Market Discussions

Sorry for the delay, just sent the ISK.

Hi VV,

If the 250 M for both MINSK and ICEBSK are still available, i'll gladly reserve them, as no shares have been received to myself. Also isk to be sent to the Vemex name correct?

Cheers,

AA

The T2BSK fund has been locked down, the only available reservations left are ESYFND, MINBSK and ICEBSK.

The second round of reservations is over

Most of the Investors in the reserve list did not reply therefore I will post a list of those who did - and took precedence.

Just checking, this does mean that I bought into 250mil on ICE and MINBSK successfully yes?

I'd like to remind possible further Investors that Market Makers have put a number of shares for sale on the Exchange, which as of now is operational.

Dear Miss Vahrokha!

In anticipation of fruitful further business relations I will rejoice. I confirm that I am now obliged. Though I must confess I am not able to fulfil my obligo within the next eight hours. Indeed I direct my accounting bureau to issue a contemporary transfer when terms and conditions are set.

Yours Sincerely
Horatio Astrates

For multiple reasons, beginning with your sparser and sparser EvE playing, your slowly disengaging from your funds etc. Not saying anything is wrong with that, but I need the guarantee to have a continued service.

Then I want to implement several features currently not available on BSAC and I don't have the heart to tell you to implement real time data feeds and similar for my future projects.

There are more reasons but ATM I don't have the time to list everything.

This does not exactly make me feel any more safer. I have to care for a number of Investors, a lot of care.




1) The ESYFND needs a special kind of pricing where bid and sell are always equal.
2) ESYFND shares completely depend on the fund's real time calculated NAV. That NAV depends on wallet + underlying investments (bonds / IPOs etc) NAV + percentile based proportions off real time calculated Warehouse Containers sitting at Jita. Those containers hold MINBSK and the other funds underlying materials + each of those funds ISK wallet (they are not 100% invested) + each fund's specific escrow on market.
If this did not look complex enough, then each material that is bought ends in the "deliveries" hangar (some times 4-6B worth of stuff) and those materials all end together. The NAV calculator has also to discern them and add such value to each fund's NAV.
3) The above requires an EMDR daemon fetching current market values for the involved materials including duplicate and forged data sanitizing, plus a process fetching what's calculated in 2).
4) Investors as of now are not required to have any account open. IE if they want to buy 1000 shares they send 1000 x the purchase value and that's it.
Most importantly, if they sell 1000 shares, they receive the sale value sent to them, sale after sale, with no accumulation in a previously opened account. This was made to simplify their life (at the expense of mine).
This last point may have to change later but for now it's going like this.
5) Every fund has the option to just redeem shares (at a penalty, except ESYFND), so a special redeem option has to be added.
6) Funds profitability has also been designed with a fee structure in place (hedging the "bad months"), different for each fund, your Exchange has no such a feature.

It's easily man weeks worth of work or more, just to list 5 securities. Are you ready to do that? If so, you will be welcome.

I have sent the isk for the shares VV, thank you and keep up the great work. Everyone I talks to thinks this is an awesome idea and is something you and CCP should be proud of.