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  • Mahapur Stock Exchange: Open for Trading!

    Want to run a business, make money, look for a job or just chat about the latest stock prices? This is the place.

    Mahapur Stock Exchange: Open for Trading!

    Postby Thadeus Laing » Thu Mar 21, 2013 12:47 am



    The Mahapur Stock Exchange is now open for trading with an innovative
    concept: a bank account has been created with access by Andreas the
    Wise, 1 representative from the international community, 1 representative
    elected by the members of the stock exchange, and ministries of finance
    around the globe. This bank account will be used for trades and transactions
    related to trading only. This account can be audited by the authorities so will
    never be any question of to whom money was sent or whether or
    not it was received. Also the creation of the account will make it possible
    to interface with a better stock exchange bank mod in the future, if one
    becomes available.

    The Mahapur Stock Exchange, while based in Aryasht and subject to Aryashti
    laws, is not an Aryasht run organization. It is an international organization that
    is formed as an incorporated non-profit. Once other nations' laws are "up to snuff"
    we may consider relocating if it is more beneficial.

    To sell stock, someone can simply send money to an account called "MSE" on the SCUE
    bank and put in the comment "Sell X shares of company Y to account Z" and we'll
    handle the rest! Remember, international auditors and ministries of finance will have
    the FULL right to view the transactions (actually making transactions will be
    handled by the Director General of the Exchange or an assigned deputy).

    Also, note that stock does have to be formally listed on the exchange to be traded
    using the MSE brokerage account and the location of the stock is in Aryasht. While
    the property is of course owned by the stockholder, it is subject to Aryasht personal
    property laws.

    Thadeus Laing
    Sea Elf, Sea Elf Run
    Posts: 2251
    Joined: Sat Dec 11, 2010 5:33 am

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