World Stock Exchange News
WSE 2.0 HAS ARRIVED!!!
Date: June 06, 2007WSE 2.0 has arrived.
New features include:
GENERAL SITE
- Advanced Interactive Chart and Graph system throughout WseLive.com
- Increased server performance and optimised site functionality.
- CEO's cannot trade without approval. The WSE platform will not allow such trades without admin approval. This will prevent CEO's from rasing money in an IPO and then selling their shares within a short time to then leave Second Life. It's very important that CEO's own shares in the company they manage otherwise there is no leverage for them to remain in Second Life and operating their business for shareholders.
We are not saying that a CEO can't sell their shares to realise a return on their hard work. We are saying that a CEO will now require a submission to the WSE requesting approval of the trades to better protect all stakeholders.
FRONT PAGE
- WSE Market Volume Bar Chart added.
- Market Volume value displayed in Lindens and now includes estimated WICS. WIC$1 = USD$1 (www.wicexchange.com)
- Official Announcements section added.
TRADING ROOM
- Total of companies on the official list added.
- Drop down list containing companies on the official list for adding companies to the Watchlist.
ORDER PAGE
- Last 10 Trades added.
- Open orders set to display top 10 only.
- Sell at Market feature removed to prevent malicious trades, dumps and user errors. Sell at market orders are now the process for selling shares.
IPO/SECONDARY
- Secondary offer feature now available to companies on the WSE.
RESEARCH
- Ability to view Major Shareholder Activity including top 5 shareholders
- Ability to view Past 10 trades by top 10 shareholders (Ability to view which CEO's have been buying or selling shares after IPO within the 90 day period which is a breach of the Listing rules unless granted permission by WSE.)
- Technical Analysis feature containing advanced interactive charts and graphs.
- Share Price Movement Chart, Last 24 Hours | Last 7 Days | Last 30 Days | Last 90 Days
- Share Price Candlestick Chart, Last 7 Days | Last 30 Days | Last 90 Days
- Trading Volume Chart, Last 7 Days | Last 30 Days | Last 90 Days
- Shareholding Pie Chart
(Chart will not display results if no trading has occurred within 24 hours)
PORTFOLIO (To be released within 24 hours)
- Total Interest Paid by OurBank Ltd on Trading Balance added.
- Detailed log of Interest payments by OurBank Ltd in Account Activity.
- Your Dividends Dividend History summarised to Company Name, Date and Total Dividend, Click record for full details on payment.
COMPANY ADMINISTRATION
- Your Companies renamed to Company Administration (Updated within 24 hours)
- Share Buyback feature. (CEO places an at limit buy order and once completed the CEO then enters the amount of shares in the Buyback feature to delete shares from their holding which will reduce total shares outstanding.
- Shareholder List (Share Register) sorted by number of shares owned.
More extremely critical and important features in WSE 2.0 will be released within the next 5 days.
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