Live stream: Multiplayer stock trading game using real money [video]
1–7 of 7 posts
Re: Live stream: Multiplayer stock trading game using real money [video]
#2Part of me believes that this can easily be used for money laundering or insider trading.
Anyone want to guess the legality of this? This is very far away from Twitch plays pokemon.
Re: Live stream: Multiplayer stock trading game using real money [video]
#3Can anyone find where the proceeds of this go?
Re: Live stream: Multiplayer stock trading game using real money [video]
#4Can anyone find where the proceeds of this go?
If there are any, it's still the investor's money
http://www.businessinsider.com/stockstream-twitch-amazon-sto...
Re: Live stream: Multiplayer stock trading game using real money [video]
#5Part of me believes that this can easily be used for money laundering or insider trading. Anyone want to guess the legality of this? This is very far away from Twitch plays pokemon.
The creator, an Amazon engineer, did disallow trading AMZN, for a start
Re: Live stream: Multiplayer stock trading game using real money [video]
#6Part of me believes that this can easily be used for money laundering or insider trading. Anyone want to guess the legality of this? This is very far away from Twitch plays pokemon.
It doesn't look like there's any payout, nor a requirement to buy in to play. I don't see a way for any laundering to happen.
As for insider trading, it's a collective voting game. I don't see a way to increase the value of one's vote, so I can't imagine it ever falling afoul of insider trading.
Re: Live stream: Multiplayer stock trading game using real money [video]
#7Unsurprising that most of the trading activity is around prominent b2c tech brands. Right now I'm seeing amd, tesla, netflix, google, nvidia, apple.
What is the ticker in the middle with quotes?