I don't think that dbourse is safe from fraud in any way, just because their system is a better solution. I am not even convinced it is a better solution. Certainly it is not in any way technically better.
I think the trading platform of Dbourse is not better than nyse.
regarding the "platform", like the web interface, it's not even a sensible question.
There is no "web interface" to Nasdaq or Nyse. The only way to get on the island is if you are a professional brokerage, in the scene, and then your computers peer up and connect in some direct way,on an intranet.
The only way a civillian can buy or sell shares on Nsadaq or Nyse is VIA A BROKER.
You cant rock up to nyse's web site and see what's going on inside the nyse db! (Most big blocks are sold in the pit anyway, for still manual-element exchanges.)
It's a meaningless comparision - here's analogy:
Let's say there was a new car yard called "Steve's Car Yard" and someone said "the sales experience of Steve's Car Yard is such and such compared to the sales experience of General Motors".
There is no "sales experience" of general motors, they only sell wholesale to dealers, and then you have the sales experience of dealers who carry GM cars.
Same price orders are handled on a first come first serve base on every major stock exchange in the world.
Sorry ?
I don't see anything like that on DBourse, at least I don't see any date/time stamp with the outstanding orders.
I don't think you're familiar with how stock exchanges (Nyse, etc) work?
Or you've forgotten or are talking in analogy or something?
When you're ACTUALLY trading stock (ie -- you are a market maker working for a large brokerage that is a member of Nyse etc) you use what looks like what some civillians call a "level 1" screen and you see all the stock blocks for sale. (Indeed, you can see who is selling them, which other brokerage company is unloading the block). You (or your computer) picks one and buys it. Usually (not always) you pick the cheapest one. Usually there's many for sale at the one price, and you pick one. The system doesn't decide which one you pick, you pick one.
(Regarding suckers, I mean civillians, buying and selling stock: That has nothing to do with Nasdaq or Nyse, you are buying from some particular market maker - broker. the interface you see when you log in to etrade to trade is sort of a "proxy" in a way of the "actual" nasdaq/nyse etc, um, computer interface. If you're a "day trader" and you use one of the day trading oriented platforms (usually a PC application, nothing to do with the web FWIW), that is a more "direct proxy" to what the actual level one data looks like, vioa your broker, then you are "sort of" trading like a real member of the exchange. (in practice your orders are executed, if they are able to, by the broker you are using for your day trading- hit that Big Button!)
The concept "Same price orders are handled on a first come first serve base" has nothing at all to do with any stock market computer system I know of? Even WITH IN YOUR BROKERAGE (if you're a civilian sitting at home dabbling, 70% of your orders are just filled WITHIN that brokerage's internal "stock" of stock, and has nothing to do with the brokerage, they certainly don't offer any sort of guarantees like that, the volume is too big, the systems just do the best they can. It's inconceivable that as a civillian trader you are anywhere close to the "actual" action of market makers buying and selling blocks (and as I explain above, that has nothing to do with 'first come" or whatever -- you yourself choose the block you wish to take out from the list sitting there. as a common matter they fuck with their buddies they do or dont like by taking or not taking out blocks)
It's true that the nasdaq is somewhat more closer to being "a market" than nyse, that was their selling point, but not much.
Again you can't really compare the two: when you buy nyse stocks you dont buy them 'from nyse", it has nothing to do with that. Thats why they are called "brokers" ! The guys who did the datek / island ECN were moving the system more towards "open trading", and there are always little political moves at daq/nyse to move towards more "open" trading
In contrast DBourse is nothihng more than a sort of an etrade - really its nothing more than a classified ad system where you can post shares for sale or put up money to bid on shares.
Funnily enough, I just heard an ad on TV for something called "the archipelaegio" (??) which is some sort of "new stock exchange" that claims to be "open"
I would rather call Dbourse a 'game' at this stage. People will put some of their gambling money in it , not more.
lol -- it's Danny, the man with no agenda :)
Back on planet Earth, the fact that, let's have a look, 26 kilograms of gold (for gods sake) has been invested is a singular, milestone achievment within the Gold Universe
Looking at the trades, numerous parties have bought 5, 10 or 20 shares - hardly "fun money".
(If you're point is just that the IG universe overall is pretty trivial - sure.)
I think any comparison between Dbourse and nyse is pretty meaningless at this stage.
Quite.
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