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March 2010
EUR » USD 1.39 | 1.36 monthly quotes
gold 1083 | 1117.500 platinum 1501.300 | 1542.100 silver 16.183 | 16.465 palladium 416.500 | 436.500

Stockmarket firstling

trainexstock.ru

The epoch when bulls and bears moved on Internet had been passed long time ago but despite rapid development of technologies, the scheme of stockmarket currency trade having settled on computer platform remained there having buried itself in dead end wall built from the bricks in the form of currency pairs that have set the teeth on edge to the Forex traders. A big volatility of currency rates that became more frequent last days attracts to Forex less and less people and as a result nowadays the majority of users see the real currency only as a settlement tool. But with the appearance of electronic currency even cashless money that were on some bank account begin to cause more and more inconveniences due to the difficulties of transactions.

But the paradox is that from economical point of view stockmarket is not a place where people can earn some money but the results of economy’s entrance into a definite stage of development. And as the foundation of virtual economy is represented with electrical payment systems – issuer of electronic currencies, the appearance of instrument for free exchange of different types of these currencies among the users – was that stage where sooner or later that part of humanity that solves a whole set of tasks and problems by using only forefinger and third finger to operate the mouse should enter.

Once stock market bell had rang in XIII in Italy then Peter I had brought it from Holland to Russia and now we are opening currency trade site in virtual space. Service of Trainex Stock having created the precedent in the history of world Internet in the field of brokerage of electrical currency now organizes the process of stockmarket trade among the users upon their own initiative. The tool box of service is a simple functional based on the following algorithm:

- Posting of inquiry for sale and purchase of currency by the user;

- After having found compromise on the price among the applicants who posted their positions occurs automatic exchange where Trainex Stock acting as broker performs sale and purchase of currency in accordance with the submitted inquiries.

At exchange the funds of both users move via Trainex accounts and owing to it Trainex Stock being a third party – broker acts as a guarantor of transaction reliability.

Currencies

The service at startup is based on multicurrency system that provides the users with opportunity to post the positions on sale and purchase of electronic currencies, such as Webmoney, Fethard, and Blocked Fethhard.

Tasks of Trainex Stock

Brokerage in respect to Fethard, Webmoney and blocked Fethard currencies was designed to provide web-masters all over the world with new opportunities of business conduction and old ones that had showed themselves. So, for example it is widely known that a number of companies provide hosting or render services on sell/lease domains and servers with accepting blocked Fethard as a payment tool. The famous websites www.esthost.com and www.estdomains.com allure and attract the attention of the owners of blocked Fethard and everybody who want to buy this currency.

The user who doubts the liquidity of, for example, blocked Fethard can also easily post the position on sale of this currency for e.g., Webmoney at profitable market rate. We’re sure that Trainex Stock will form the market and its laws itself by objectively reflecting the real market value of electronic currency in respect to each other. Before the appearance of our service the e-currency market conditions were determined only upon circumstantial signs such as comparison of money rests in the exchangers of the whole world. But now we have a market tool to determine the value and liquidity of electronic currency and we’re proud that Trainex is a pioneer in this field!

Sale and purchase

While building of e-currency stock market functional specialists and analysts of Trainex came to conclusion that the ideal trade platform would be that one where everyone could conduct all the necessary transactions. We achieved that result on Trainex Stock by having simplified the interface and providing all the clients with round-the-clock support service.

To conduct the transaction on purchase and sale of currency the user just needs to specify the amount of its currency to be changed for another amount in another currency. Starting from it at the positioning on stock market the one should calculate cross-rate which is equal to ratio of selling and buying currencies.

After having posted position on currency sale and purchase this client inquiry waits for release of contractor’s cross-rate, which will cross with the cross rate of your position. At detection of reverse coincidence of cross-rates (to divide 1 by your cross-rate) the deal passes to the final stage where Trainex Stock being a third party – broker remits money from one user’s account to another user’s account in accordance with the conditions of the posted positions. As soon as the currency you wished to buy enters your account the deal is deemed successful and your position closes.

Depositing and withdrawal of bunds on stockmarket

To deposit e-currency to your balance in Trainex Stock it’s necessary to specify in program your account\wallet in payment system to which your currency relates to.

Depositing commission: Blocked Fethard- 5%
Fethard- 0%
Webmoney- 0%

Withdrawal

For withdrawal of electronic currency from your balance it is necessary to specify account\wallet in payment system – issuer of this currency to which the amount specified by you will be remitted.

Withdrawal fee: Blocked Fethard- 0%
Fethard- 2,5%
Webmoney- 2,5%

Having developed Trainex Stock we wanted to prove that any electronic currency can be liquid. Internet and virtual economy are developing so swiftly that today we can see a great number of professionals co-existing in digital sphere who can run the business in internet. But as in any organization there is not only necessity to control its company but also to keep financial management which is highly in need of infrastructure. Having created Trainex exchange service several years ago we took the first step for appearance of system supporting business activity in Internet. But the time showed that society needs currency control instrument and that’s why Trainex Stock operates in Internet as in fact stock market experience of the whole world made it clear that money can successfully make more money!


Artur Salnikov, Chief Editor of «Trainex Journal»


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