Cricket Stock Exchange
Encyclopedia
The Cricket Stock Exchange, or CricStock, is an online trading game which works on the principles of a stock market
. The website was launched ahead of 2007 ICC Cricket World Cup.
On CricStock, (virtual) shares of cricketers (called player-stocks) are listed, allowing users to trade those shares. The movement in ‘stock prices’ of cricketers is supposed to reflect their recent performance on field and how cricket fans expect their performance to be in future e.g. fall in stock price of a cricketer might indicate that the cricketer is not performing well of late, and fans don’t expect him to return to form as well in near future.
CricStock uses virtual money for all trading purpose, and there is no exchange of real money involved at any stage of the game.
The registered users of the websites, also called the traders, can gain (or lose) money by selling the shares of the cricketers at higher (or lower) price than purchase price of those shares.
Registered users also get dividends on the shares they hold. These dividends depend upon the actual performance of cricketers in ongoing cricket matches.
Stock market
A stock market or equity market is a public entity for the trading of company stock and derivatives at an agreed price; these are securities listed on a stock exchange as well as those only traded privately.The size of the world stock market was estimated at about $36.6 trillion...
. The website was launched ahead of 2007 ICC Cricket World Cup.
On CricStock, (virtual) shares of cricketers (called player-stocks) are listed, allowing users to trade those shares. The movement in ‘stock prices’ of cricketers is supposed to reflect their recent performance on field and how cricket fans expect their performance to be in future e.g. fall in stock price of a cricketer might indicate that the cricketer is not performing well of late, and fans don’t expect him to return to form as well in near future.
CricStock uses virtual money for all trading purpose, and there is no exchange of real money involved at any stage of the game.
Basics of the game
CricStock lists virtual shares of all international cricketers on its stock exchange. A person, after registration on the website, gets an amount of virtual money that he can use to buy shares of these cricketers.The registered users of the websites, also called the traders, can gain (or lose) money by selling the shares of the cricketers at higher (or lower) price than purchase price of those shares.
Registered users also get dividends on the shares they hold. These dividends depend upon the actual performance of cricketers in ongoing cricket matches.
External links
- CricStock - Cricket Stock Exchange
- Rediff writes about CricStock
- Yahoo writes about CricStock
- Cricinfo reports about CricStock
- The Economic Times report on CricStock
- Financial Express report on CricStock
- CricStock's review by India's leading tech website
- News about CricStock on moneycontrol.com
- Daily Times of Pakistan features CricStock
- News about CricStock on PagalGuy - India's leading website for MBA students and aspirants
- Agencyfaqs writes about CricStock
- IIM Ahmedabad Alumni website features CricStock