Yes, and that's the main problem. If I find someone who can help me with this when launched, I can start this project...
Do you have any initial investment or a substantial amount of free time? Developing this could be very time consuming, and it won't be profitable for a long time especially without fees so you'll need some way to support this until that time. Perhaps you could consider building it off of https://github.com/buttercoin/buttercoin in order to save yourself some of the work?
Thank you for posting, I know that script, but it's not PHP-based. I want purely PHP+MySQL script (on server side) and HTML/CSS/js on client side.
I can program this all by myself, but I agree it will be very time consuming, but I just want to help community to trading cryptos free.
Well, it may looks that way.
But reason why am I doing this is that I'm speculating with shares & commodity exchanges all the life. I just wanted to do something similar with BTC/LTC/USD. But in this industry there is only one big exchange (BTC-e) with huge fees, and it's impossible to trade with this fees.
So I decided to start exchange with no-fees. Mainly because me, so I can trade cryptos on my own exchange with no-fees. But I need more than one people to start this.