The McMurdo Stock Exchange (MCSE) is a proposed stock market to be located in McMurdo City. It will be similar to the Bermuda Stock Exchange in that it will be an electronic offshore securities market. It will also involve trading in businesses that are illegal in most parts of the world, such as marijuana and companies that trade in products that infringe on international patents and copyrights. Since the Federated States does not recognize these patents and copyrights, this activity is legal within the Federation.
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