How to Trade
Before you actually make a trade, you must select what you would like to trade. Sounds easy, right? Well, it is. Pick a star that you happen to like or a movie you think will make a lot of money at the box office. Let's use
Toy Story 3, for example. Go to the search box, type in "Toy Story", and buy that MovieStock® when it appears. Assuming you have enough money in your portfolio, your trade will be executed and you will now be the proud owner of some
Toy Story 3 shares. Should you choose to sell it at some point, simply go to your portfolio and choose the sell option. It's fun, easy, and you don't have to yank your kids out of college if you lose your shirt playing the market. As you get more familiar with the site, search the list pages for other movies, stars and musical artists that you may not be aware of. Also, be sure to check out our profile pages to get an in depth look at all the movies, stars, and other fun stocks that are traded on the Exchange.
Ticker Symbols are abbreviations for a MovieStock, StarBond or other security, usually consisting of five or six letters.
The HSX® Broker fills all of the trades you request. For example, if you buy Dwayne Johnston's StarBond, the HSX Broker will fill that trade for you. The Broker is conveniently available in a number of places - you can find it on every page by mousing over the My Portfolio portion of the top navigation bar. The Broker can also be found on your portfolio page and many listing pages as a rollover button titled "Trade."
HSX has set up position limits to mimic the 13-d Rules of the real world stock markets which are in place to limit the amount of shares an individual can own of a particular company. Simply put, there is a limit on how many shares of a particular MovieStock, StarBond, or any other security one can own, so that no one particular trader can exert undue influence on its price. The position limits outlined below apply to each active account.
|
Type of Security
|
Maximum allowed number
of shares per trader
|
|
|
|
MovieStock
|
150,000
|
|
OW Warrant
|
100,000
|
|
StarBond
|
25,000
|
|
Derivatives
|
25,000
|
|
Funds
|
20,000
|
HSX defines market manipulation as engaging in any activity which may artificially affect the market price of a security, or any other HSX market information. Market manipulation may include, but is not limited to: coordinated trading by different HSX accounts, unauthorized computer program-assisted trading using a single or multiple HSX accounts, inappropriate disclosure of trading activity, and misrepresentation of information to the HSX community. HSX will impose heavy fines and/or trading restrictions on traders who make use of market manipulation for any purpose.
1st offense: a fine of 25% of Portfolio Value and banned from trading for 15 days.
2nd offense: a fine of 50% of Portfolio Value and banned from trading for 30 days.
3rd offense: the confiscation of the Account Portfolio by the Hollywood Securities and Exchange Commission (HSEC).
The determinations of whether conduct constitutes manipulation will be at the sole discretion of HSX. All decisions are final.
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