Here’s your opportunity to win real money! Yes, Win real cash $$$ when you outperform the competition! Begin playing today.
- You may start at anytime during the life of this competition.
- No approval required.
- No prerequisites required.
The sooner you start trading your account the greater the opportunity to win and be rewarded with real money $$$. You can then apply the strategies learnt in this risk free competitive environment to invest with confidence in the stock market and pave a future to financial security that everyone else dream of! Register now and start playing! Competition ends on Friday, November 30, 2018.
HOW TO REGISTER:
- Click here jamstockex.com to go back to JSE’s homepage (www.jamstockex.com). Look at the top right of the page and select: Register for a free account.
- Fill out the sections: i. username; ii. email address & iii. security feature, the latter to ensure it’s not a spam.
A registration confirmation will be emailed to you. Follow the instructions in the email to complete your registration i.e. to enter your user name and password.
- Access the game by clicking on: MYJSE, a main icon on the homepage.
- On the MYJSE page, select the game from the list of choices i.e. Jamaica Stock Exchange Public Game 2017/18. Follow the instructions.
Always remember to select the Join Game whenever you decide to buy, sell or review your portfolio status.
The Basic Operational Rules
- The game is open to all individuals Except the following:
- Persons working at the JSE, Member Dealers or any other equity firms
- Relatives of individuals working at the JSE, Member Dealers or any other equity firms
- Persons who participated in any of the JSE’s Game of similar nature in the past two years
- Individuals can enter by registering on the Jamaica Stock Exchange’s website homepage at jamstockex.com
- Investors will be given $100,000.00 of virtual funds, to invest in common stocks listed on the Jamaica Stock Exchange’s Main and Junior Markets.
- Stock prices are based on real time market closing prices. The live market hours are 9:30 a.m. to 1:00 p.m., Monday to Friday.
- The portfolio trading represents ‘true’ activities in the market.
- Portfolio value will be based on the end of day/real time pricing.
- The Game will provide research resource and current market information to help make informed decisions. jamstockex.com
- The Game will provide a summary page showing the ranking of each individual based on portfolio performance and value.
- Individuals will be able to view portfolio summaries, stock performance, order details and transaction history.
- It will be the responsibilities of the each individual to conduct his or her own research, but some information is available on the JSE’s website on the listed companies.
Game and Portfolio Manager’s Rules
- All trades (buying and selling) can only be done Mondays to Fridays, from 1:30 p.m. – 12:00 a.m. (midnight).
- All trades selected must be done on the same day that specific stock traded in the regular market
- All buy and sell orders must be a minimum of 100 shares and will attract all fees +GCT.
- Each individual will begin the simulation with $100,000.00 of virtual funds.
- End of day game transactions are priced at market daily closing prices.
- No Interest is paid on cash balance in the portfolio.
- Individuals will not be allowed to reset their portfolio.
- Return on the portfolio will be aligned with Corporate Actions such as bonus, stock, split etc.
- Prices should be in accordance with the Exchange’s Circuit Breaker rule which stipulates that stocks should not be traded +/- 15% of previous day’s closing prices.
- Only the previous day’s available share volume will be available for purchase.
- It is the responsibility of the trader to learn and abide by all rules.
The persons with the top three highest portfolio values at the end of the Competition on November 30, 2018, will be adjudged 1st 2nd 3rd place winners respectively.
Begin now and enjoy the freedom of risk free trading that delivers windfall to the winners!