Portfolio Parameters

 
Currency of Account
  
US Dollars
Initial Cash Balance
  
$500,000
Position Limit on Single Security
  
25%
Allow Day Trading
  
No
Maximum Trades Allowed
  
300
Short-selling allowed

Yes
Commission on trades

$25.00
Minimum Stock Price

$1.00
Allow Margin Trading
No
 

Frequently Asked Questions

 
Q:  Which markets are available for students to trade in?
A:  Markets in North America (Canada and the United States).
 
Q:  Are the quotes and trades in real time?
A:  The quotes and trades have a 15 minute delay.
 
Q:  Is the Nipissing Stock Market Game a competition between classes within each
      participating school, or between all participating schools?
A:  Prizes will be awarded to the top three accounts from any of the participating
      schools.  Prizes awarded for team/account rankings within each school are the
      responsibility of, and are at the discretion of, the classroom teacher.
 
Q:  Are teachers able to change the dates on which the Games begin and end?
A:   No.  The Game dates are determined by Nipissing University’s School of Business
      & Economics in an effort to deliver the Stock Market Game in the most efficient
      and effective way possible.
 
Q:  Are teachers able to change the Portfolio Parameters?
A:  No.  The parameters are determined by Nipissing University to ensure that all
      schools in the competition begin the Game with the same rules and that the
      competition is consistent and fair across the province.
 
Q:  What options are available for transactions?
A:  Students will be able to buy, sell, sell short or cover short.
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