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[Closed] Argonath Stock Market

Leroy_Kolta · 2762

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Offline Leroy_KoltaTopic starter

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on: March 22, 2012, 10:33:13 pm






This stock market is like no other in the state of Argonath, or any of the other previous attempted establishments because it is powered by an advanced algorithm and series of fail-safes engineered in PHP by professional developers. The system is self sufficient using data collected by purchases, volume of shares, and real-time statistics. All purchases are done in real-time and all stock prices are updated by the automated system every 15 minuets.


If your unfamiliar with stock markets IRL, they work on the concept of "trading" stocks with individuals, rather company <> user trade. Of course the start will be users purchasing up corporate stocks then either holding for a while or selling to other individuals for an asking price.
Lets say I own 100 stocks in x company, the current stock price is $12 ARD and I paid $11 ARD, I want to make a bit extra so I contact a broker and inform them I want to sell 50 shares of X company and my asking price is $13 ARD per share. The broker then inserts this data into the system.
Lets continue to say a buyer is interested in x company, and wants to buy. He then contacts a broker and says I want to buy 50 shares of x company.  He can either ask the broker to get current "asking rates" so you can get a quick deal, or he can choose to enter his own bid rate. Lets say he chooses to see the asking rates, the broker will inform him a seller is offering 50 shares in x company for $13 ARD per share. He decides to accept the offer, and the broker inserts the bid price into the system and waits (up to 15 minuets).
Every 15 minuets, the system checks all the bids/asking prices against each other. In the event that their is a match, the first (in queue) will be awarded the deal and is accepted by the system. The new price is determined by an algorithmic math depending on if the price is higher than it is current, and by how much will cause the stock to rise in a linear form, and vise-versa, if the stock is less than current price, and again depending by how
much a formula is ran against it to determine the new stock price.


Going public can be an important choice for a company, this will allow the general public to purchase and own a share of your company which helps you make money for your company. Getting started is easy; simply get the asset value of your company, and how much money in your bank is dedicated to your company.  All legal companies are allowed, as is defined by the Argonath Constitution. You only pay a start up fee, plus the volume of shares to sell out. After this no other fees other than commission fees are deducted or required.

Start up fee: $150,000 ARD
Share fee: $100 per 10 shares(min 500)

After going public and paying required fees, users will be able to buy your shares. This money is directed to you, after all your shares have been purchased, then they are traded among the market. You should keep an eye on these stock prices however, just so you know how things are going.


Deciding to invest in the Argonath Stock market is a brilliant choice a person can make, it can earn you money and help establish wonderful companies that benefit the state of Argonath. While being an investor and shareholder can cost money to get started here are some fees to keep in mind while working with the Argonath Stock Market and it brokerage department.

Minimum Purchase: 50 shares per transaction
Brokerage Fee: 15% of each transaction
Seller: Total Price - 15%
Buyer: Total Price + 15%


All transactions are done in-game via Argonath Stock Market employed and contracted handlers, each transaction is screened and is entered into the Argonath Stock Market system via the handler. The companies, broker and shareholder can also see these transaction records that are connected with their trade with screenshot provided evidence as soon as they are entered.


Corporate bonds are similar to loans, they allow a client to purchase bonds from a company, the company will the make regular payments to these clients to repay the bond.


There are no hidden fees with the use of bonds on the Argonath Stock Market System.


You can sell either, you are not limited or required to select either.


The company will pay back a .60% additional interest to the client.






Offline Beruscolini

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Reply #1 on: March 22, 2012, 11:33:04 pm
Sounds intresting :)



Offline Teddy

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Reply #2 on: March 25, 2012, 03:10:55 am

Important Notice:

Due to a back-end system bug, we will be pulling the system offline for roughly 48 hours to rework some of the features.

Simulation will be disabled to prevent damage to assets.


Regards
Teddy



Offline Leroy_KoltaTopic starter

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Reply #3 on: March 26, 2012, 09:26:57 pm
Argonath Stock Market is back online!

We've added some new features in the downtime!
   Low Bandwidth Mode   
This feature, a new setting in your account is used for users who want to cut down on loading time due to browser, computer or
internet connection problems/ other issues and load times are simply too long. This feature will aggressively moderate which plugins
 are loaded, what features are loading while still not limiting the full capability of the site.

   Loading Time comparisons:     
Normal Avg:    0.345 seconds   
Low Band. Avg:    0.153 seconds     

 New Error System!   
We will slowly be switching over to this new sweet UI error notifier. Rather getting an error like 'register.php?e=2',
the site will redirect you to just 'register.php' yet a nice box will appear in the lower right hand corner with a description of
the error, simply click the 'x' to close this error.
This is not fully added, and some pages may still contain the older error handling system.



Offline Leroy_KoltaTopic starter

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Reply #4 on: April 20, 2012, 10:28:24 pm
We've become aware of some minor bugs,over the next few days we will be slowly
working on these bugs, and working to increase site efficiency.

We will also be adding Corporate bonds to the available services. In addition, we are now making businesses free-to-apply! We are waving the 'opening' fee of 150,000$ and returning the security opening fee to all business that are applicable. Please Contact [WS]Teddy_Collin in-game for more information.

Regards
Argonath Stock Market Development Team
[WS]Mikro, [WS]Teddy, [BGM]Aldo



Offline Teddy

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Reply #5 on: April 30, 2012, 06:12:34 pm

Against everything we have envisioned, we have chosen to add the ability for a user to be able to place a bid on a stock from the site itself, without the direct need of a broker. While a user interested in selling must still contact a broker; we have debated this for a while and determined to best enable the site to expand, and allow the ability for those who are not in the same timezone as our brokers to be able to still use the site.

This isn't the only change we managed to sneak in over the weekend, we have made changes to the tracking system; a user can now see all related transactions on one page, rather each transaction per ID. Here is a list of features updated/bug fixes:
  • Inbox 'ID' bug - users would see a list IDs, rather names. This normally happened when in low-bandwidth mode.
  • Order Now - added the ability to order a stock while viewing its ticker information.
  • F.B.I Dashboard Update - added ability for FBI members to see general logs.
  • Argonath Staff logs - added ability for Argonath administration members to be able to see general logs.
  • Updated staff list - General updates to the javascript for faster loading
  • User Control - added ability for admins to ban a user/IP from the site, or simply suspend for a period of time.
  • Activity tracking - added ability to see what a user is doing on the site at that moment(administration)
  • Dynamic Credits - made credits dynamically update-able.
  • Improved UI - major changes to over all interface, and alerts



Offline Leroy_KoltaTopic starter

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Reply #6 on: May 28, 2012, 03:53:42 am
ATTENTION!
Today it became aware to our host that a credible attack may have taken place against the server, while to what extent, if at all a security breach took place is unaware. However, it is confirm that it was on the same server in which the Argonath Stock Market server operates on.

For Security reasons, we have suspended the Argonath Stock Market pending an official statement from the hosting provider. We are unaware the extend of this attack at this current moment and will choose how to proceed after this statement.

Signed,
Teddy Rosso
Argonath Stock Market Developer



Offline Teddy

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Reply #7 on: May 29, 2012, 11:53:38 pm
Regarding Security Concern:

After an official statement from the hosting company, we have now learned that the growing concern of a possible security breach on the server in which Argonath Stock Market is hosted has been put the rest. We do now know that the attack was unsuccessful and no levels of security have been breached. We can assure that none of your login details, personal information has been compromised.

It is with this in mind, we have taken our own security precautions into mind and we will unsuspend the Argonath Stock Market shortly after we finish a security patch on our staff upload system, as well as investigate some other possible security vulnerabilities and assure these are sealed and handled to ensure maximum security is held on the Argonath Stock Market system.

We are expected to be finished our assessments within the next 12 hours. Any questions or concerns can be directed to my PM's (Teddy). About an hour after the site is resumed, the stock algorithm will be restarted as well. This was frozen to protect damage to the stocks prices.

Signed,
Teddy Rosso
Argonath Stock Market Developer



Offline Leroy_KoltaTopic starter

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Reply #8 on: June 01, 2012, 04:06:10 am
Main post updated, Special Thanks to Rami!



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Reply #9 on: June 01, 2012, 11:50:29 am
New thing we're starting for Argonath Stock Market. A video series, of our developers at work. We've named it "Behind the Project". See the hard work, debugging, and stresses of dealing with and working on the fully operational system as well as the development of new features, as our first episode covers here, in the development of the new Business Sig. Generator. The videos are a montage of the full video, as some projects, updates and modifications are over an hour in length, and in respect to the protection of the source code the videos are not rendered in HD.

Argonath Stock Market - Behind The Project E1



Offline Leroy_KoltaTopic starter

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Reply #10 on: June 05, 2012, 03:53:04 am

Argonath Stock Market

Official Statement



We are glad to announce and congradulate our latest addition to our development team as a trial developer. We welcome to the group TeaM-Hess as a trial developer for Argonath Stock Market! Our Version 2.0 has gone into the planning phase, over the next week you can leave your suggestions for our next version and it'll be built into our development planning and may make its way into Argonath Stock Market 2.0.

Beta applications for Argonath Stock Market are available via PM (form bellow/Account required). All Argoanth Admins+ will get access to ASM beta 2.0, as it will include an "Argonath Administration" section, to detail logs (with respect to our legal bounds) to help over any matter. Also planned are court ranks, ArgoHQ ranks (Managers+).

We'll keep you in the loop and post our progress over the next few weeks, while our work will be done directly to the site; a custom function will allow only beta testers and developers to see it until the full version is released!

Signed,
[WS]Teddy Rosso,
[WS]Mikro,
[BGM]Aldo,
TeaM-Hess,
Argonath Stock Market Development Team




Beta Application - PM to Teddy
Code: [Select]
[center][b]ASM 2.0 Beta Request[/b][/center]
[b]In-game Name:[/b]
[b]Server(s):[/b]
[b]Username:[/b]
(( if Argo admin+ simply note under server(s) tab ))



Offline Teddy

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Reply #11 on: June 07, 2012, 08:00:05 pm
Introducing the latest feature of Argonath Stock Market... Mobile. :) We have gone mobile, with a mobile-browser enabled version and in-development of an Argonath Stock Market for Android phones!

You can access it here: http://m.argonathstockmarket.info

Note: For security reasons, you must enabled mobile access in your account settings, and unlike the full-web browser version, you must be logged into to use the mobile features!

As of right now, there is no "auto" redirect to mobile feature, this will be implemented as soon as the script to do it stops screwing with me :P

Enjoy!



Offline Leroy_KoltaTopic starter

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Reply #12 on: June 11, 2012, 12:44:10 am
The "leaked" ASM 2.0 Development Plan, which begins on Monday!  :cool:

Argonath Stock Market 2.0
T: Hess, Aldo, Mikro
Regarding: Development Planning

New Features:
   Custom Alerts - Allow users to create custom stock alerts based on time or price changes. The alert can be sent to Mobile, Email or ASM site notification.
   Search the Market - Allow a user to search the market and return all businesses, users, and more simply and quickly!
   Live-Rate Image Generator - Create an image, or merge with a signature to create an awesome image using our system to be used on the forums! This feature is currently in beta as a 1.0 system, but will not be released until 2.0.
   Video-Platform - View ASM's Behind the project right from our site in the new Behind The Project section of the site.
      
New Access:
   Mobile (Browsers) - Login to ASM Mobile and see top rates, the latest and your shares anywhere in the world!
   Mobile (Android) - Make trades, find brokers, update settings in a flash from anywhere with the ASM for Andriod App.
   API - removed from public release.
   
Changes:
   1:6 Account System - This will allow 1 user to support all 6 servers effectively, rather than 1 rank per global account. Each account will have a unique rank for each server allowing more from each account!
   Advanced Review Portfilo - See in depth stats about a investor in real-time from their portfolio, the most advanced part of the new 2.0!
   Renewed Calendar System - This new Calendar system will bring many new abilties to the Calendar, and allow simple, easy updates!
   Renewed Inbox/PM system - This new system will be AJAX supported, meaning in 100% real-time!
   reFaced Notifications - This updated feature will include stylish new notifications (slowy becoming visible to all users).
   
Security:
   Encypted Emails - This will encypt emails in our accounts database.
   API authorization - In order to use the API outside of ASM servers, the API must be enabled on your account.
   Mobile Authorization - In order to use Mobile features, it must be enabled on your account. (Includes Browsers/Android)

Development Assignments
Bug Management: Aldo
API Management: Teddy
Algorithms/Other Math Crap: Mikro
2.0 Feature Development: Teddy & Hess
Database Upgrades: Aldo
API Feature Development: Teddy
Mobile Development: Teddy & Reece

Meetings: Every Monday, time varries due to Aussie.

Beta Testers:
Leroy Kolta (ID: 4)
Reece (ID: 6)
Paco (ID: 21)
Jenn (ID: 45)
statuz (ID: 53)
 - 2 Slots left



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Reply #13 on: June 11, 2012, 02:25:03 am
The past 12 hours a special script has been constructed to review each account, and tables, row by row to ensure the database cross-over is going to be no issue; it is currently running right now (and lagging my browser to hell), after it finishes reviewing it'll prepare the system for the database cross-over and start changing the tables and columns to the new format. To prevent data loss, or accidents the system will be 100% non-accessible during this time. In addition a test of our new email encryption system will be conducted on our beta-users accounts only. If it is deemed a success, this script will be executed on all the accounts, as well as all new accounts.

An email confirmation, and legal notice will be sent out, as this upgrade is to comply with new personal-information protection requirements. It is important that with in the next 12 hours if possible you ensure we have the latest and most current email on our system. In 16 hours, the script will be expected to be executed on the full accounts table. These emails will be expected at various times, the script will only update 1 email every 10 seconds to prevent an overload, thus your email can be expected at any given time tomorrow, if you do not get an email please alert us immediately.   

In this update, the system will also alert you when you Login to Argonath Stock Market if your account has had a failed-login attempt since your last Login, this option can eventually be disabled in the account settings and will alternatively be able to alert you via email in the coming weeks. As this is a 2.0 feature initially, we feel its an important security procedure to implement immediately.

Thank you again for taking your interest in the Argonath Stock Market and we hope to report good news tomorrow and that we can officially being Argonath Stock Market 2.0 development.

Regards,
Argonath Stock Market
Development Team


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Offline Teddy

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Reply #14 on: June 17, 2012, 08:23:18 pm
Argonath Stock Market will be offline whilst we transfer to our new home.

ASM Home will be located @ http://asm.argonathrpg.com/
ASM Mobile will be located @ http://asm.argonathrpg.com/mobile
ASM Android will be located @ http://asm.argonathrpg.com/android

The old url: www.argonathstockmarket.info will be directed to our new homepage.

Thanks to Ronnel for the new hosting services and see you back shortly!

Regards,
Argonath Stock Market Team
[WS]Teddy,
[WS]Mikro,
[BGM]Aldo,
TeaM_Hess




 


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