Stock exchange

By means of the Stock exchange, business owners, production businesses, banks, physical persons who are or were employed in the management of production businesses and the model public can trade. The stock exchange therefore offers a possibility to improve one’s property in the game and to profit on stocks of successful businesses.

Trade orders sent by the public are delivered to the stock exchange by a computer model. Both offer and demand of the public is governed by the standard economic theory, i.e. for a higher price of a certain stock, the public is willing to buy less stocks and sell more stocks than for a lower price and vice versa.

Automatic prompt deals are closed at the Stock exchange. Deals take place in an auction mode, in a system of fixed price. That means that all purchase or sale orders are focused towards one moment in time and the result is establishment of one auction price for a given subject of the stock business. After every exchange session, the rate is known for every stock in trade.

The range of stock exchange functioning, i.e. when it is possible to trade on the stock exchange during one round, will be disclosed at the beginning of the game in decision of the teacher.