Quick note about the nature of the GDSE and this thread:
ICly, the GDSE is an auction-based stock exchange that caters to the region's largest companies, with the intention of facilitating intra-regional capitalization. It also publishes its own index, although others with their own formulas undoubtedly exist, which is weighted for market capitalization and other variables, including price and volatility. This thread is not meant to set prices or mimic a free capital market, the machinery of the auction operates in the background. Rather, this thread is meant as a financial news thread specific to the companies who claim membership to the GDSE. Every player in Greater Díenstad is eligible for at least one company on the GDSE, and the longer you've been around the more companies you are likely eligible for.
Who we are and membership criteria:
The Greater Díenstad Stock Exchange (GDSE) is an exclusive exchange where select firms and brokers can buy and sell stock securities. Founded by the Greater Díenstadi Stock Exchange (GDSE) Act, its membership is constrained to firms that fulfill the following criteria —
Additional OOC criteria: What truly determines membership? After all, we can just claim that countless of our national companies are large enough to meet those criteria. To avoid any possible and innovative abuse of this thread and institution, players are capped to the number of companies they can claim sell shares in the GDSE. The cap is entirely based on seniority, which on NationStates is measurable through population, and the advantage of seniority steeply declines as population numbers get into the billions.
Population caps are —
Membership roll:
To submit for membership, you may use the following template and reply to this thread. OOCly, players are held to an honor code as to whether their company meets the IC criteria. Rejection is almost entirely based on whether you've already met your quota based on OOC population criteria. You may delist and introduce new companies, and this should be done through in-character roleplay. The new company can apply using the following template after the old company has roleplayed its delisting and this has been acknowledged by the OP.
Please submit one company at a time.
Members of the GDSE [Alphabetical] —
Share prices:
As mentioned in the opening paragraph, we do not intend to simulate a free capital market in real-time. Furthermore, objectively and accurately assessing the value of a stock would require access to equally as objective and accurate fundamentals that don't exist on NationStates, since this is a world of fiction where we make up most of our statistics. Therefore, the simulation of share price is not something that we plan on getting into.
That being said, share prices is something a lot of players are likely going to want to reference. This is okay and expected.
How is share price computed? In the real world, share prices are a complex function of many variables: current earnings, expected earnings, revenue, non-revenue growth financials, et cetera. Furthermore, share prices often take their cue from the movement of other financial instruments, such as futures, and how they are manipulated. You are free to justify whatever share price based on the window dressing you've developed for your firm(s), however to avoid contests of "who has the biggest company," "who is financially superior," and all other possible iterations of muscle contests, it's important to understand that share price is not a measure of total financial strength or company size. Having a higher share price doesn't necessarily make your company better. At its most basic, the initial offering price of a share is more-or-less the value of the total amount of company wealth that it is willing to sell, divided by the total amount of shares its selling for control of this wealth. So, if you are selling about $7 million worth of your company wealth to raise capital, and you're selling 1 million shares, then the price per share will be roughly $7. This will fluctuate in accordance with supply and demand, but this is roughly speaking how your share price would be computed. Notice what the share price doesn't tell you — how much of the company's total weal that $7 million represents. Thus, the share price or the number of shares is not indicative at all of the firm's bigger picture.
ICly, the GDSE is an auction-based stock exchange that caters to the region's largest companies, with the intention of facilitating intra-regional capitalization. It also publishes its own index, although others with their own formulas undoubtedly exist, which is weighted for market capitalization and other variables, including price and volatility. This thread is not meant to set prices or mimic a free capital market, the machinery of the auction operates in the background. Rather, this thread is meant as a financial news thread specific to the companies who claim membership to the GDSE. Every player in Greater Díenstad is eligible for at least one company on the GDSE, and the longer you've been around the more companies you are likely eligible for.
Who we are and membership criteria:
The Greater Díenstad Stock Exchange (GDSE) is an exclusive exchange where select firms and brokers can buy and sell stock securities. Founded by the Greater Díenstadi Stock Exchange (GDSE) Act, its membership is constrained to firms that fulfill the following criteria —
- Eligible companies must already have a minimum of 15 million publicly traded shares on a major domestic stock market.
- The value of publicly traded shares must have a market capitalization of at least 1.4 billion.
- A share listed on the GDSE must have a minimum value of $4 share.
- A fee of $0.001 will be charged on all listings and, therefore, transactions.
Additional OOC criteria: What truly determines membership? After all, we can just claim that countless of our national companies are large enough to meet those criteria. To avoid any possible and innovative abuse of this thread and institution, players are capped to the number of companies they can claim sell shares in the GDSE. The cap is entirely based on seniority, which on NationStates is measurable through population, and the advantage of seniority steeply declines as population numbers get into the billions.
Population caps are —
- 5–500 million — 1
- 500 to 1 billion — 2
- 1–5 billion — 3
- 6–15 billion — 4
- 15–30 billion — 5
- 30 billion+ — 6
Membership roll:
To submit for membership, you may use the following template and reply to this thread. OOCly, players are held to an honor code as to whether their company meets the IC criteria. Rejection is almost entirely based on whether you've already met your quota based on OOC population criteria. You may delist and introduce new companies, and this should be done through in-character roleplay. The new company can apply using the following template after the old company has roleplayed its delisting and this has been acknowledged by the OP.
Please submit one company at a time.
- Code: Select all
Mr. Lionel Valera,
I request membership rights to raise capital on the Greater Díenstad Stock Exchange on behalf of [company name]. We are a [type of company/the industry], with headquarters in [city, state/province/region].
Kind regards,
[Name of head of company], [title/position]
Members of the GDSE [Alphabetical] —
- Accelafeed [ACC] (Beda Fromm, Beda Fromm, The Golden Throne)
Social Media & Social Networking Service
Al'Lanko Fedema, CEO - AEI SA [AEI] (Hérault Saint-Pons, Frontignan Grand Arrondissement, Castillian Federation)
Armaments and Defense
Hélène Pélissard, PDG - Arvolken Reichsbank Gruppe AG [ARG] (Imperial Estate of Mühlhude, The Imperial Unity)
Investment Banking and Financial Services
Adolf Fischer, Group President - Cartoon Imperial Studios [CIS] (Acme Falls, Acme Island, Cartoonia)
Film
Duke Phillips, CEO - Civitas Automobile AG [CIV] (Mitterling, Imperial Estate of Saal, The Imperial Unity)
Automotive and Transportation
Sigimund Schenk, President - Contrex [CTX] (Tarn, The Golden Throne)
Private Military Contractor
Cecil Delareaux, CEO - Defensa Popul E. E [DPE] (Gustavopol, Gustavopol Special Province, Democratic People's Republic of Gustavovich)
Arms Manufacturer
Alexsandr Pavlovich Konstantik, Director - Díenbank [DBK] (Komil Jehora, Díenstad, The Golden Throne)
Finance
Renalt Verstapen, Chairman - GazArg [GAZ] (Kashgar, Republic of Kolechia)
Energy (Oil and Gas)
Adam Kuriyev, CEO - Grup Kartago [GKG] (Fedala, Imperial Province, The Golden Throne)
Automotive
Tíergen Ferber, CEO - IG Farben [IGF] (Frakenstadt, Ordena)
Chemical and Pharmaceuticals
Hermann Bosch, CEO - Ikheria National Telecom and Telephone [IKT] (Yeltsingrad, Ikheria)
Telecommunications
Herman Sadikin, Head Director Board of INTTC - Montana Incorporated [MTI] (Bogota, Colombia, El Sur de Gran Mokastana, People's Unified Federation)
Pharmaceuticals
Antonio Montana, CEO - Navitek [NAV] (Targul Frumos, Targul Frumos, The Golden Throne)
Construction and Infrastructure
Artur v'Indro, CEO - OTR [OTR] (Kelso, Eitoan)
Technology
Mark Zdrev, CEO - Pharmacy Farmers Financial [PFF] (Bogota, Colombia, El Sur de Gran Mokastana, People's Unified Federation)
Finance
Kia Ontiveros, CEO - Pythia [PTH] (Macabea, Díenstad, The Golden Throne)
Search Engine & Data Clearinghouse Union
Dinvilo Llasp, CEO - Rheinmetall AG [RAG] (Berlina, Ordena, United World Order)
Defense and Automotive Manufacturing
Johann Röchling, CEO - SDI AG [SDI] (Isenstadt, Arcaenia)
Defense and Aerospace
Marcus Ljungström, CEO - Stern AG [STN] (Adefurt, Imperial Estate of Adefurt, The Imperial Unity)
Defence and Transportation
Ingo Sauer, Group President - Sternguard [SGD] (Stevid Capita, Stevidia, The Holy Empire)
Private Military Contractor
Lysidamus Vinicius, Grand Master (CEO) - Voiture Castillia SA [VCS] (Bolloré, Province de Renault, Castillian Federation)
Automotive
Michel Le Maire, PDG - Volkswagen AG [VLK] (Baden, Ordena)
Automotive
Karl Pfluger, CEO
Share prices:
As mentioned in the opening paragraph, we do not intend to simulate a free capital market in real-time. Furthermore, objectively and accurately assessing the value of a stock would require access to equally as objective and accurate fundamentals that don't exist on NationStates, since this is a world of fiction where we make up most of our statistics. Therefore, the simulation of share price is not something that we plan on getting into.
That being said, share prices is something a lot of players are likely going to want to reference. This is okay and expected.
How is share price computed? In the real world, share prices are a complex function of many variables: current earnings, expected earnings, revenue, non-revenue growth financials, et cetera. Furthermore, share prices often take their cue from the movement of other financial instruments, such as futures, and how they are manipulated. You are free to justify whatever share price based on the window dressing you've developed for your firm(s), however to avoid contests of "who has the biggest company," "who is financially superior," and all other possible iterations of muscle contests, it's important to understand that share price is not a measure of total financial strength or company size. Having a higher share price doesn't necessarily make your company better. At its most basic, the initial offering price of a share is more-or-less the value of the total amount of company wealth that it is willing to sell, divided by the total amount of shares its selling for control of this wealth. So, if you are selling about $7 million worth of your company wealth to raise capital, and you're selling 1 million shares, then the price per share will be roughly $7. This will fluctuate in accordance with supply and demand, but this is roughly speaking how your share price would be computed. Notice what the share price doesn't tell you — how much of the company's total weal that $7 million represents. Thus, the share price or the number of shares is not indicative at all of the firm's bigger picture.
