I've noticed that we have a new subforum under lending called securities. I do like the idea of having it there, but it seems to have the wrong things in it.
In a securities subforum of lending, I'd expect to find primarily debt-based securities (bonds, CDOs, CDSes) and requests to borrow or offers to lend other types of securities.
It seems to be the dumping ground of most topics with [GLBSE] in their subject, which doesn't feel right, considering that many of them (shares/perpetuities) are not inherently debt-based.
Was the forum intended to be one level up from lending?
The threads that are there are intended for that forum, the original request was
for a GBLSE subforum which is too narrow in focus, wanted something more encompassing. If the name isn't adequate then what would you suggest?
Based on the definition I found it seems to fit. I am no finance expert though.
A security is generally a fungible, negotiable financial instrument representing financial value. Securities are broadly categorized into:
debt securities (such as banknotes, bonds and debentures),
equity securities, e.g., common stocks; and,
derivative contracts, such as forwards, futures, options and swaps.
Here is the other thread that prompted it. https://bitcointalk.org/index.php?topic=76611.0