The Helena Stock Exchange

[UniversalUnion 70]

[!] The sounds of money fill the streets of Helena.

 

 

 

Helena – the city of big business, rising industry, and a new market for virtual capital investments. In the last four decades, the likes of extremely successful companies and corporate conglomerates have dominated the Empire, and many of them are based here, in the heart of the Empire. That’s why the Durant Group saw it fit to open the Helena Stock Exchange, a neutral arbiter and outlet for companies to sell portions of ownership in their companies to the public, and subsequently, for the public to then trade those shares. This offers the opportunity for both companies and consumers to benefit from the glories of capitalism, wherein investors can potentially make a substantial amount of money buy purchasing stocks whilst they’re at a low price, and reselling them when they increase to a higher price. An ingenious concept. Other companies had used a system of garnering investments prior through a share-system internally, but those prices were mostly static, not open to the public, and most importantly, not subject to competition. Now, companies across the continent can register with the Helena Stock Exchange and take the next leap towards a new, global economy.

 

 

All info below is subject to change at any time.

 

STANDARD INFORMATION

CURRENT ADDRESS: Nauzica Square Stall 2

CURRENT TRANSACTION FEE: 5%

HOURS OF OPERATION: Weekdays, 3 – 4pm EST

 

IMPORTANT LINKS

HELENA STOCK EXCHANGE CHARTER

STOCK PRICE TRACKER [WIP]

 

Contact Durant Goldhand with inquiries, or to register your company with the Helena Stock Exchange.

((Papa_Liam))

((Liam#7649))

 

((If any other players have interest in helping us create a functioning stock market or have any feedback to give, it’d definitely be more than appreciated))

[JokerLow 1317]

Uldraek Goldhand, nods in approval of his fellow Goldhand.

[1_Language_1 1671]

Wilheim will buy some stocks to set aside for his children’s future.

[TheBelidle 65]

“Interesting.” Claudius would nod slowly as he seemed quite invested in the stock market

[sergisala 3451]

"I really like this, but how do we make sure that this Private Executive Authority of the Helena Stock Exchange with no control from the judiciary will not abuse its powers to benefit a specific company? This Stock Exchange should be regulated by an Act of the Imperial Diet to give more security to the investors, because otherwise this system can generate a lot of corruption and power-abuse from the managers of the Stock Exchange." a citizen of Helena would comment, giving his opinion as he hears the news.

[EddyTheBrave 643]

A Carrington courier drops a several signed letters to the Durant Group’s stall in Helena, though susceptible to the public.

“I’ve been anxiously concerned for the day this concept re-emerges, and lo and behold, another stock exchange emerges. I myself have been interested in the idea, until researching past the surface level. Expert economists and wealthy private businesses, such as yours, have attempted this several times through history. The result however, was always a failure attributed due to impossible objectivity and regulation of stocks.

Your proposal, like those in the past, will have stocks and shareholders’ mina dependent upon the interpretation of company representatives, who for obvious reasons, will have their own subjective interest. Even if the empire or crown itself decided to be the ones auditing and defining stock values instead of companies, for obvious reason there is much room for corruption or bias interest. From what I read, the Bank of Marin from Felsen was accountable for manipulating stocks and shares in a stock market they created. So it is concerning a company such as yours, the Durant Group, also oversees and values the stock of other competing companies. Please do not take offense as my criticism, for as a Helena business owner myself I’d love to help develop this idea further should you request my contributions. 

To condense, the reason why stock exchanges in history are impossible to objectively maintain and provide true accuracy, is because there has never been another impartial organization((like the S.E.C. irl) to dictate stock value and interpret the monetary progress of companies. It is impossible to avoid insider trading and corruption when a company creates and regulates a stock market for other companies.”
 

• Signed and sealed with a signature C&C wax logo

 

[UniversalUnion 70]

12 hours ago, sergisala said:

"I really like this, but how do we make sure that this Private Executive Authority of the Helena Stock Exchange with no control from the judiciary will not abuse its powers to benefit a specific company? This Stock Exchange should be regulated by an Act of the Imperial Diet to give more security to the investors, because otherwise this system can generate a lot of corruption and power-abuse from the managers of the Stock Exchange." a citizen of Helena would comment, giving his opinion as he hears the news.

 

11 hours ago, EddyTheBrave said:

A Carrington courier drops a several signed letters to the Durant Group’s stall in Helena, though susceptible to the public.

“I’ve been anxiously concerned for the day this concept re-emerges, and lo and behold, another stock exchange emerges. I myself have been interested in the idea, until researching past the surface level. Expert economists and wealthy private businesses, such as yours, have attempted this several times through history. The result however, was always a failure attributed due to impossible objectivity and regulation of stocks.

Your proposal, like those in the past, will have stocks and shareholders’ mina dependent upon the interpretation of company representatives, who for obvious reasons, will have their own subjective interest. Even if the empire or crown itself decided to be the ones auditing and defining stock values instead of companies, for obvious reason there is much room for corruption or bias interest. From what I read, the Bank of Marin from Felsen was accountable for manipulating stocks and shares in a stock market they created. So it is concerning a company such as yours, the Durant Group, also oversees and values the stock of other competing companies. Please do not take offense as my criticism, for as a Helena business owner myself I’d love to help develop this idea further should you request my contributions. 

To condense, the reason why stock exchanges in history are impossible to objectively maintain and provide true accuracy, is because there has never been another impartial organization((like the S.E.C. irl) to dictate stock value and interpret the monetary progress of companies. It is impossible to avoid insider trading and corruption when a company creates and regulates a stock market for other companies.”
 

• Signed and sealed with a signature C&C wax logo

 

 

The Durant Group returns the letters to the C&C complex next-door.

 

“To whom it may concern,

 

We appreciate the feedback and concerns from fellow business conglomerates such as yours, as you will be our primary users. We wish to dispell some rumors, which are reinforced from the details in our charter. The value of stocks are not determined by the Helena Stock Exchange’s board of company representatives, this board exists for a fair decision making process and to determine a chairman in a process soon to be announced, once representatives are chosen. There will be no instances of insider trading, as the equations for the price of shares is publicly available, and so shall a record of the transactions taking place – in other words, individuals may calculate the prices for themselves.

 

It is agreed that it is not ideal for a private company to be managing a stock market, but consider the following;

1. The Durant Group has no sustainable income outside of transaction fees as of now, after the nationalization of our railroads and the closure of our casinos and taverns. This is our primary focus, and we will not be participating in the market ourselves as of present.
2. In the scenario that the Durant Group does launch new business ventures, chief executive authority will no longer be in our hands. It will be shifted to whomever the neutral chair is, we are simply pioneering this project as of now because nobody else will, and we need to get it off the group, as a public stock market is something we desire.

If a company prestigious as yours wishes to participate in the market and sit on our five-member board to ensure the neutrality and well-being of the market, we would be honored to have you.”

 

- Durant Goldhand

 

[!] There is no wax seal, as there was not enough money in the budget to afford one.