New portfolio page.
Adds purchase history on a per-asset basis, along with approximate current value (based on quantity held and current bid price) and weighted purchase price.
Cheers.
Topic: [LTC-GLOBAL] The Litecoin Global Virtual Stock Exchange - Public Beta - page 10. (Read 21364 times)
September 19, 2012, 03:06:20 AM
September 18, 2012, 01:55:53 PM
The trading interface should be clearer now. I have added the text "BUY" and "SELL" to the "Place Order" buttons. 
I also added a PIN confirmation requirement to the order placement forms. I know it'll slow down order placing a little bit, but I think it's worth it if it adds a little security and makes people think for another second or two before hitting the place order button.
Cheers.
I also added a PIN confirmation requirement to the order placement forms. I know it'll slow down order placing a little bit, but I think it's worth it if it adds a little security and makes people think for another second or two before hitting the place order button.
Cheers.
September 18, 2012, 11:33:29 AM
Had a user buy a lot of shares of an asset, then sell a chunk of them way below market, then buy some back way above market.
I've sent an email to the account holder, I don't see anything in the logs that would indicate anything more than a possible account compromise, but I'm going to lock trading until I hear back from the account owner and can maybe figure out what might have happened.
Under normal operation I won't be shutting the site down for compromised accounts, but since we're still in beta, I think it make sense to be cautious.
Cheers.
I've sent an email to the account holder, I don't see anything in the logs that would indicate anything more than a possible account compromise, but I'm going to lock trading until I hear back from the account owner and can maybe figure out what might have happened.
Under normal operation I won't be shutting the site down for compromised accounts, but since we're still in beta, I think it make sense to be cautious.
Cheers.
User confirmed he was at the helm when the mistakes were made, so no compromised account. I have promised him to make the trading interface clearer.
September 17, 2012, 08:25:34 PM
Had a user buy a lot of shares of an asset, then sell a chunk of them way below market, then buy some back way above market.
I've sent an email to the account holder, I don't see anything in the logs that would indicate anything more than a possible account compromise, but I'm going to lock trading until I hear back from the account owner and can maybe figure out what might have happened.
Under normal operation I won't be shutting the site down for compromised accounts, but since we're still in beta, I think it make sense to be cautious.
Cheers.
I've sent an email to the account holder, I don't see anything in the logs that would indicate anything more than a possible account compromise, but I'm going to lock trading until I hear back from the account owner and can maybe figure out what might have happened.
Under normal operation I won't be shutting the site down for compromised accounts, but since we're still in beta, I think it make sense to be cautious.
Cheers.
September 12, 2012, 01:55:54 AM
Changed the required confirmations on deposits from 10 to 6.
September 09, 2012, 12:50:05 AM
We had a successful launch of a new security this week, LTC-CHARTS.
We've also rolled out a new notifications feature. Asset owners can post notifications on their securities, and all shareholders of that particular asset automatically receive a copy via email.
The site also sustained lots of poking and prodding this week from people doing SQL injection and script injection attempts. Please let me know if you're one of the culprits and you actually find any holes. And for what it's worth, your IP's have been logged.
Cheers.
We've also rolled out a new notifications feature. Asset owners can post notifications on their securities, and all shareholders of that particular asset automatically receive a copy via email.
The site also sustained lots of poking and prodding this week from people doing SQL injection and script injection attempts. Please let me know if you're one of the culprits and you actually find any holes. And for what it's worth, your IP's have been logged.
Cheers.
September 04, 2012, 02:28:27 AM
Bunch of bug fixes & interface fine tuning.
Added email notifications of transfers, purchases, sales, and dividends.
Added email notifications of transfers, purchases, sales, and dividends.
September 02, 2012, 11:45:34 PM
Can't wait to see more stuff on the market! 
I might be listing something there soon. Maybe 6-7 weeks.
September 02, 2012, 04:28:35 PM
I introduced a PIN validation issue yesterday that kept people from registering. It is now fixed.
September 02, 2012, 09:19:56 AM
Can't wait to see more stuff on the market!
September 02, 2012, 04:06:37 AM
Internal asset transfers are up and going.
September 01, 2012, 08:59:28 PM
I'll also get the password recovery and PIN recovery working today.
Password recovery is up and working.
PIN recovery as well, which can be accessed from the Account page when you're logged in.
September 01, 2012, 04:02:24 PM
IMPORTANT! Change in TERMS OF SERVICE
The terms of service have been modified to allow asset issuers access to your email address and quantity of assets owned. They will ONLY be able to see the quantity of THEIR asset you own and they will ONLY be able to see your email address IF you own shares of their asset.
Why are you making this change?
It is for your protection. With this change we will be able to setup an API for asset issuers to download a list of who owns their asset. This will allow the asset issuer to continue operation in the unlikely event that anything should happen to LTC-GLOBAL. Hopefully everyone will sleep better at night, knowing that their shares will continue beyond the life span of LTC-GLOBAL.
When does this change take effect?
October 1, 2012
The terms of service have been modified to allow asset issuers access to your email address and quantity of assets owned. They will ONLY be able to see the quantity of THEIR asset you own and they will ONLY be able to see your email address IF you own shares of their asset.
Why are you making this change?
It is for your protection. With this change we will be able to setup an API for asset issuers to download a list of who owns their asset. This will allow the asset issuer to continue operation in the unlikely event that anything should happen to LTC-GLOBAL. Hopefully everyone will sleep better at night, knowing that their shares will continue beyond the life span of LTC-GLOBAL.
When does this change take effect?
October 1, 2012
September 01, 2012, 12:36:23 PM
I registered on the site https://www.litecoinglobal.com/
It said registered successfully & asked me to login.
When i tried to login with my username & password, i get wrong password or username error.
If i CLICK Lost password, i get 404 page not found error
Edit:
Login successful, but password length is only less than or equal to 20 characters.
Better have it clearly says in register page, if you cant increase password length.
ex: password MUST be less than 20 characters, not more than 20.
It said registered successfully & asked me to login.
When i tried to login with my username & password, i get wrong password or username error.
If i CLICK Lost password, i get 404 page not found error
Edit:
Login successful, but password length is only less than or equal to 20 characters.
Better have it clearly says in register page, if you cant increase password length.
ex: password MUST be less than 20 characters, not more than 20.
Thank you for posting the follow-ups, I'll fix the registration page to be clearer!
I'll also get the password recovery and PIN recovery working today.
September 01, 2012, 08:06:37 AM
i have already wrote the same on the other forum (http://forum.litecoin.net/index.php/topic,551.19.html), i reposted here for more discussion
Actually, the idea can also be appliable for the GLBSE
I have a proposal for issuer promoting. Maybe you can give some of the trade fees to the issuer as a promotion at the end of the month.
To be more clearer , here is what in my mind exactly:
If any security hits a threshold value lets say 100,000 LTC then the system works as below:
Monthly Volume < 100,000 LTC issuer gets nothing
100,000 LTC =< Monthly Volume < 500,000 LTC then issuer gets the 0.02 % of the traded volume
500,000 LTC =< Monthly Volume <1,000,000 LTC then issuer gets the 0.03 % of the traded volume
1,000,000 LTC =< Monthly Volume then issuer gets the 0.04 % of the traded volume
I know it is early about talking but i think it is important to decide when there exists a LTC-GLBL fund. So shareholders of LTC-GLOBAL can approve or not.
Actually, the idea can also be appliable for the GLBSE
I have a proposal for issuer promoting. Maybe you can give some of the trade fees to the issuer as a promotion at the end of the month.
To be more clearer , here is what in my mind exactly:
If any security hits a threshold value lets say 100,000 LTC then the system works as below:
Monthly Volume < 100,000 LTC issuer gets nothing
100,000 LTC =< Monthly Volume < 500,000 LTC then issuer gets the 0.02 % of the traded volume
500,000 LTC =< Monthly Volume <1,000,000 LTC then issuer gets the 0.03 % of the traded volume
1,000,000 LTC =< Monthly Volume then issuer gets the 0.04 % of the traded volume
I know it is early about talking but i think it is important to decide when there exists a LTC-GLBL fund. So shareholders of LTC-GLOBAL can approve or not.
September 01, 2012, 03:15:10 AM
I registered on the site https://www.litecoinglobal.com/
It said registered successfully & asked me to login.
When i tried to login with my username & password, i get wrong password or username error.
If i CLICK Lost password, i get 404 page not found error
Edit:
Login successful, but password length is only less than or equal to 20 characters.
Better have it clearly says in register page, if you cant increase password length.
ex: password MUST be less than 20 characters, not more than 20.
It said registered successfully & asked me to login.
When i tried to login with my username & password, i get wrong password or username error.
If i CLICK Lost password, i get 404 page not found error
Edit:
Login successful, but password length is only less than or equal to 20 characters.
Better have it clearly says in register page, if you cant increase password length.
ex: password MUST be less than 20 characters, not more than 20.
September 01, 2012, 02:15:28 AM
New! Pretty graphs: https://www.litecoinglobal.com/security?s=LTC-GLOBAL
New! FAQ: https://www.litecoinglobal.com/faq
What other questions would you like to see answered on the FAQ?
New! FAQ: https://www.litecoinglobal.com/faq
What other questions would you like to see answered on the FAQ?
August 30, 2012, 03:32:10 PM
In general, I guess, term 'derivative' would cover all kinds of stuff: http://en.wikipedia.org/wiki/Derivative_(finance)#Common_derivative_contract_types
Looks like it might make sense to break out everything under the heading "Common derivative contract types" on that page. At least everything that it makes sense to trade on the exchange?
Initially everyone will have to specify all of the details of their assets in the contracts, but down the road we could create fields specific to the various derivatives so that they would be easier to compare, etc.
August 30, 2012, 03:22:51 PM
That's helpful, I'll try to re-word things where I can to clear things up. I think in this case:
Shares authorized/Shares unissued = tracked in the contract or external (forum?) location.
Treasury shares = shares held in Litecoin Global by the Asset Issuer.
Shares outstanding = shares held in Litecoin Global by Asset Holders.
Does that work?
Shares authorized/Shares unissued = tracked in the contract or external (forum?) location.
Treasury shares = shares held in Litecoin Global by the Asset Issuer.
Shares outstanding = shares held in Litecoin Global by Asset Holders.
Does that work?
Mostly.
Shares are initially unissued, then they become issued when they are sold or transferred. Then they might become treasury stock if they are bought back.
So technically shares which are held by asset issuer are either unissued or treasury. But I don't think there is any practical difference, except for accounting.
Quote
The STOCK/BOND/FUTURES is (right now) purely for display purposes. Can you think of anything I should add?
Futures are supposed to be standardized contracts with exchange itself as acting as a counterparty. What you have is likely no futures but, maybe, forwards, unless it is supposed to work on a meta-level.
In general, I guess, term 'derivative' would cover all kinds of stuff: http://en.wikipedia.org/wiki/Derivative_(finance)#Common_derivative_contract_types
August 30, 2012, 03:19:51 PM
Well, I think a 'corporate' way to do this would be to decouple users from accounts. I.e. each user has his own login credentials, and he is authorized to work with certain accounts. User who have created a company account has full access and he can give other users access to this company's account. E.g. treasurer would be allowed to access to company's finances. If treasurer is replaces, owner would just revoke old treasurer's access rights and give them to other user, no change of credentials is ever needed.
But this might be seen as needlessly complex, sure.
But this might be seen as needlessly complex, sure.
Depends on how big the exchange gets. If LTC and the exchange catches on in a big way, I would love to be able to justify development of that ability.
Thank you for the input. It's appreciated.
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