Stock Xchange

Stock Xchange‏‎

The Union Stock XChange is a part of the XChange and a semi official organization.

Companies can become public traded corporations and by issuing stock, raise capital and also share profit or losses with stock holders.

The Union Corporation law has been greatly simplified and corporations raise and fal have very little impact on Union economy.

1) Because there is a finite amount of money (Credits) . The value of the Union Credit is stable, it has not changed very much in the last 3000 years. A Union Credit issued in 2223 OTT is approximatley the same in buing power in 5050 OTT.

2) The government does not interfer with commerce and free market, other than a few trade and commerce laws. No matter how big or small a company is, the Government does not intervene in terms of financial assistance.

3) The board of Corporations: CEO, CFO, Presidents etc are legally responsible for their corporations.

4) Stock reflects the actual worth of the corporation. Issuing more stock than there is actual value is a felony.

5)Private banks may speculate, but the Union Bank is prohibited from engaging in any type of speculative banking.

6) Foreign and Non Union entities may not hold controlling stock. The person(s) must be reachable by Union Law.

Doing it via straw companies and entities is not possible, as whoever is in charge of the straw ompany is the person Union law will hold responsible for any crimes.