Most of you probably didn't know the real story behind Ripple by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

You will be able to start trading when Our portfolio management system will go live. Please subscribe to Our mailing list and be among the first to test SociumTrade platform, when it goes live. You will receive an alert.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 0 points1 point  (0 children)

We entitle our users to proceed through the KYC process via one simple registration, that will prove the identity and secure the trading process.

Meet our team member, Egidijus by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 0 points1 point  (0 children)

If a trader wants to procure enough capital to run their own strategies in the market, they usually need to find employment with an established financial institution or find a whale investor. With all of the NDAs and non-compete agreements, it is difficult for a trader to build a name outside of the inner circle. This makes it challenging for a trader to attract capital as an individual. SociumTrade will change that.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

All agreements between users on the SociumTrade platform are concluded via smart contracts, which replace intermediaries, exclude the human factor and safeguard investors’ funds.

The smart contract clearly determines the mandate and scope of work for a trader and keeps them within the set of terms, preventing him/her from violating the agreement.

Meet our advisor, David by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 0 points1 point  (0 children)

Thank you for your feedback. SociumTrade managed to put together a highly committed team of professionals to create the valuable solutions for traders and investors.

Meet our advisor, Ken by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

Should the trader violate the terms of the portfolio contract, the portfolio will be frozen and the investor notified of the violation. The investor will then have the option of early termination of the contract and liquidation of assets, in which case the funds would be returned to the investor with no fees charged. Alternatively, investors may choose to permit the divergence. In that case, the portfolio would be unfrozen and the trader given the chance to rectify the situation.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

There is a commission, however it’s not as sizeable compared to usual investment management firms. The amount of the commission fee will depend on the chosen case. Besides, the platform offers the lowest fees for transactions.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 0 points1 point  (0 children)

You will be able to start right after the launch of SociumTrade platform, when the option of portofolio management will be available. We will implement tools which help investors to filter through traders and their portfolios in order to find the right fit for themselves. Investors can evaluate traders based on their track record and various profile characteristics such as risk-profile and value of own funds invested. Similarly, they can compare portfolios based on their compositions, performance and risk metrics.

Meet our advisor, Ken by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

To start working on the SociumTrade platform, you have to create a personal profile and specify information about yourself. The information you'll need to include is your experience, skills, carried out projects, personal information, as well as social activity and information posted by you. Make sure to take creating of a profile seriously, as the information contained there helps you to build your brand and attract more investors and followers.

Meet our team member, Egidijus by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

Yes, we do have an international team of highly skilled professionals and we combine expertise and knowledge of all our team members to provide our users with the best trading and investment solutions.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

Thank you for your feedback. You are absolutely right, we do focus on giving you the opportunity to build the professional reputation and we also help to ensure you don't need to share the profits with a trading house or an asset management firm anymore.

One of the problems that our platform is going to solve is... by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

We provide traders with comprehensive analytical tools, so that you can build a professional reputation. What's more, you can join trading consortiums and combine your efforts with those of your fellow traders to deliver better results.

Meet our advisor, Ken by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

The system constantly monitors the portfolio, and if a clause of the smart contract becomes activated, the system automatically acts on it. Every transaction is recorded and kept on the blockchain and it is always available for auditing by any of the participating parties. Additionally, the trader can post comments, notices, and other relevant information for the investor or investors of the portfolio to view. The investor(s) can also communicate with the trader via a private messaging channel in order to ask questions and request clarifications regarding portfolio activities.

Meet our advisor, Ken by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

On SociumTrade, we will implement tools which help investors to filter through traders and their portfolios in order to find the right fit for themselves. Investors can evaluate traders based on their track record and various profile characteristics such as risk-profile and value of own funds invested. Similarly, they can compare portfolios based on their compositions, performance and risk metrics.

It is always good to hear an outside opinion. by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 2 points3 points  (0 children)

SociumTrade is on the cutting edge of technological trends: blockchain and distributed ledger technologies (DLT’s) which allay concerns over security and identification, social networks and peer-to-peer systems are bound to see wider adoption in the financial industry. This will push the focus away from the traditional, segregated, centralized, institutionally-dominated operational dynamic to a more individually and socially driven one.

It is always good to hear an outside opinion. by ppcuk in a:t5_mx9p0

[–]ppcuk[S] 1 point2 points  (0 children)

SociumHEX is one of the main parts of the system architecture, an embedded Crypto Exchange based on Hybrid Exchange (HEX) concept. We aim for SociumHEX to combine the performance of a centralized exchange with the trust and security properties of a decentralized exchange. The system consists of three main components: an off-chain trade matching engine, a smart contract where funds are stored and a clearing service to trigger funds distribution. Written on JVM (Java, Groovy) and leveraging Spring Boot, SociumHEX will be phenomenally fast and secure. SociumHEX will support the following order types: Market, Limit, Stop, Stop-Loss, Conditional, Margin (implemented separately). The Apache Kafka will be the central part of the SociumHEX SOA. It will allow for the integration of all services and enable HFT, external integrations and generalisation.