• Feb 28, 2008
Automotive research site Edmunds.com has taken a cue from the popularity of fantasy sports and applied it to what the site knows best: car sales. It has created what it calls the Car Stock Exchange, or CSX – an online game where members can buy and sell stock in upcoming automobiles, which is valued based on predicting the sales of particular models in the U.S. The money used in CSX exists only in the virtual world and new members receive $1,000,000 in funny money for joining. A stock price of CSX$1 equates to 1,000 units of predicted sales. Users can buy stock in vehicles, like the 2008 Smart fortwo or 2008 BMW M3, that they believe have a price below what the actual market sales numbers will illustrate. Stock can also be sold if the price increases beyond one's expectations. Currently the range of vehicle stocks available is not very wide, but IPO release dates are scheduled for more stock choices. The market software has a plethora of complex features, but the key feature of note is the prize giveaway. Yay, prizes! Each month the member with the highest percentage gain receives a reward, and a Nintendo Wii is on the line for the month of March. Edmunds gets points for a clever and original idea, and we've signed up hoping that our lunch hour will soon be supplanted by bouts of Wii Bowling. Thanks for the tip The Terrible Pig!

[Source: Edmunds.com]


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    • 1 Second Ago
  • 16 Comments
      shristocktips
      • 1 Year Ago
      Stock market are known for there volatility but ever wondered what makes share market volatile and what causes stock price to change? SHARE MARKET TIPS Intraday NSE BSE TIPS Stock market works on demand and supply model. This article covers price changing pattern of share market
      • 6 Years Ago
      An original idea?

      Hardly. They just copied the idea from Hollywood Exchange (HSX), which has been around since 1996.

      CSX probably licensed the idea and technology from HSX, anyway. From what I understand HSX is selling a platform for running exchanges like theirs on other topics.
      • 6 Years Ago
      hsx.com (Hollywood stock exchange) has been doing this for almost 10 years, where people buy stocks in movies to predict how they do. it's actually quite a bit more accurate than a few "experts" pretending that they know what the market wants/doesn't want.


      I'm off to set up an account and start shorting American car stocks... Lol.
      • 6 Years Ago
      Actually, this is pretty cool, however, I can't help but think that if I had as much time & enthusiam for a real stock market using real money I would be looking foward to a future more bright than Wii filled afternoons.

      I enjoy making light of Fantasy Football and I would be a hypocrite if I got involved.
      • 6 Years Ago
      Already joined and made gains!! Quite fun indeed! But I'll never buy BMW stock. ;)
      • 6 Years Ago
      I do believe the idea is a direct copy of http://www.thesimexchange.com/

      Just with cars instead of videogames. This is still a cool idea but please don't call it original.
      • 6 Years Ago
      So let me get this straight. Their idea of fun is predicting car sales? I guess that car salesmen and industry types, but the ordinary car bloke's supposed to get excited about guessing the number of cars sold. Well, I guess there are enough people who get their jollies that way, but the real "car guys" care more about the tech and driving than the business side of it. Of course, the world isn't made of car guys.
      • 6 Years Ago
      Cool! I'm already making money! :D

      • 6 Years Ago
      Sick... I didn't do too bad in the CNBC Million Dollar Challenge last year. This sounds like fun! I'm in!
      • 6 Years Ago
      wtf.... I rather if they have like a Gaia online where I can buy cars if I post random crap. Like a Renault Alpine oh man. And we get a 3d model of each car and... wow kind of like second life mixed with GT4 lol.
      • 3 Years Ago
      [blocked]
      sharemarketzone
      • 2 Years Ago
      Now find all top Indian stock market analyst with their stock market recommendations at one place
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