We used to have larger numbers of GLS stocks, but this dilutes the trading activity, which has severe consequences in the workability of a market.
If nobody is trading stock A, this makes it less likely any one else will trade stock A as they won't expect anyone to trade the stock after them. This is an illiquidity problem. If they do trade stock A, they will likely have their capital locked up in something that will not move, because other players are looking at stocks B, C, or D.
Fewer stocks also force more overlap in trading, concentrating traders to focus on those stocks that are available. The problem we face is basically that the more tradable stocks there are listed, the less and less likely people will be trading the same stocks. This results in less accurate forecasts and a less entertaining trading experience for the player as their stocks don't have any trades on a day to day basis.
However, we also want to list a breadth of stocks so that the games people want to trade are available. This has always been a delicate balance for us to ensure we maintain the depth of trading in each stock with a breadth of stocks that forecast what interest the industry and players.
1
We used to have larger numbers of GLS stocks, but this dilutes the trading activity, which has severe consequences in the workability of a market.
If nobody is trading stock A, this makes it less likely any one else will trade stock A as they won't expect anyone to trade the stock after them. This is an illiquidity problem. If they do trade stock A, they will likely have their capital locked up in something that will not move, because other players are looking at stocks B, C, or D.
Fewer stocks also force more overlap in trading, concentrating traders to focus on those stocks that are available. The problem we face is basically that the more tradable stocks there are listed, the less and less likely people will be trading the same stocks. This results in less accurate forecasts and a less entertaining trading experience for the player as their stocks don't have any trades on a day to day basis.
However, we also want to list a breadth of stocks so that the games people want to trade are available. This has always been a delicate balance for us to ensure we maintain the depth of trading in each stock with a breadth of stocks that forecast what interest the industry and players.