Why is the financial market important

In Anno1777 the financial market is a mechanism that allows people to buy and sell  financial securities (such as stocks and bonds) open bank accounts  or exchange currency on the currency exchange market. With a very competitive market economy it allows many interested buyers and sellers to meet in one “place”, thus making it easier for them to find each other and trade their “goods”.

The capital market in anno consists of :

– Currency exchange market – it allows people to exchange different types of currency (EURO/GOLD or Local Currency)  wich means a party purchases a quantity of one currency by paying a quantity of another currency To exchange any  type of currency go to Financial Market tab in the main menu and select the currency exchange section.

– Banks – allows people to take loans to open current accounts or to make deposits, you can find the bank section by going to the financial marekt tab in the main menu and selecting  Banks , there you will find three tabs loans , accounts and deposits.

-Stock market – The securities traded on the stock exchange market section are shares wich may or may not  provide income to their owners.Finding out wich shares are worth buying may prove essential if you plan on becoming a stock exchange broker. To find the Stock exchange market section go to Financial Market tab in the main menu and select “Shares” tab , there you will find listed all available shares for sale and details like current owner , number of current stocks for sale and the price/1share .To buy shares  you need to fill in the quantity you wish to aquire and press the buy button.Share prices tend to rise or remain stable when companies and the economy in general show signs of stability and growth.

– Bonds market – Bonds are financial titles issued by the governments. With these bonds a government basically loans money from players. You will receive interests when owning a bond , bonds are guaranteed by the system. Bonds are issued in gold or local currency and have a nominal value of 1. Each day you own a bond you will receive an interest specified by the issuing government. Basically a bond is a formal contract to repay borrowed money with interest at fixed intervals. To buy bonds go to Financial Market tab in the main menu and select “Bonds” section.

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