Proposal: Market
S-K.—Chronos
Adminned at 12 Sep 2005 17:19:43 UTC
Add a Currency Rule:
Each Country, except the Hegemonist, can hold an amount of Hegemonic Dollars (H$), which is tracked by the {{GNDT}} at the HDollars Column. This amount can be negative. A new Country starts with H$ 0 (Zero).
The Hegemonist is the issuer of H$, so e is construed to hold an infinite positive amount of it.
Give H$ 0 (Zero) to all current Countries, except the Hegemonist.
Add a Market sub-rule to Commodities:
Often, the Hegemonist may make a post with the title “Market Position #NNN”, where NNN is a unique sequential number starting at 001.
A “Market Position” Post shall state the Prices at which the Hegemonist is willing to buy Commodities from other Countries and the Prices at which e is willing to sell.
Add a Market Orders sub-rule to Market:
If a Country has no more than one pending Market Orders, that country may issue a Market Order, by Posting it at the top of the Commodities Market Discussion page (at http://blognomic.com/wiki/index.php?title=Talk:Commodities_Market).
A Market Order must have the following format:
(BUY/SELL) Order from ~~~~
NN of (Commodity 1)
NN of (Commodity 2)
…
NN of (Commodity N)The trailing four tildes (~~~~) are obligatory and will be rendered by the Wiki software as the name of the Country posting the order and the time of that posting.
A Country may not have more than one Buy Order pending, neither more than one Sell Order.
Add a Order Processing sub-rule to Market:
Market Orders can either be Pending, Closed, or Failed. When a Market Order is first post, it is considered Pending.
The Hegemonist will process the Pending Market Orders in the same chronological order they were posted.
The Hegemonist will Close a Buy Order if e has enough Stock of the listed Commodities. E will then transfer an amount of H$ from the Buying Country to emself and the corresponding amount of Commodities from emself to the Buying Country.
The Hegemonist will Close a Sell Order if the Selling Country has enough Stock of the listed Commodities. E will then transfer an amount of H$ from emself to the Selling Country and the corresponding amount of Commodities from the Selling Country to emself;
The amount of H$ to be transferred by the Hegemonist when closing Market Orders will accord to the last Market Position posted before the posting of the order.
The Hegemonist will Fail a Market Order if any condition for Closing is not met. E will fine the Country who posted the Failed Order by an amount of H$ equal to 5% (five percent) of the total amount of H$ that would be have transferred should the Order close;
Add a Forced Sell sub-rule to Market:
At any time, if a Country holds a negative amount of H$, the Hegemonist may force that Country to sell an amount of Commodities enough to bring that value to a non-negative one. The Hegemonist will force sell first the Commodities most valued in the last Market Position post.
jamuraa: