Stock market simulations have existed for about as long as the actual stock exchanges themselves have been around. however, it has only been newly, especially in the Internet age, that stock market simulators have come to the head.
With the dot.com explosion of the overdue 90's and the dot.com attack of 2000-2002, with most of those companies ahead fast because of stock pricings and IPO's, stock simulators began to develop so people could check theories lacking attempting money. Try new investment strategies and defeat-guide devices lacking actually putting something at attempt.
When the attack occurred - people went to the simulators and began investing more time to make them more accurate, to try and expose what had occured. The simulators became living stock markets themselves, with a 20 precise delayed quote from the NYSE of course :) The companies operation these simulators did not want people pulling live data off the game, then open to another crowd and investing, therefore down the commission.
Because at the foot line, that is what all this comes down to - how can we entertain you long enough for you to feel positive so you will then invest your money through us so we may profit commission? Stock market simulators are all about confidence. Once you can play the sim right, you can feel positive enough to put your money down and play the real market - hopefully with the same product a the sim, a profit fairly than a defeat.
However ... if that is the crate, why are there also Fantasy stock markets, where you buy and retail gear that are in no way possibly real or even have a destiny to be real? Because the very thing that makes a fantasy market false is that which pulls you in - the destiny to envision you can buy or retail what commodity they submit.
Whether the market is submiting shares in the next big notoriety, current run Hollywood movies, upcoming actions that may never occur (Like Arnie befitting leader), the drop Primetime TV show schedule, current news actions or even the next big pursuit deindicatorate - these markets submit such an false opinion that it fascinates people and draws them in to explore it expand ... and possibly holiday a while, play the game, and like themselves.
The advance of fantasy stock markets and stock market simulators has not slowed - every week another simulator or fantasy market comes to life - and every week people indicator on to play the imaginary fiscal or fantasy world that has been produced. Not just to learn how to invest prudently, but to like what has been produced and to play in someboy also's sandbox - and see what your castle can look like when you're done.