities; here, RIE and exchange status are indeed much the same thing, both in theory and practice.