# Exchange: The Long Position — Trade the frontier markets

> Trade the frontier markets (iPhone/iPad app by Sabya Das.)

- Source: https://appshunter.io/ios/app/exchange-the-long-position/id6780404533 (this page in markdown: same URL + `.md`)
- Developer: [Sabya Das](https://appshunter.io/developer/1895706830)
- Category: Games, Simulation, Strategy
- Price: $7.99
- Age rating: 12+
- Requires: iOS 17.0 · 4 MB
- Languages: American English
- Released: 2026-06-26
- Data updated: 2026-07-24
- User reviews in markdown: https://appshunter.io/ios/app/exchange-the-long-position/id6780404533/reviews.md

## What is Exchange?

Exchange is a frontier commodities-trading incremental game. You are a lone trader building a fortune on a network of markets where prices move every day — driven by trends, cycles, volatility, and sudden news shocks.

Read the regimes and allocate: buy low, sell high, and ship goods between markets to capture spreads. But arbitrage is never free — goods are locked in transit for days, so every spread is a timing bet.

Manage real risk. Borrow on margin to amplify returns, but mind your maintenance margin: fall below it and your positions are force-sold. Push too hard and a margin call becomes bankruptcy.

Retire and Refound to bank Reputation, scaled by your peak net worth, and spend it on permanent edges: more starting capital, cheaper fees and shipping, a bigger credit line, short selling, futures, optional securities desks, and rule-based automation so the late game runs hands-off.

Features:
• Five markets, ten commodity complexes, each with its own price regime
• Inter-market shipping with route modes, transit time, cost, and arrival moments
• Delivery contracts, closing auctions, and net opportunity scoring
• Leverage, interest, margin calls, and the genuine risk of ruin
• Short selling, futures, and optional paper desks unlocked through prestige
• Standing-order automation for hands-off trading
• A deterministic, seeded simulation — runs play out reproducibly
• Offline progress: the markets keep moving while you're away

Trade well.


## Version history (last 1 release)

### 1.1 — 2026-07-16

No release notes.

## More apps by Sabya Das

- [Pilots: Ascension](https://appshunter.io/ios/app/pilots-ascension/id6780322889)

All apps by Sabya Das: https://appshunter.io/developer/1895706830

---

*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-07-24.*