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Offline eagleeye

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Market Pegged Assets - Shenzhen and Shanghai Stock Exchange Composite Indexes

First shout out to the props of Monsterer for his work on this, without him this would not be done.

We need 51 delegates, please talk to any of your 101 delegate friends to approve this asset.

You will be able to trade the Shenzhen and Shanghai stock exchange composite indexes found here on the Bitshares Decentralized Exchange Platform ticker symbols SHENZHEN and SHANGHAI.

http://www.bitsharesblocks.com/asset/info?asset=SHENZHEN
http://www.bitsharesblocks.com/asset/info?asset=SHANGHAI

These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

Please approve this so we can start getting the volume up.

We need bots, we need market markers, we need traders, we need investors.  Be one of them and welcome to the Stock Boom.

Also if anyone wants to get the NYSE, LSE, NASDAQ up, im all for it.

Offline proctologic

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Offline monsterer

These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!
« Last Edit: May 29, 2015, 09:19:50 PM by monsterer »
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Offline eagleeye

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These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!

Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said.  This bounty will be denominated in bitcoin but you can trade it into bts.

Offline bitmarket

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This really is a great idea.
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Offline eagleeye

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These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!

Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said.  This bounty will be denominated in bitcoin but you can trade it into bts.

Add 2k to that on me.

Thank you BitcoinJesus 2.0, your graphic in the other thread rocks!

Offline jsidhu

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Please amend the feed script and I will update my delegate asap. If you need help I can take a look at the script.
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delegate: dev.sidhujag

Offline eagleeye

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Im now paying $100 USD from Paypal (not using bitshares or bitcoin) for this bounty.

BitcoinJesus2.0 has said he'll give 2000 BTS.

So $100 USD if you use it to buy bitshares will be 14000 BTS + the 2000 BTS from Jesus

Offline Permie

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Community action at work!

How much of an advantage is the fact that MPAs will be able to trade 24/7?
I'm thinking we could get a lot of liquidity at the weekends.
Do any other stock indexes continue to trade at the weekend?
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Offline eagleeye

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Community action at work!

How much of an advantage is the fact that MPAs will be able to trade 24/7?
I'm thinking we could get a lot of liquidity at the weekends.
Do any other stock indexes continue to trade at the weekend?

The futures market in the United States starts trading on Sunday afternoon.

Because our transaction fees are so low, we could dethrone the equity markets.


Offline fuzzy

Definitely HUGE potential here.
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Offline bytemaster

Wait for BitAssets 2.0 and then back these by BitCNY rather than BTS.    Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.
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Offline eagleeye

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Wait for BitAssets 2.0 and then back these by BitCNY rather than BTS.    Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.

How long till BitAssets 2.0?  If we lose these markets we are done for.

In 1 week we outperformed the SSE Composite over a year.

If it takes another month to get the bitAssets 2.0 we could have already generated 200 million in index assets.


Offline BunkerChain Labs

paging delegate btstools.digitalgaia to modify the feed script to include these markets.  +5%

If anybody should get feeds done it should be him.
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