ContentsThe Stonk Exchange · Buying and selling shares

The Stonk Exchange

Buying and selling

Every company trades on its own price curve. Buy and the price climbs a little; sell and it slips back. There is no order book and no house on the other side of your trade: just players, and the curve between them.

  • Whole shares
  • A 1% fee each way
  • Quote, review, confirm
CASStonk Casino
Shares100
Price now
—
Price after
—
Average price
—
Fee
—
You pay
—
Slippage
0.5%
The ticket fills in with a real quote once the Exchange answers.

Anyone can read prices and quotes.

The price curve

Buying pushes it up, selling brings it down

Each company has a fixed number of shares (100,000) sitting on one . Every share you buy is taken off it, and the next one costs a little more. Drag:

100300shares held by players →↑ price
Price 156 → 183 +16.9%You pay 169 a share on average, plus the 1% fee

The listing price is drawn as 100. Out of 100,000 shares, a fifth are held by players here. The bigger the order, the further it moves the price, so the average sits between the two.

Placing an order

Four steps, nothing hidden

  1. 01Open a company

    In the terminal, or at its post on the trading floor (E at the counter).
  2. 02Buy or sell

    Type how many whole shares. You pay in chips; Bonus chips never trade.
  3. 03Review the quote

    Price impact, average price, the fee and the total. The quote holds for 10 seconds.
  4. 04Confirm

    Done at that price, or not at all: if the price moved past your slippage, the trade is refused, never re-priced.

Fees and limits

What a trade costs, and how big it can be

Fee1%on every buy and every sale; it counts toward that company's takings
One trade$100at most, valued at the chip's price
A dayNo limitbuy and sell as many times as you like
Slippage0.5%to start with; you can allow up to 2%
QuestionYesNo
ChipsYour chipsBonus chips never trade
OrdersBuy or sell at the quoted priceNo limit orders, no shorting, no borrowing
SharesWhole sharesNo fractions
SellingAny time the company trades, even on a casino breakA paused company can't be bought or sold until it reopens
A sale pays you in chips, at the curve's price less the fee: chips you can spend, play, or cash out as $TOWER.

Who can trade

Everyone watches, players trade

QuestionSigned outSigned in, no tokenPlayer
Prices, charts, the city wireYesYesYes
A live quoteYesYesYes
Buy and sellNoNoAge confirmed once
DividendsNoNoYes
A player is a wallet holding at least $1 of $TOWER, in the wallet or as chips. The age confirmation is the casino's: confirm it once, in either place.

Your position

What your shares show

Your Portfolio tab lists every company you hold, and each company's page shows your position on it.

Your shares also count toward your tower. They count at what selling them now would pay, after the fee (the sell value in your Portfolio), so buying hardly moves your tower and selling leaves it where it was.

Some shares wait before they sell. Shares paid by a ContractX contract, and shares bought with locked chips, can't be sold for 24 hours (24 hours for the second kind). The Portfolio shows how many are locked and when they free up. They still count for your tower, dividends and votes.

“Counts today” is what today's dividend will pay on if you keep those shares until midnight UTC. Shares bought today count from tomorrow.

Shares
how many you hold
Cost
what you paid, fees in
Value
what they'd fetch if sold now
Gain or loss
value against cost
Dividends
what this company has paid you
Counts today
shares held since 00:00 UTC