 |
|
| Rules of Play |
August 27, 2008 |
|
| |
- Teams are given $100,000 of game money on the first day of the simulation.
- Teams may borrow an additional $50,000 of game money, which will automatically be applied to the account, if needed.
- Teams can trade common stock on the TSX, NYSE and NASDAQ.
- Teams can buy stocks that are trading at $2.00 or greater.
- Teams are not permitted to trade the same stock more than 3 times in the same day.
- Teams are permitted to purchase up to 20% of the currently daily volume or $10,000 worth of the stock (whichever is higher) minus the total dollar amount of this stock you already purchased this day.
- Teams may trade during market open:
BC: 6:45am -1:00pm
AB: 7:45am -2:00pm
ON: 9:45am - 4:00pm
- A management fee of $25 is charged for every trade.
- Cash balances earn approximately 2.5% interest and deficits are charged approximately 8% interest.
- Once a team selects YES to the trade on the confirmation screen, the transaction cannot be reversed or revised.
- Teams must disclose any unfair advantage in the simulation (i.e., a bug in the game) or this team may be disqualified.
- Teams are to report any problems with their accounts (including any password concerns) immediately to
.
- The CHAMPION is the team with the top-performing portfolio as of market close, on the last day of trading.
|
|
|
|
| |
|
|
|
|
