Will the 'Stock Exchange' ever happen

[Kosh]

We need a Commodity Exchange..
Selling 1 month "put" option on lyst 104% @boxes

[DeeDee]

I really hope they don't implement it until there is a structure behind it with working companies, board of directors, annual board meetings, budgets, costs and losses for companies, criteria for bankrupcies etc.

A share should have a connection to something real, part ownership of a running company. When we had a stock exchange before it was totally pointless as the shares had no connection to anything.

[AJack10600]

Not sure a real stock market is feasible ... how would it work ? Randomly ? Then it would be gambling... based on commodities? no point you can just buy the items in auction... unless you introduce derivs like Kosh suggested, options or futures on commodities (that would be a lough... go for it! I know a few people who would be bussy all day doing margin trading rofl)
Do it based on companies ? What companies, the banks ? That only works if they pay a return to shareholders... why else would I buy a share in a bank... no point... I don't see at this stage how MA could implement a real working stock market ... prove me wrong

[Thorn]

Maybe they should let you invest in the actual stock market with ped. Er..nevermind....I better stop with the late night angelic dust binges.

[turk1077]

Originally Posted by Kosh

We need a Commodity Exchange..
Selling 1 month "put" option on lyst 104% @boxes

that actually isn't a bad idea in my book.

I also wish there was a way to short sell items in game.

[aridash]

Originally Posted by Faustian

It worked at one point. Everyone who had money in it was given 2x return back when it was closed.

how did it actually work then? what did you trade in?

for me the obvious problem with a stock market is that there is no stock to trade. no businesses, no operations, nothing really that could be a stock. If its meant to be for commities then i can see some limited scope for trading futures, but this would require some back systems ie contracts to tie in each party.

a random generating stock market simulation would clearly be akin to gambling and naughty in sweden. but then if MA list on LSE that wouldnt necessarily be an issue any more (we love gambling in the UK )

[Kosh]

Originally Posted by turk1077

that actually isn't a bad idea in my book.

I also wish there was a way to short sell items in game.

It could be nice, but I imagine there wouldn't be very high liquidity resulting in an inefficient market and nice margins to to take advantage of. That will just give the regular auction hawks and speculators a method for easy profit.

[turk1077]

Originally Posted by Kosh

It could be nice, but I imagine there wouldn't be very high liquidity resulting in an inefficient market and nice margins to to take advantage of. That will just give the regular auction hawks and speculators a method for easy profit.

I agree it wouldn't work, but I would love it if it did.

[Bernz]

Originally Posted by AJack10600

Do it based on companies ? What companies, the banks ? That only works if they pay a return to shareholders... why else would I buy a share in a bank...

There is many companies in Entropia.
Banks, Shops, Malls, Lands & Hangars are all business who can pay return to shareholders.

Depend of how the business are lead, the quotes could go up or down.

[Alexis Starfire]

My indication was it was going to be a bunch of 'imaginary' companies in the futuristic EU flavour. Then player bought shares and watched the market for it to go up or down mostly randomly. Nothing as complex as margin buying or short selling.

Or maybe something like "Acme Ammo" where the stock price changed according to ammo sales.

Whatever
(sarcastic) Hey, I heard Duke Nuke'em 3D II would be out soon! (/sarcastic)