Hadestown: The Musical Hadestown: The Musical captures the live theater performance of the Tony Award®-winning musical in the West End. of...
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Feedback/Suggestions - New Features
Posted by: ZnLProd on Jul 22, 10:44
If you're gonna redesign the site - why not add more cool stuff as well !
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Tier Level Banking
If port is under 2mm - HSX Reserve gives you 7% on your cash holdings
If your port is 2mm to 100mm HSX Reserve gives you 5% on your cash holdings
If your port is 100mm to 500mm HSX Reserve gives you 3% on your cash holdings
If your port is 500mm to 750mm HSX Reserve gives you 1% on your cash holdings
If your port is 750mm to 1Bill HSX Reserve gives you 0% on your cash holdings
If your port is 1 Bill to 2 Bill, HSX Reserve TAKES 1% of your cash holdings (negative interest -1%)
If your port is over 2 Bill, HSX Reserve TAKES 2% of your cash holdings (negative interest -2%)
This will have three effects
1) Helping small players get bigger faster. Right now the rate is held low because of the presence of big players would might be tempted to sit in cash collecting a high return from a risk free guaranteed interest rate. But this screws the little guys who could really use that cash. When your port is only 2mm, every penny counts.
2) Making sure big players don't just sit around on huge piles of cash pulling away from the pack on the leaderboards. It's sorta like the blinds in Texas Hold'em Poker. They serve to make sure you can't just sit at the table without playing. I mean once you've got 5 billion - why keep going? Your place on the leaderboard is more then fairly secure. After all if you're all cash you're generating 250mill a year doing absolutely nothing. Smaller ports have virtually no chance at catching you. But they might be focused on continual investing and reinvesting if instead of raking in 250mill a year, they were losing 100mill a year for every uninvested dollar.
3) Make sure the lifetime leaderboard is populated by the true best active trader, not just the guy who got lucky and now sits around counting his pennies.
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OTC Repo Trading
Players can trade securities and cash with amongst themselves, not the Virtual Broker.
Essentially it would be a repo trade. Player 1 can trade up to 50k of a position for 1/2 it's cash value from Player 2 for a set time duration.
Any 'economic profit' on the stock while on loan goes into the pocket of Player 2. Player 1 then gets extra 'cash' to invest or play with during the time limit with which to make other bets, but still ultimately retaining their position. After the time period is up, Player 1 sells his holding, returns the cash ,Player 2 returns the securities, gains and/or losses are settled up. It would make for a very exciting secondary market, and would also give HSX an interesting indication of how much 'convicition' traders had in a stock.
Currently I can only be 50k shares excited about something. But with repos I could be 100k or 200k excited. In the interests of stopping market manipulation and unfair price manipulation, I'd cap repo exposure on any 1 given stock to 250k shares.
I would not allow anyone with under 20mm in net worth (and 5mm liquid) to engage in repo trading. I say that because a firm understanding of the game mechanics would be needed, inexperienced traders could inadverently put themselves in a world of hurt by over leveraging.
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CMO Trading
Why trade one stock when you can a blend of trade four? Some films have great legs, some films don't. Some films have great opening weekends, some films don't. Why not create an instrument that stands to be a hybrid of the best of both worlds? Why not create a stock or bond or derivative where the price and cash out value is the 1st week's box office of film ABC plus the 2nd week's box office of film DEF plus the 3rd week's box office take of film 123 plus the first week box office take of film XYZ? And it can adjust and reset in that order over the time horizon. This would make for some interesting modelling and some interesting thoughts on what these sorta of securities are worth. And would give more insight and data into what's really driving the valuations by traders.
True the Virtual Specialist could handle this, but it would give traders more of a reason to engage if they could be the market makers on this kind of product.
I would not allow anyone with under 20mm in net worth to engage in repo trading. I say that because a firm understanding of the game mechanics would be needed, inexperienced traders might not understand the product properly.
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IO's and PO's and STRIP's (that's not a dirty word, it's a finance term)
Why not be able to just buy/trade the specific week's returns from a given film? If I'm a small trader, maybe I can't afford 50k of HPOT7… but maybe I could afford to buy the 2nd weeks' returns? Maybe the 200 price is composed of a 4 week price break down of 100, 50, 35, 15. Getting involved in buying/trading the 2nd week would be an exciting way to play the prediction of individual week slices and would really show what films are perceived to have legs. It would also provide an interesting hedging opportunity over the duration life of a security after opening weekend adjust.
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Just some of my ideas on cool ways to make the site even more interesting and exciting.
These are just broad stroke ideas, I can explain and detail them more if anyone's actually interested.
Thoughts? Feelings? Blast away.
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