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LindeX volume bug?

Svar Beckersted
Registered User
Join date: 14 Apr 2006
Posts: 783
07-31-2006 22:20
At 9pm SLT the total volume sold on the LindeX was 15,214,638. 1 hour later that number grew to 17,324,529 which is an incredible amount of L$ to trade in a single hour without drastically affecting the total volume of L$ offered for sale from L$250/1 and above. The 9 pm SLT volume of L$ for sale at L$250/1 and above was 13,722,717 by 10 pm SLT that number was 13,589,638. Unless someone just happened to sell 1.5 million L$ at the same time someone bought the same amount there is an accounting error accumlation on the LindeX volume number similar to the logged in residents when the number grew to 9612 on Saturday night.
Lawrence Linden
Linden Lab Developer
Join date: 25 Jun 2005
Posts: 235
08-01-2006 11:54
From: Svar Beckersted
At 9pm SLT the total volume sold on the LindeX was 15,214,638. 1 hour later that number grew to 17,324,529 which is an incredible amount of L$ to trade in a single hour without drastically affecting the total volume of L$ offered for sale from L$250/1 and above. The 9 pm SLT volume of L$ for sale at L$250/1 and above was 13,722,717 by 10 pm SLT that number was 13,589,638. Unless someone just happened to sell 1.5 million L$ at the same time someone bought the same amount there is an accounting error accumlation on the LindeX volume number similar to the logged in residents when the number grew to 9612 on Saturday night.


I audited the LindeX transactions this morning and all appears to be fine. The volume numbers are correct.

Last night Supply Linden posted a limit sell order for L$1,500,000 at L$300/US1.00 behind about L$2,000,000 in existing sell orders, nearly all of that has sold through at this point. That data should start to appear on the Economic Statistics page later today, and by tomorrow's reporting run should reflect just about the entire order.

The market buy activity last night approximately matched the new limit sell orders, and thus the amount of L$ on the market stayed relatively constant. I'm happy to discuss our L$ transactions, but I'm not going to go into detail about what others are doing, so I'm not going into any detail about last night's market buy orders.

Cheers,
Lawrence
Lawrence Linden
Linden Lab Developer
Join date: 25 Jun 2005
Posts: 235
08-01-2006 17:20
The Economic Statistics page has now been updated.

Cheers,
Lawrence