let me introduce the new trading platform, called https://icbit.se. There is already a long thread about its Derivatives market section ( https://bitcointalksearch.org/topic/m.605807 ). However, by reading numerous messages about problems on Mt.Gox and TradeHill, slowness of orders execution, be it web interface or special API (which should be in fact designed to ease server's work), I suspect there is a need in a better, competing exchange.
I constructed the new exchange using my multiple years of experience in the stock and derivatives trading (including HFT, quantative trading), but I tried to make it comfortable for existing traders' practices used by Bitcoin community. My wish for ICBIT is to be considered as the next step of Bitcoin exchanges evolution, something like "Exchange 2.0".
Some of the new architectural features which make ICBIT different from already existing exchanges:
- Advanced, very high-performance trading engine.
- Redis-based data storage for active data and traditional SQL database storage for historic data.
- Real time web trading client. No polling, no slowness, what you see in the web trading client is updated at real time.
- (One very important feature which will make active trading WAY more convinient coming soon...
) - Websocket API.
- Partnership with leading money transfer services for fast and convinient money deposit/withdrawal and key projects in the Bitcoin community (announcements coming soon...).
As I already told in my other topics, ICBIT is a community-driven project, so it evolves according to the demand of the Bitcoin community.
Right now, only Currency Trading section is enabled, Derivatives markets will be the next step after Currency Trading goes live.
HOW TO TRADE.
DISCLAIMER: The trading platform is in beta testing stage, so it obviously may have problems, misbehave or just don't work at a given moment of time. The purpose of this testing is to eliminate as much of problems as possible before going live. Email address for any questions is given at the website's front page.
1. Register at the website (if you haven't already) to obtain global ICBIT authentication credentials.
2. Go to the web trading client (https://icbit.se/WebTrade/).
3. Log in there with your global ICBIT login and password (it's not mandatory to be logged in at the main website).
4. Go to "Funds" tab. Follow on-screen instructions to deposit (or later withdraw) some money.
5. Go to "Currency Trading" tab. Now you can create buy/sell orders, watch the market depth (order book), keep an eye on your waller and a list of orders.
If you encounter any problem, have some useful suggestion - reply to this thread, and I would fix it.