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Why is the LindeX not giving correct data?

Jessica Elytis
Goddess
Join date: 7 Oct 2005
Posts: 1,783
09-08-2007 06:32
I go to buy L$ and I'm given an exchange rate of 245-1. I look at the Market Data and the best buy rate is 265-1. What happened to the other 20-1? 0.o

I'll admit I'm an idiot on stock markets, and I expect to be sligthly under the "best" point, but 20 is a bit more than "slightly" imo.

I don't recall it being that skewed before. Did I just miss it being that way, or is this a recent snafu?

~Jessy
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Innes McLeod
Registered User
Join date: 8 Oct 2006
Posts: 190
09-08-2007 06:42
My guess would be the 30 cent fee for each purchase. It really throws off the exchange rate for smaller amonts and is less noticable for larger quantities. I am just guessing here since you did not mention how much you were trying to purchase.
Aleister Montgomery
Minding the gap
Join date: 30 Apr 2006
Posts: 846
09-08-2007 06:42
It's been a while since I bought L$, but it's similar when you sell L$: Sell at 265, and you'll effectively get a rate of 275-1. As far as I know, there's always been a percentage that ends up in LL's pockets, and it doesn't seem to matter how much you sell.
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Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
09-08-2007 06:50
When you buy there is a $0.30 fee added, no matter the size.

When you sell there is a 3.5% fee.

When you see the exchange rate that you will be effectively be getting, these fees are calculated in.
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Jessica Elytis
Goddess
Join date: 7 Oct 2005
Posts: 1,783
09-08-2007 06:57
From: Dnate Mars
When you buy there is a $0.30 fee added, no matter the size.

When you sell there is a 3.5% fee.

When you see the exchange rate that you will be effectively be getting, these fees are calculated in.


Did that value on fees used to be lower?

Or did I just miss it before? Last time I bought L$ the exchange rate was @350-1 (Yeah, it's been awhile lol).

~Jessy
_____________________
When your friend does somethign stupid:
From: Aldo Stern
Dude, you are a true and good friend, and I love you like the brother that my mom claims she never had, but you are in fact acting like a flaming douche on white toast with a side order of dickknob salsa..maybe you should reconsider this course of action and we go find something else to do.
Dnate Mars
Lost
Join date: 27 Jan 2004
Posts: 1,309
09-08-2007 07:18
Nope, those fees have been in the same since the LindeX was introduced. If they were in the price before, I can't tell you.
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