Financial Data

Simulation Games

"p.s.--your software is so 'lifelike'; it is almost as if one were viewing the 'real' ticker from the NYSE!" -- Jack B. (User, in Alberta)

Learn all about the highly sophisticated and completely addictive stock market with the corporate financial simulation games known as "Wall Street Raider" and "Speculator." These Windows games from Ronin Software are widely recognized as the ultimate in sophisticated financial simulations. 

Wall Street Raider

Wall Street Raider

"Wall Street Raider" is the sophisticated corporate finance and stock market simulation game, with realistic mergers, tender offers, liquidations, LBOs, IPOs, greenmail, spin-offs, tax strategizing, and all the other tools of high corporate finance. All action occurs in a "live action" economic environment, with a moving simulated stock ticker and scrolling news ticker. Sharpen your business I.Q. and your investing skills with this extraordinarily realistic and addictive simulator. 

In "Wall Street Raider," you start out as a billionaire and can immediately take over and manage companies, seeking to increase their earnings and stock prices, as well as passively investing and trading, while "Speculator" is purely an investment and trading game, where you start out with only a $100,000  inheritance, as a "newbie" investor.

Download and try a free copy of the "Wall Street Raider" shareware version, the basic version with simulated stock and bond trading, commodity futures (gold, silver, oil, wheat, corn) trading, and all types of complex corporate transactions enabled (mergers, spin-offs, liquidations, etc.).

Or get your copy of the full version of "Wall Street Raider," which also enables stock and commodity charts, short selling, and put and call options trading, plus other derivatives trading (interest rate swaps), in addition to the stock, bond, and commodity futures trading permitted in the basic (free) version.

shareware version $21.95 Version $29.95 Version $15.00 Manual


"Speculator" is the stock trading simulation game, with a simulated "live" investment environment that is similar to "Wall Street Raider." In "Speculator," you are a middle-class, small investor, starting as a novice, with only $100,000 you have just inherited.

It's a highly challenging game since you are strictly an investor, not a billionaire who can take over companies and manipulate their stock prices or dominate entire industries. As such, in this simulation, you have to do proper investment research, perusing information on the 1000+ companies, to sniff out undervalued stocks and bonds (including convertible bonds) to get ahead. The game is remarkably realistic and will hone your "real world" investing skills, as you learn to read balance sheets and earnings reports and analyze stock and commodity charts.

Initially, as a novice trader in "Speculator," you can only invest in stocks and bonds and aren't allowed to buy stocks on "margin" (borrowed money). As you increase your portfolio, your broker, McSwindle, Churn & Tout, will gradually allow you to use riskier and more advanced strategies, initially using margin debt, then short-selling of stocks, then options trading, and if you grow your account to $500,000 or more, you will be allowed to engage in VERY risky commodity futures trading.


Who plays "Wall Street Raider"? The game for Windows XP, Vista, Windows 7/8/10, is played by registered users, ranging from nine-year-olds to hedge fund managers and corporate CEOs in 103 countries and territories around the world.

This Wall Street investment simulation is widely recognized as the ultimate in sophisticated financial simulations. It's a corporate takeover and stock market game, in which players strive to build their corporate empires by fair means or foul, all the while trying to stay one step ahead of the SEC, IRS, Justice Department, EPA, Congress, powerful unions, corrupt governments, and ruthless competitors who will crush you if you fall into a weakened financial state. You must also survive various man-made and natural calamities and economic disasters.

2019 Update

Version 8.57 of "Wall Street Raider" is now available, and versions 8.00 and higher now allow you to invest in convertible bonds or have your companies issue convertible bonds. Other new features include the ability to reset the default currency exchange rates and a new stock price alert feature which will alert you when a stock reaches a price you have specified.

Mainly, however, the focus in versions 8.00 and higher is on increased realism, especially with regard to trading derivatives (options, futures, and swaps). Other features added in recent upgrade releases have included:

  • The ability to set asset allocation percentages for various asset classes, for any bank you control, which the bank will strive to maintain, except in extreme conditions when doing so would be too risky
  • A "cheat menu" that lets you engage in nefarious behavior, such as "insider trading" -- paying serious money for tips on upcoming mergers or major turnarounds at certain companies, for a quick kill trade -- but risking possible prosecution and massive fines
  • The option to play against multiple (up to four) computer players
  • One-year cash flow projections for players
  • Performance rankings of ETFs
  • Players or their companies can now list stocks or assets for possible sale to other players or companies or buy items offered by other players or companies that are "listed" as being for sale
  • It is possible now to "look under the hood," at corporate data to see which companies have positions in all of the various types of assets or contracts (such as interest rate swaps, futures, options, subsidiary holdings, etc.)
  • An ability to put companies you control on "autopilot" (self-managed—by the program), when your corporate empire grows to include more companies than you can effectively manage yourself
  • Stock index futures trading
  • Investment management contracts for financial companies that manage ETFs
  • Five-year charts for the stocks of each of the 1590 companies in the simulation, plus tables for commodities, interest rates, GDP growth rates, the Stock Index, and each player's net worth
  • Players or companies can now invest in any of 15 ETFs (Exchange-Traded Funds, or investment companies, each investing in a particular sector)
  • Interest rate swaps (derivatives—"bets" on future interest rates) that you negotiate have been added as another tool for hedging or speculation.
  • Commodity futures trading was added on oil, metals, and grains, plus hedging of those commodities by companies that use or produce them. Buying and storing of physical commodities for all companies except banks and insurers is now possible
  • A player can be granted executive stock options after becoming CEO of a company, and CEO bonuses are now more closely correlated to company earnings performance
  • Short-selling and highly realistic put and call options trading were added
  • For a detailed description of new features in recent versions, click here