Chapter 676
Any objections p>
Harvey’s three roommates all decided to enter, prompting Zachary Boone to ask the others if they could float him a loan.
In theory, you could start trading with just a few bucks, but The Public Exchange required a minimum purchase of one hundred shares per block.
If your starting capital was too low, your options were severely restricted, and the commission fees would eat up an unbalanced percentage of your funds.
Plus, whatever meager profits you scraped together would quickly be devoured by Market Levies.
Therefore, the recommended starting baseline for beginners was around five thousand dollars, scaling up to fifty thousand as they advanced.
Zachary technically had five grand, but that was meant to cover his entire
semester’s living expenses.
“If you don’t have the cash, sit this one out. You don’t want to blow your food money and end up starving p>
an older student nearby bluntly warned him.
“But I want to give it a shot p>
Like Mira, Harvey’s roommates were all considering a double major in finance,
which meant they desperately needed the practical experience.
“You’ve never traded before. You shouldn’t jump into a live account right away. Skip the competition and practice on a simulator privately p>
the older student suggested again.
“Alright, I’ll take your advice p>
Zachary knew his roommates would gladly lend him the money if he just asked. Even if he blew up his account, they wouldn’t hound him for repayment.
But he wasn’t the type to take loans he couldn’t comfortably pay back.
Eager to join the action, Leah and Elara Finn followed Zachary’s lead, opting for the Paper Trading Simulator to test the waters.
Just then, a girl raised her hand. “Is there a headcount limit? Like, a minimum number of participants required p>
Wesley answered, “We need at least twenty people, with no maximum cap. The more, the merrier.
If we don’t hit the twenty-person mark, the event is canceled p>
The registration process was straightforward everyone just replied in the group chat to secure their spot.
If anyone needed to drop out mid-way, that was perfectly fine, too.
Wesley had initially planned to use this opportunity to quietly test some analytical models for someone else. He hadn’t expected the situation to Snowball like this, but a small scale high-stakes tournament was still a win
The only catch was that it cost Mira and Harvey a staggering hundred grand to
make it happen.
However, this massive influx of cash instantly dissolved the veterans’ icy indifference toward the new recruits.
After registering, Mira, Harvey, and their group packed up to leave, only to be intercepted by several upperclassmen eager to strike up a conversation.
Wesley and Quentin walked over to them. “So, what are your thoughts on today p>
Harvey grinned. “It’s only fun if there’s competition and real stakes.
Societies thrive on debate, feedback, and analysis. Listening to the insights from you veterans is the only way we beginners actually learn anything.
Otherwise, this whole club is pointless p>
Mira nodded in agreement. “I’m on the same page as Harvey.
Beyond just competing, we should be analyzing real-world financial sectors together. But we’re going to need the upperclassmen to lead those deep dives.
Bringing in more grad students like you guys is going to be incredibly beneficial for the society moving forward.
Also, Solflare Capital could be an excellent testing ground for everyone p>
“Solflare Capital is fantastic, but their quotas are notoriously hard to grab,” Wesley pointed out.
As finance majors, they were all heavily plugged into the industry’s pulse.
“I can actually pull some strings and get them to release a few slots for us to analyze, discuss, and practice with.
We could even bring their active market problems into your classrooms and have your professors dissect them p>
The students at Aethelgard
University were all brilliant minds. If
their brainstorming was properly
filtered and refined, it could yield. highly actionable strategies for the company.
A closed-off corporate ecosystem
would eventually stagnate. Even et
Volnét
with her vast foresight, Mira knew better than to ignore the power of fresh, academic perspectives.
“Hahaha, you’ve got this all figured out, Miss Mercer.
It honestly makes me wonder if you’re secretly a top executive or a fund manager at Solflare Capital p>
After all, farming out complex corporate problems to professional analysts usually cost an absolute fortune.
And actually purchasing their tailored solutions cost even more.