The Small Commonwealth Exchange (SCX)
Posted: Mon May 17, 2010 9:18 am
The Very Big Novatainian Corporation, in association with the Small Commonwealth Bank, are pleased to present, for your financial enjoyment, the
The Small Commonwealth Exchange (SCX) is a micronational stock exchange which combines the best elements of simulated and real trading to provide the best possible micronational stock trading experience, as well as encouraging the development of companies across Micras.
Connected to the Small Commonwealth Bank, traders on the SCX trade in SCUE Currency to gain SCX credits, which they can then use on the SCX. Stocks can be bought and sold from the exchange at any hour of the day or night - so you can trade any time and always find someone to sell out to. Real traders can also offer their stocks for sale at a price they set; and others can buy this automatically. If someone has the stock you want, you can also make a request to purchase it off them, and the system will relay that too them.
The SCX features three exchanges, and over 50 companies already trade on it. The FIEX and ASTEX contain real companies from Nelaga and Shireroth, including such favourites as JASO and BGI. Though the actions of these real companies will be reflected in their stock price; buying stocks for them on the SCX does not give you any ownership or privileges in the outside company. By contrast, the NSX contains a number of simulated companies corresponding to resources on the MCS resource map; anyone can develop them, become CEO, take others over - all the fun of real world finance.
Currently, prices update whenever a trade is made (based on the amount traded); and weekly, taking into account the GDP of the nation the company is based in, any development the company has done that week, a random variation and a special factor based on that exchange. This means that you can do your market research and know which companies are going to go up and which are going to go down by looking at GDP data as well as the company's behaviour outside the SCX. Updates based on GDP and a random factor happen daily; and the SCX is always releasing new features requested by their traders. A weekly update on world finances is also published by the Apollo Aurora, which has excellent updates of all the excitement on the SCX.
The SCX is not limited to the current companies and exchanges - other companies and nations are invited to float on the SCX - take advantage of the work you're already doing on your company to boost your SCX portfolio, with no need to worry about losing control of your company.
Features:
- Buy and Sell with the simulated traders any hour of the day or night – where you want, when you want.
- Browse the bargains other real traders have up for offer and buy stocks directly off them.
- If you don’t like their offers, or they’re holding the last stocks in the company you want to take over, make a request for their stock that’ll be automatically delivered by the system.
- Do your market research and be rewarded as price movements take the real behaviour of the company into account, as well as the GDP of its home nation.
- Separate exchanges for different countries and with different special features.
- Trade in your excess SCUE currency for SCX credits and buy up big!
- Trade out your SCX credits for SCUE currency and make a profit!
- Become the CEO of companies and take others over, building up a vast commercial empire.
- And much much more!
The SCX is not in competition with the SC Bank Stock Market - they cater to different needs. The SCX has regular transactions and updates, but does not sell any ownership or capital to the companies on it; in contrast with the SC Bank Stock Market, which provides the option for companies to sell their ownership and raise capital, but has only irregular transactions.
The Small Commonwealth Exchange (SCX) is a micronational stock exchange which combines the best elements of simulated and real trading to provide the best possible micronational stock trading experience, as well as encouraging the development of companies across Micras.
Connected to the Small Commonwealth Bank, traders on the SCX trade in SCUE Currency to gain SCX credits, which they can then use on the SCX. Stocks can be bought and sold from the exchange at any hour of the day or night - so you can trade any time and always find someone to sell out to. Real traders can also offer their stocks for sale at a price they set; and others can buy this automatically. If someone has the stock you want, you can also make a request to purchase it off them, and the system will relay that too them.
The SCX features three exchanges, and over 50 companies already trade on it. The FIEX and ASTEX contain real companies from Nelaga and Shireroth, including such favourites as JASO and BGI. Though the actions of these real companies will be reflected in their stock price; buying stocks for them on the SCX does not give you any ownership or privileges in the outside company. By contrast, the NSX contains a number of simulated companies corresponding to resources on the MCS resource map; anyone can develop them, become CEO, take others over - all the fun of real world finance.
Currently, prices update whenever a trade is made (based on the amount traded); and weekly, taking into account the GDP of the nation the company is based in, any development the company has done that week, a random variation and a special factor based on that exchange. This means that you can do your market research and know which companies are going to go up and which are going to go down by looking at GDP data as well as the company's behaviour outside the SCX. Updates based on GDP and a random factor happen daily; and the SCX is always releasing new features requested by their traders. A weekly update on world finances is also published by the Apollo Aurora, which has excellent updates of all the excitement on the SCX.
The SCX is not limited to the current companies and exchanges - other companies and nations are invited to float on the SCX - take advantage of the work you're already doing on your company to boost your SCX portfolio, with no need to worry about losing control of your company.
Features:
- Buy and Sell with the simulated traders any hour of the day or night – where you want, when you want.
- Browse the bargains other real traders have up for offer and buy stocks directly off them.
- If you don’t like their offers, or they’re holding the last stocks in the company you want to take over, make a request for their stock that’ll be automatically delivered by the system.
- Do your market research and be rewarded as price movements take the real behaviour of the company into account, as well as the GDP of its home nation.
- Separate exchanges for different countries and with different special features.
- Trade in your excess SCUE currency for SCX credits and buy up big!
- Trade out your SCX credits for SCUE currency and make a profit!
- Become the CEO of companies and take others over, building up a vast commercial empire.
- And much much more!
The SCX is not in competition with the SC Bank Stock Market - they cater to different needs. The SCX has regular transactions and updates, but does not sell any ownership or capital to the companies on it; in contrast with the SC Bank Stock Market, which provides the option for companies to sell their ownership and raise capital, but has only irregular transactions.