Midaranye Commodity Exchange (MCE)

[Markus]

The HQ of the Midaranye Commodity Exchange (MCE), Ipsus, Royal Seleucid

The Midaranye Commodity Exchange was founded in 2018 after months of negotiations between investors form Tamora and Royal Seleucid. The aim of the MCE is to provide businesses in Midaranye and beyond a place where they can buy or sell their goods (oil, gas, agricultural products, minerals) and reduce the oligopoly present on FX markets by increasing the use of the RS Drachma as all transactions of MCE will be done in the Seleucid Drachma.

MCE at a glance:
Founded: 2018
HQ: Royal Seleucid
Shareholder structure: 50% private investors from RS, 40% private investors (Dabiri, Polakis and others) from Tamora, 5% private investors from Zimalia, 5% the Zimalian government.
Commodities traded: Oil, gas, agricultural products, minerals.

[Markus]

Week 1 trading summary[1]:

The commodity market was very active this week with ten Tamoran trading companies and one Dragonaii trading every single day. Traders had plenty of opportunities to make money as news from Alba Karinya and the new terrorist organization active there has initially sent prices soaring before inevitably returning to more “reasonable” levels. However, throughout the week there was a constant string of bad news: the recent strike in Zimalia has made some analysts wonder if the Tamoran mining ventures there could be affected and thus supply temporary lowered. Some feared that the whole situation could escalate to a civil war in Zimalia considering the authoritarian tendencies of the Zimalian president. While the recent speculations that EM(East Moreland) might still be developing nuclear weapons did not influence the markets as traders either did not believe the information or where unconcerned with EM potentially keeping its nuclear deterrent, the market did react with a spike in prices when it leaked that apparently the Lakhzovian government had information about terrorist attacks and allegedly was slow to react with some critics going so was as saying they deliberately ignored the information.

Under such a bullish market for communities it is perhaps of little surprise that both Drakon Imperial Commerce company and Polakis Trading made millions by buying commodities, with the Drakon Imperial Commerce company beating all expectations and making an incredible 20% profit at the end of the week.

1.	IC explanation to the results of the round 1 minigame.

[Markus]

Week 2 trading summary[1]:

The commodity market was not as volatile as the previous week but that didn’t mean there were less opportunities for the companies trading on the exchange to make money. Proof of that was the increase in the active number of companies from 11 to 17. With four Quintelian and two Pardclinian companies deciding to trade on the exchange. Among the newcomers, a special mention is Dizon Conglomerate, a large Quintelian company that alongside Polakis Trading and Drakon Imperial Commerce now form the three big players of MCE.

While the week was less volatile than the previous one it was by no means uneventful: in Xaeth some members of the local Maori community marched in protest of what they perceive as unjust treatment by their government while the government of Kataine lost to the Theocracy of Kataine a small but strategic city in the East of the country with experts worrying that the war could expand in other areas and destabilize the country. Another important event was the whale hunt of Nya Aland. While the event by itself carries no importance to the global economy or commodity market, it remain an important event for its controversial status and the potential for it to escalate into a war of sanctions over the issue of animals rights. This year however, the fears proved unfounded. The biggest event of the week however was the report in the SICR press that at least one party in their legislative body would be willing to consider a first strike against Rokkenjima under certain specific circumstances. That worried many around Mundus and the short spike in prices that followed was a great opportunity for traders.

By the end of the week, depending of the commodity some ended up trading lower that than at the start of the week while others higher. The same could be said about the major companies trading on the exchange with Drakon Imperial Commerce and especially Dizon Conglomerate (which ended the week with an amazing 30% profit) making millions while Polakis Trading and Globe Telecommunications Services Corporation both ended up in the red with relatively minor losses. 

1.	IC explanation to the results of the round 2 minigame.