Many players have reported issues when submitting a game for listing. The problem resulted in a plain white screen with an error that often made players think their submission was not successful. This bug is believed to be fixed now.

New achievements for participating in the community have now been established. Reaching a new level not only awards you DKP, but will unlock abilities for the upcoming wiki feature.

Achievement	Award	Referrer's Award	Ability
Level 1	10,000 DKP	10,000 DKP	None
Level 2	25,000 DKP	25,000 DKP	Submit detail changes
Level 3	100,000 DKP	100,000 DKP	Submit summary changes
Level 4	250,000 DKP	250,000 DKP	Approve detail changes
Level 5	500,000 DKP	500,000 DKP	Approve summary changes

May 7, Monday: Capcom’s Resident Evil 4: Wii Edition will debut on the simExchange for 70 DKP. Leon Kennedy must save the President's daughter from a mysterious and dangerous cult in the Wii edition of the 2005 game. ?All the extras from the PlayStation 2 version are included and the Gamecube visuals have been improved with true widescreen. The edition features precision aiming using the Wii remote. Knife controls have been improved with an auto-lock to slice nearby Ganados. Interactive cut-scenes now have motion gestures as well. Listing was submitted by Laoldar.

May 8, Tuesday: Microsoft's Fable 2 (Xbox 360) will debut on the simExchange for 250 DKP. The sequel to 2004’s hit RPG for the Xbox, Fable 2 returns with the same game play concept but set in the colonial era. New to the franchise is the ability to start a family and a lifelong pet. Fable is an American style RPG that features advancing from a young child to a grown adult with the choice to become good or evil. The listing was submitted by Omega.

May 9, Wednesday: Sony’s LittleBigPlanet (PS3) will debut on the simExchange for 50 DKP. LittleBig Planet is a new property for the PS3. The game is a platformer in which the players control characters with various abilities that can manipulate the environment. Players work co-operatively to overcome obstacles to complete a stage. LittleBigWorld also allows players to create their own stages and share them online. The listing was submitted by Joe80.

May 10, Thursday: Nintendo's Animal Crossing(Wii) will debut on the simExchange for 250 DKP. Animal Crossing (Wii) is the next iteration of the hit Animal Crossing, which sold multiple millions of copies on the Nintendo DS and Gamecube. Animal Crossing is an open-ended life simulator game in which the player tries to build up a house. You can customize your wallpaper and flooring. Expand the size of the house and fill it with more furniture and décor. The game also focuses on interaction with your neighboring villagers. The listing was submitted by Zukaus.

May 11, Friday: Konami’s Castlevania: The Dracula X Chronicles (PSP) will debut on the simExchange for 60 DKP. Castlevania: The Dracula X Chronicles is a remake of the acclaimed, PC game, Rondo of Blood. The remake will feature new 3D graphics but retain the game play of the classic Castlevania platformers. The Dracula X Chronicles will ship with the original 2D version of the game and a straight port of PlayStation’s Symphony of the Night, featuring full-screen graphics and a touched-up localization. The listing was submitted by kaiserblack.

A new Press Coverage page has been added to organize a selection of media that have written about the simExchange. The page is organized chronologically. Know of articles that aren't listed? Let us know!

Leading gaming site 1UP.com has published a story discussing the relevance of the simExchange to gamers as "fantasy football for the games industry" and to the games industry as "a tool. . .to gauge public opinion before making their marketing or production decisions." The author, Alan Wong, also explains the role financial markets play in aggregating information, from real futures markets to the defunct terrorism futures market.

We're going to start listing the week's IPOs in a single blog post at the beginning of the week. The coverage of each game in the blog will be shorter as we migrate to a new Wiki system for game summaries and information. The simExchange game stock IPOs for the week of April 30 are:

April 30, Monday: Level 5’s new IP, Professor Layton and the Mysterious Village (DS), will debut on the simExchange for 75 DKP. It was released in Japan on February 15, 2007. The player takes the role of Professor Layton and a boy named Ruke who set forth to a mysterious village in search of an inheritance. The game involves mysteries and puzzles in the form of geometry, number, and quiz games. The listing was submitted by Joe80.

May 1, Tuesday: Sega’s Nights: Journey of Dreams for the Wii is the long-awaited sequel to the highly acclaimed Nights Into Dreams that was released for the Sega Saturn in 1996. The game's story follows two children entering a dream world in order to prevent the real world being taken over. They are aided by the eponymous being, Nights, an androgynous flying acrobat. The game’s stock will debut at 100 DKP. The listing was submitted by Jayen.

May 2, Wednesday: White Knight Story (PS3) is Level 5’s first RPG for the PlayStation 3. The game tells the story of a boy who finds an ancient artifact that can transform him into the White Knight. White Knight Story will feature real-time combat in which a player can assign orders for characters using a Function Palette. You can assume control of a single character in combat while the AI controls your other party members. The stock will debut at 100 DKP. The listing was submitted by Zukaus.

May 3, Thursday: Electronic Arts Inc (NASDAQ: ERTS) will be publishing Valve’s Half-Life 2 for the Xbox 360 & PS3 in a premium package called The Orange Box. The Orange Box includes Half-Life 2, Episode One, Episode Two, Portal, and Team Fortress 2. The games will debut at 100 DKP for the Xbox 360 version and 70 DKP for the PS3 version. The listing was submitted by Joe80.

May 4, Friday: Square Enix’s Final Fantasy Tactics: The Lion War will debut at 120 DKP. The Lion War is a strategy-based RPG designed for the PSP. The game is said to be an updated version of Final Fantasy Tactics (PS) and is part of the Ivalice Alliance campaign of games featuring the Ivalice world. This version features the Onion Knight from Final Fantasy III (DS) and the Dark Knight classes. The listing was submitted by presage.

The simExchange has become really hip by creating its own Facebook Group. Everyone is welcome to join the simExchange Facebook Group and invite others to learn about the simExchange, your favorite video game prediction market. Maybe your friends won’t join the simExchange, but they might know people who may be interested in a video game trading game. Invite them to the simExchange Facebook group today!

A simExchange player (jayen) recently asked about how prices adjust in the real stock market compared to how trading on the simExchange works. This question came from a special event yesterday following Ubisoft Entertainment's earnings announcement. Ubisoft had announced that it has sold 950,000 copies of Red Steel when the stock was only forecasting 478,600 copies (47.86 DKP). This resulted in a free arbitrage opportunity in which anyone buying the stock would be locking in guaranteed gains.

At the same time, anyone selling the stock at 47.86 DKP would be giving away money. Naturally, no rational person would be selling at 47.86 DKP if the news already reveals the stock should be worth over 95.00 DKP. Unfortunately, the simExchange relies on NPC market makers (NPC is a gaming term meaning "Non-Player Character") that do not take news into account when they make markets and so the prices would not immediately reflect the news unless traders bought every automated ask order up to 95 DKP.

Remember, stock markets function in an auction system where a bidder and seller each have a price they are willing to buy and sell at. When there is a match--a buyer and a seller willing to transact at the same price--a trade is filled. Due to these mechanics, a stock’s price can easily jump from one trade to the next as the last traded price does not directly affect what price buyers and sellers can trade at next.

Following large news events, such as earnings releases, you will often see a jump in the stock price. A stock may have just traded at $100. News is released that shows the company is growing much faster than previously believed. The market makers now believe the stock is worth around $120 a share. They don’t just keep posting sell orders around $100 and let buyers gradually push the price of the stock to $100, they immediately post that they are willing to sell at no less than $120 a share. Buyers who believe the stock is worth more than $120 a share will immediately adjust their bid orders to $120 as they know they are not going to get the shares at $100. The stock price would immediately jump from $100 to $120 with no trades at any price in between.

As previously mentioned, the NPC market makers on the simExchange are not aware of news that should adjust their bid and ask prices. It is unrealistic for them to keep posting sell orders below 95 DKP if the news already shows the stock should be worth 95 DKP. As a result, the bid and ask orders were manually adjusted to compensate for this new information, as would be done in the real stock market.

It is easiest to notice and understand this by viewing what are called Level II Quotes (advanced trading mode on the simExchange). This view lets you see the order book: the collection of orders people are posting as offers to buy or sell. A trade only fills when someone submits an order that matches an order in order book. If there are no sell orders submitted at 50 DKP, then you cannot buy at 50 DKP. You can always submit an order to buy at 50 DKP and wait for a seller to come by who is wiling to take your offer. However, if there are no orders to sell below 90 DKP, then 90 DKP is the only price you can immediately buy at. This system is often referred as a "double call auction."

Ubisoft Entertainment announced its earnings for its fiscal Q4 yesterday. In the report, Ubisoft said the company has sold 950,000 copies of Red Steel globally. This resulted in Red Steel (Wii) exploding 100.21% to 95.82 DKP (forecasts 958,200 copies sold globally) as the stock was previously only forecasting 478,600 copies. This news surprised the market as previous indications had only shown the game selling around 300,000 copies. Some traders speculated that Ubisoft was actually reporting the number of copies shipped to retailers and not those sold to customers. Red Steel’s stock rose as high as 103.08 DKP but is now down 6.66% today to 89.44 DKP.

You can now submit articles, images, and videos for unlisted games the same way you do for listed game stocks. You will be paid the same DKP for each submission as you would for listed game stocks (see Game Rules). Articles, images, and videos for unlisted games will appear in the Valued and Recent aggregators in the Game News section. These submissions will migrate over to a stock page if the game is listed for trading.