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Post by skrouse on Jun 1, 2021 10:41:22 GMT -5
Important Terms
Price - current market price of a Team Stock. The Price is based on current winning percentage of a team times 82 (games). For example, a team that has a current winning percentage of 100% will have a price of 82. If their winning percentage was 50%, it would be 41. A Price can NEVER fall below 1.
Ask (price) - current price at which a GM can BUY Team Stocks from SCM.
Bid (price) - current price at which a GM can SELL Teams Stocks to SCM.
Minimum Lots - minimum lots are the lowest amount of shares that can be bought or sold in a single trade. They are based on a formula of $100/Price rounded to the nearest whole number. Minimum lots will change throughout the course of a a season.
Ticker Tape RulesTrading Sessions: GMs only will be able to Buy and Sell team stocks from SCM during the open Trading Sessions. The Trading Session Schedule is posted below. Prices will be posted by SCM proceeding the previous sim and GMs can post orders before the following sim deadline. Orders posted in the Ticker Tape thread will are final at the deadline of Sims 1, 4, 7, and 10.
Ticker Tape thread: All GM orders shall be posted in the Ticker Tape thread
Trading Sessions Schedule: 1. Prices posted following Preseason, Trading Session closes at deadline of Sim 1 2. Prices posted following Sim 3, Trading Session closes at deadline of Sim 4
3. Prices posted following Sim 6, Trading Session closes at deadline of Sim 7 4. Prices posted following Sim 9, Trading Session closes at deadline of Sim 10
Cross Trades: SCM has a fiduciary responsibility to execute all orders at the best available price for its customers. If one GM is looking to BUY a particular stock, while another GM is looking to SELL the same stock during the same Trading Session, the BUY and SELL will be executed as a Cross Trade between the two GMs. Cross Trades will be executed at the current Price, which will always be between the Ask and Bid. Cross Trades will be executed on a First In First Out basis.
Cross Trade example: Pete posts a SELL of 10 Shares of LAL @ 10:15 AM EST
Dirt posts a BUY of 5 Shares of LAL @ 10:30 AM EST
Odin posts a BUY of 10 Shares of LAL @ 11:00 AM EST Current Price of LAL is 47.0, with a Bid of 45.58 and an Ask of 48.40 This will be executed as: Pete SELLS 5 LAL to Dirt @47 Pete SELLS 5 LAL to Odin @47 Odin BUYS 5 LAL from SCM @48.40 Order Edits: Any edited posts in the Ticker Tape thread will be ignored, if a GM wishes to adjust an order they must delete their post and post a new order. The Ticker Tape thread will be locked at the deadlines of Sims 1, 4, 7, and 10. It will be reopened once all orders have been processed.
Off Season Cash Outs: A GM may elect to Cash Out their current Brokerage balance to their Skrousey Bank balance at any point following Sim 12 up to the next season's Preseason deadline. Between Sim 12 and the Deadline for FA Day 1 bids, a GM may elect to liquidate (Sell) any positions held at the current Bid price in order to cash out the funds. These fund will be immediately transferred to their Skrousey Bank.
Disclaimer - These are the Rules as of today, they are subject to change. All GMs will be notified of any changes promptly. The Commissioner maintains the right to veto any transaction he deems inappropriate based on existing TMBSL 6.0 rules.
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Post by skrouse on Jun 1, 2021 11:14:33 GMT -5
Example transactions:
skrouse posts
"Buy of 15 ORL"
Dirt posts
"Buy of 15 CAR"
Odin posts
"Buy of 3 LAL
Buy of 6 SEA"
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Post by Odin on Jun 1, 2021 11:30:42 GMT -5
how many shares exist
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Post by skrouse on Jun 1, 2021 11:40:56 GMT -5
Shares are unlimited Prices are limited
Currency that can be brought in is limited
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Post by skrouse on Jun 1, 2021 12:52:10 GMT -5
Opening Prices are below, the first Trading Session will end tomorrow at 1:30 PM EST (Sim 1 deadline). If you wish to participate simply enter you buy order(s). Anyone who enters at least one Buy Order will have 1K moved from their Skrousey Bank Account to their SCM Brokerage Account.
If you wish to participate but NOT enter any buy orders, simply post "In" or something to that effect and I will move 1K between your accounts. Your beginning Total MV will be 1K based on your deposit.
Ticker Price Bid Ask Min lot
ATL 39 37.83 40.17 2
BRK 46 44.62 47.38 2
CAR 47 45.59 48.41 2
CBO 31 30.07 31.93 3
CHO 30 29.1 30.9 3
CBU 37 35.89 38.11 2
CST 40 38.8 41.2 2
CLE 50 48.5 51.5 2
DAL 28 27.16 28.84 3
GSW 38 36.86 39.14 2
HOU 21 20.37 21.63 4
IND 47 45.59 48.41 2
LAC 46 44.62 47.38 2
LAL 39 37.83 40.17 2
MIA 56 54.32 57.68 1
MIL 63 61.11 64.89 1
MIN 59 57.23 60.77 1
NYK 46 44.62 47.38 2
ORL 41 39.77 42.23 2
PHI 63 61.11 64.89 1
PHX 43 41.71 44.29 2
PIT 32 31.04 32.96 3
POR 35 33.95 36.05 2
SAS 23 22.31 23.69 4
SEA 40 38.8 41.2 2
TEX 42 40.74 43.26 2
TOR 43 41.71 44.29 2
VAN 33 32.01 33.99 3
WAS 34 32.98 35.02 2
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Post by Trofie on Jun 1, 2021 12:55:48 GMT -5
Buy 20 of TEX
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Post by Odin on Jun 1, 2021 13:00:28 GMT -5
Buy 31 CBO
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Post by Druce on Jun 1, 2021 13:05:51 GMT -5
Buy 30 VAN
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bankz
New Member
GM of the Year: 3001
Posts: 2,347
Likes: 490
Joined: January 2021
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Post by bankz on Jun 1, 2021 13:07:15 GMT -5
Buy 10 Tex Buy 10 Car  |
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Post by TinyTimPig on Jun 1, 2021 13:07:29 GMT -5
Buy 25 SEA
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Post by skrouse on Jun 1, 2021 13:17:30 GMT -5
Buy 10 Tex Buy 10 Car No edits pls. Not a very big deal for the opening bids, but will matter for cross trades once GMs have shares. |
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Post by skrouse on Jun 2, 2021 8:03:45 GMT -5
Buy 5 ORL
Buy 5 VAN
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Post by skrouse on Jun 2, 2021 8:53:49 GMT -5
Can only afford 24 (24*41.20=$988.80). I will execute a BUY for 24 shares unless you state otherwise |
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Post by skrouse on Jun 2, 2021 8:54:35 GMT -5
Can only afford 29 (29*33.99=($985.71)). Will execute a BUY for 29 unless you say otherwise |
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Post by skrouse on Jun 2, 2021 8:58:46 GMT -5
Can only afford 46 (46*-21.63 = ($994.98)) - Will execute a BUY for 46 unless you say otherwise. |
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Post by Dirt on Jun 2, 2021 9:01:46 GMT -5
In
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Post by Sapular on Jun 2, 2021 9:02:53 GMT -5
Buy 10 POR
Buy 10 CLE
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Post by delap on Jun 2, 2021 9:04:40 GMT -5
Buy 16 LAC (16*47.38) = 758.08
Buy 5 TEX (5*43.26) = 216.3
I think I did this right.
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Handsome Pete
New Member
Posts: 1,118
Likes: 581
Joined: January 2021
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Post by Handsome Pete on Jun 2, 2021 9:12:59 GMT -5
In
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Post by Yawn of the Dead on Jun 2, 2021 10:32:55 GMT -5
Buy 14 Vancouver
Buy 14 Washington Bullets
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Post by 20s on Jun 2, 2021 11:05:08 GMT -5
Buy 10 of LAC
Buy 10 of TEX
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Deleted
Posts: 0
Likes:
Joined: January 1970
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Post by Deleted on Jun 2, 2021 11:05:45 GMT -5
Can only afford 46 (46*-21.63 = ($994.98)) - Will execute a BUY for 46 unless you say otherwise.
Ok i'm gonna change my buy ( i wish we could spend more than 1k on this!!!!)
20 shares of Houston 10 shares of Washington 5 shares of Vancouver 1 share of NYK
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Post by Dirt on Jun 2, 2021 11:10:05 GMT -5
Buy 10 CBO
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Post by skrouse on Jun 2, 2021 11:13:20 GMT -5
Can only afford 46 (46*-21.63 = ($994.98)) - Will execute a BUY for 46 unless you say otherwise.
Ok i'm gonna change my buy ( i wish we could spend more than 1k on this!!!!)
20 shares of Houston 10 shares of Washington 5 shares of Vancouver 1 share of NYK
All good except the BUY of NYK - Min lot size is 2 shares. Can't buy just 1 share |
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Handsome Pete
New Member
Posts: 1,118
Likes: 581
Joined: January 2021
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Post by Handsome Pete on Jun 2, 2021 11:19:19 GMT -5
Buy 10 WAS
Buy 15 TEX
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Post by skrouse on Jun 2, 2021 12:30:53 GMT -5
Trofie BOUGHT 20 TEX @ 43.26 for ($865.20) Odin BOUGHT 31 CBO @ 31.93 for ($989.83) Druce BOUGHT 29 VAN @ 33.99 for ($985.71) bankz BOUGHT 10 TEX @ 43.26 for ($432.60) bankz BOUGHT 10 CAR @ 48.41 for ($484.10) TinyTimPig BOUGHT 25 SEA @ 41.20 for ($988.80) skrouse BOUGHT 5 ORL @ 42.23 for ($211.15) skrouse BOUGHT 5 VAN @ 33.99 for ($169.95) Sapular BOUGHT 10 CLE @ 51.50 for ($515.00) Sapular BOUGHT 10 POR @ 36.05 for ($360.50) delap BOUGHT 16 LAC @ 47.38 for ($758.08) delap BOUGHT 5 TEX @ 43.26 for ($216.30) Yawn of the Dead BOUGHT 14 VAN @ 33.99 for ($475.86) Yawn of the Dead BOUGHT 14 WAS @ 35.02 for ($490.28) 20s BOUGHT 10 LAC @ 47.38 for ($473.80) 20s BOUGHT 10 TEX @ 43.26 for ($432.60) @jayz93j BOUGHT 20 HOU @ 21.63 for ($432.60) @jayz93j BOUGHT 10 WAS @ 35.02 for ($350.20) @jayz93j BOUGHT 5 VAN @ 33.99 for ($169.95) Dirt BOUGHT 10 CBO @ 31.93 for ($319.30) Handsome Pete BOUGHT 10 WAS @ 35.02 for ($350.20) Handsome Pete BOUGHT 15 TEX @ 43.26 for ($648.90)
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Post by skrouse on Jun 4, 2021 13:33:26 GMT -5
The second trading session of the 3007 season is now open. Prices are below. The closing bell will ring tomorrow at 2:30 PM EST.
Remember no edits, any edited post will be ignored
Ticker Price Bid Ask Min lot
ATL 33.78 32.77 34.80 2
BRK 57.89 56.16 59.63 1
CAR 51.82 50.27 53.38 1
CBO 19.68 19.09 20.27 5
CHO 28.70 27.84 29.56 3
CBU 47.81 46.37 49.24 2
CST 73.39 71.19 75.59 1
CLE 45.59 44.22 46.96 2
DAL 13.69 13.28 14.10 7
GSW 23.45 22.75 24.16 4
HOU 8.61 8.35 8.87 11
IND 53.30 51.70 54.90 1
LAC 49.94 48.44 51.44 2
LAL 14.43 14.00 14.86 6
MIA 48.46 47.01 49.92 2
MIL 57.40 55.68 59.12 1
MIN 62.32 60.45 64.19 1
NYK 47.48 46.05 48.90 2
ORL 52.15 50.59 53.72 1
PHI 65.60 63.63 67.57 1
PHX 56.74 55.04 58.45 1
PIT 41.00 39.77 42.23 2
POR 29.52 28.63 30.41 3
SAS 36.90 35.79 38.01 2
SEA 42.64 41.36 43.92 2
TEX 45.10 43.75 46.45 2
TOR 28.54 27.68 29.39 3
VAN 32.80 31.82 33.78 3
WAS 31.24 30.30 32.18 3
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Deleted
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Post by Deleted on Jun 4, 2021 13:34:59 GMT -5
lol i didnt read the fine print carefully enough.
100 shares of HOU plz
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Post by Odin on Jun 4, 2021 13:37:01 GMT -5
hodl
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Post by 20s on Jun 4, 2021 13:38:19 GMT -5
lol i didnt read the fine print carefully enough. 100 shares of HOU plz You don't have money for that. Need to sell something to buy. |
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