|Currency of Account||CAD|
|Initial Cash Balance||$500,000|
|Position Limit on Single Security||25%|
|Allow Day Trading||No|
|Maximum Trades Allowed||300|
|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 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's School of Business 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.
Q: Are students able to play the game if they are not in a class that is participating in the game?