IPO Cap Rule

The simExchange features a two part IPO system--the second part is a day in which the price of a stock or future is fixed all day. The purpose of this phase was originally to allow everyone an opportunity to take a position in a contact from the beginning at the same price, regardless of the time of day a player logs onto the simExchange.

However, one side effect is that players can take an unlimited position at a fixed price, which greatly hinders the discovery of a true prediction. To solve this problem, the simExchange is instituting a cap on the amount a player can acquire or short in the Phase 2 IPO to 200,000 DKP worth of shares or contracts. This rule is now effective.