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Yet another Stock Exchange

Lord Sullivan
DTC at all times :)
Join date: 15 Dec 2005
Posts: 2,870
04-14-2009 02:07
Have the rules changed regarding Stock Exchanges in SL again?

I came across this one today http://ace-exchange.com/ with in world ATM's does this one break the rules as stated here

https://support.secondlife.com/ics/support/security.asp?questionID=4899

or here

https://blogs.secondlife.com/community/features/blog/2008/01/08/new-policy-regarding-in-world-banks

are they going to cut and run like so many others that have been and gone before them?

Anyone got any input on this subject :)
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Novis Dyrssen
Girl Geek
Join date: 6 May 2007
Posts: 1,452
04-14-2009 02:38
Stock Exchange is different than banks - you can supposedly trade your Lindens there, not store them for a profit. That said, I doubt they operate using the RiskApi. One could ask LL if they are sanctioned, though.
_____________________
~~ immortal words of Rob Thomas ~~
Hey-yeah, welcome to the Real World
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Lord Sullivan
DTC at all times :)
Join date: 15 Dec 2005
Posts: 2,870
04-14-2009 03:00
From: Novis Dyrssen
Stock Exchange is different than banks - you can supposedly trade your Lindens there, not store them for a profit. That said, I doubt they operate using the RiskApi. One could ask LL if they are sanctioned, though.


Yep I agree there it seems that some just like to operate in the grey areas :) that being said after the last Stock exchange banks fiascoes i wouldn't risk a cent in these types of operations especially where potentially the only people making money are the ones that set them up, knowing that LL won't pursue them if they end up owing people money. But thats just my personal opinion :)
_____________________
Independent Shopping for Second Life residents from established and new merchants.

http://slapt.me



slapt.me - In-World HQ http://slurl.com/secondlife/Bastet/123/118/26
Novis Dyrssen
Girl Geek
Join date: 6 May 2007
Posts: 1,452
04-14-2009 03:30
We agree on that one then. 'cept that I would never have put a single L$ into one of those even before Gingko. ;)
_____________________
~~ immortal words of Rob Thomas ~~
Hey-yeah, welcome to the Real World
Nobody told you it was gonna be hard