Announcement: “Price Freeze” Coming
In a real-life trading system, there’s a starting time that marks the moment when a market goes into action. This...
In a real-life trading system, there’s a starting time that marks the moment when a market goes into action. This levels the playing field, allowing every trader an equal opportunity to jump in and buy or sell a stock at the opening price. Many PPX traders have expressed the desire for a similar feature on this site, so we’ve decided to create one.
Starting Monday, July 2, new IPOs will be released at an unspecified time each Monday, Wednesday and Friday morning, and traders will be able to buy or short the new propositions… but trades placed throughout the day will be frozen until late afternoon, when the stock will be released into play. This way, each trader will have a chance to buy while the price is fixed at $50. In the evenings, you’ll be able to see how your stock is performing in the market. All part of our plan to make this game more fair and fun. Now, go make some money!