Argonath Stock Market V3 - 3 days

[Teddy]

This stock market is like no other in the state of Argonath, or any of the other previous attempted establishments because it is powered by an advanced algorithm and series of fail-safes engineered in PHP by professional developers. The system is self sufficient using data collected by purchases, volume of shares, and real-time statistics. All purchases are done in real-time and all stock prices are updated by the automated system every 15 minuets.


If your unfamiliar with stock markets IRL, they work on the concept of "trading" stocks with individuals, rather company <> user trade. Of course the start will be users purchasing up corporate stocks then either holding for a while or selling to other individuals for an asking price.
Lets say I own 100 stocks in x company, the current stock price is $12 ARD and I paid $11 ARD, I want to make a bit extra so I contact a broker and inform them I want to sell 50 shares of X company and my asking price is $13 ARD per share. The broker then inserts this data into the system.
Lets continue to say a buyer is interested in x company, and wants to buy. He then contacts a broker and says I want to buy 50 shares of x company.  He can either ask the broker to get current "asking rates" so you can get a quick deal, or he can choose to enter his own bid rate. Lets say he chooses to see the asking rates, the broker will inform him a seller is offering 50 shares in x company for $13 ARD per share. He decides to accept the offer, and the broker inserts the bid price into the system and waits (up to 15 minuets).
Every 15 minuets, the system checks all the bids/asking prices against each other. In the event that their is a match, the first (in queue) will be awarded the deal and is accepted by the system. The new price is determined by an algorithmic math depending on if the price is higher than it is current, and by how much will cause the stock to rise in a linear form, and vise-versa, if the stock is less than current price, and again depending by how
much a formula is ran against it to determine the new stock price.


Going public can be an important choice for a company, this will allow the general public to purchase and own a share of your company which helps you make money for your company. Getting started is easy; simply get the asset value of your company, and how much money in your bank is dedicated to your company.  All legal companies are allowed, as is defined by the Argonath Constitution. You only pay a start up fee, plus the volume of shares to sell out. After this no other fees other than commission fees are deducted or required.

Start up fee: $150,000 ARD
Share fee: $100 per 10 shares(min 500)

After going public and paying required fees, users will be able to buy your shares. This money is directed to you, after all your shares have been purchased, then they are traded among the market. You should keep an eye on these stock prices however, just so you know how things are going.


Deciding to invest in the Argonath Stock market is a brilliant choice a person can make, it can earn you money and help establish wonderful companies that benefit the state of Argonath. While being an investor and shareholder can cost money to get started here are some fees to keep in mind while working with the Argonath Stock Market and it brokerage department.

Minimum Purchase: 50 shares per transaction
Brokerage Fee: 15% of each transaction
Seller: Total Price - 15%
Buyer: Total Price + 15%


All transactions are done in-game via Argonath Stock Market employed and contracted handlers, each transaction is screened and is entered into the Argonath Stock Market system via the handler. The companies, broker and shareholder can also see these transaction records that are connected with their trade with screenshot provided evidence as soon as they are entered.


Corporate bonds are similar to loans, they allow a client to purchase bonds from a company, the company will the make regular payments to these clients to repay the bond.


There are no hidden fees with the use of bonds on the Argonath Stock Market System.


You can sell either, you are not limited or required to select either.


The company will pay back a .60% additional interest to the client.

[Rick.]

Ok. Sounds interesting.

[SafetyMoose]

This is cool.

[Devin]

It looks rather promising.

[SafetyMoose]

It looks rather promising.

i know, I would love to be apart of this. It seems very innovative

[Teddy]

First Glimpse previews added

 

[SafetyMoose]

First Glimpse previews added

[murdoxix]

This is cool.

[SkyHawk]

Finally! Can't wait to see progress in this and finally have a place to invest money.

[Leroy_Kolta]

Awesome can't wait to get involved! (Oh wait, I already am :P) Anyway, It's gonna turn out great!

[Teddy]

I have decided to open applications by PM only.

Good luck

[Dean Willis]

Astonishing...

[Mashgash]

Teddy, where's my [WS] tag?

[Jubin]

How is it different?

This stock market is like no other in the state of Argonath, or any of the other previous attempted establishments because it is powered by an advanced algorithm and series of fail-safes engineered in PHP by professional developers.

Now I would really like to see the math behind this algorithm. If this is unofficial where do you take the data from to calculate the changes of business stock values. For now it seems more like a top shop advertisement to me.

[Mikro]

Kewl!