your example agreement with a friend is obviously a derivative, which is just a contract whose value depends on the value of an underlying asset (google stock in this case). If it’s not a formal derivative contract you might be less likely to get in trouble for it compared to doing it on robinhood or whatever (not legal advice!) but it doesn’t seem like a very good idea.
your example agreement with a friend is obviously a derivative, which is just a contract whose value depends on the value of an underlying asset (google stock in this case). If it’s not a formal derivative contract you might be less likely to get in trouble for it compared to doing it on robinhood or whatever (not legal advice!) but it doesn’t seem like a very good idea.