Centralized trading system

Centralized Market.

DEFINITION of 'Centralized Market'

A financial market structure that consists of having all orders routed to one central exchange with no other competing market. The quoted prices of the various securities listed on the exchange represent the only price that is available to investors seeking to buy or sell the specific asset.

BREAKING DOWN 'Centralized Market'

The New York Stock Exchange is considered a centralized market because orders are routed to the exchange and are then matched with an offsetting order. On the other hand, the foreign exchange market is not deemed to be centralized because there is no one location where currencies are traded and it is possible for traders to find competing rates from various dealers from around the world.

Decentralized Market.

DEFINITION of 'Decentralized Market'

A market structure that consists of a network of various technical devices that enable investors to create a marketplace without a centralized location. In a decentralized market, technology provides investors with access to various bids/ask prices and makes it possible for them to deal directly with other investors/dealers rather than with a given exchange.

BREAKING DOWN 'Decentralized Market'

The foreign exchange market is an example of a decentralized market because there is no one physical location where investors go to buy or sell currencies. Forex traders can use the internet to check the quotes of various currency pairs from different dealers from around the world.

Tamriel Marketplace – Centralized ESO Trading.

This topic by TMAuctioneer contains 5 posts by 3 members, and was last updated by TMAuctioneer, 2 years, 5 months ago.

2 years, 5 months ago.

Good morning fellow adventurers,

I’d like to take a moment to share with you a new “fansite” that’s ready to open. It’s called Tamriel Marketplace, and as the name implies it is an area dedicated to trade. Now, I’m sure some of you are thinking that we already have other small community-specific trading spots. That’s true, and maybe no one will use TM, but the option for a centralized trading system is now here.

Tamriel Marketplace is an auction system open to players from all platforms. The original coding of the auction system has been modified with ESO in mind, as well as a streamlined design theme that is 99% mobile-compatible. You will find one or two pages that required side scrolling unless you turn your phone to landscape orientation, and then everything works.

* Standard Bid Auctions.

* Bid or Buy It Now Auctions.

* Buy It Now Only Auctions.

* Item Images Supported.

* Sort By Item Category.

* Search By Country/Server.

* Basic Private Messaging System.

* New Item Notifications (by keywords that you set in your profile)

* Bidder Privacy (only the seller knows who buys an item)

I’ve set up an imgur album with some screenshots of the basic areas, showing the registration page which requires you to select your Country/Platform/Alliance, as well as the various sections of the page where you submit an item, and what the item page looks like.

There is no option on the site for real money trading, and it is not encouraged nor allowed by the staff. If any complaints are made on the basis of RMT that have credible indications of a violation, the offending user will be banned.

If you have any questions, you can comment here or send an e-mail to [ protected] !

The official ESO forum really needs a trade section, or they need to add a trade tab to the chat box. Good luck with your site. I created an ESO trade site and forum several months ago, advertised it like crazy on the official forum, and it rarely got used and hasn’t been used since.

Total Posts: 564.

I’m curious, how can someone trade in game items on a website not associated with the game? I would be very happy if we could have a central auction, but I don’t want it to be outside of the game.

“It is better to aim at perfection and miss it than to aim at imperfection and hit it.”-Thomas J. Watson Sr., the first president of IBM.

I’m curious, how can someone trade in game items on a website not associated with the game? I would be very happy if we could have a central auction, but I don’t want it to be outside of the game.

It’s easy. My site has NA and EU sections. Simply post an ad in the appropriate section, list the item(s) you are wanting to sell (or are looking for), along with the price and your user name/character name. If someone is interested in that item, or has the item that you are looking for, simply get the other person’s user name or character name and set up a time and date to meet up in-game to trade or send it to them in an in-game e-mail.

I’d like to have a central auction house in-game, but that’s not going to happen. Apparently, Zenimax thinks it’s “fun and immersive” to have to travel between 20 zones and 100 guild traders just to maybe find a certain item that you are looking for.

I’m curious, how can someone trade in game items on a website not associated with the game? I would be very happy if we could have a central auction, but I don’t want it to be outside of the game.

Like dharbert said, currently the only way to support it is to agree upon a time to meet in-game or use the mail system. TM has it set up so you can choose which delivery options you will utilize, as well as a way to mark an item paid for in your user account to keep track of them. Zenimax doesn’t seem to be willing to put a global economy in the game, so unless people are willing to participate in a community-run economy outside the game it will never exist.

I’m curious, how can someone trade in game items on a website not associated with the game? I would be very happy if we could have a central auction, but I don’t want it to be outside of the game.

It’s easy. My site has NA and EU sections. Simply post an ad in the appropriate section, list the item(s) you are wanting to sell (or are looking for), along with the price and your user name/character name. If someone is interested in that item, or has the item that you are looking for, simply get the other person’s user name or character name and set up a time and date to meet up in-game to trade or send it to them in an in-game e-mail.

I’d like to have a central auction house in-game, but that’s not going to happen. Apparently, Zenimax thinks it’s “fun and immersive” to have to travel between 20 zones and 100 guild traders just to maybe find a certain item that you are looking for.

I seen your other post about how you tried it before, and I did notice there were a couple sites that existed at one time but were no longer in use. It doesn’t work unless people are using it, unfortunately. I set up Tamriel Marketplace as just a basic auction/buy-it system for now, but I have the capability to integrate some other great features if people actually use it. I’ve already planned out options for a “make an offer” type selling, a “looking to buy” section, and a way to track sales to give market snapshots and price history. It’s a lot of work to implement all of that, though, and if people aren’t going to use it I have other (paying) projects to work on.

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