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WANT TO WIN BIG $$$$$?……Enter the JSE’s Public Stock Market Game

The Jamaica Stock Exchange (JSE) launches its second series of the Public Stock Market Game. Here's your opportunity to learn how the market works in a practical way while competition against other participants for some great prizes including cash and stock accounts. State turn for registration details on Oct 3, 2016.

This virtual Trading Game will be launched on September 27, 2016 during the JSE’s National Investor Education Week Public Forum at the Spanish Court Hotel (Worthington).

Basic Operations and Rules

  1. 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
  2. Individuals can enter by registering on the Jamaica Stock Exchange’s website jamstockex.com
  3. The competition will run for a duration of twelve (12) months after which the JSE will determine the winner. See banner on JSE’s website for registration period
  4. 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.
  5. Stock prices are based on real time market prices during the hours of 9:30 a.m. to the close of the market at 1 p.m.
  6. The portfolio trading represents ‘true’ activities in the market.
  7. Portfolio value will be based on the end of day/real time pricing.
  8. The Game will provide research resource and current market information to help make informed decisions.
  9. The Game will provide a summary page showing the ranking of each individual based on portfolio performance and value.
  10. Individuals will be able to view portfolio summaries, stock performance, order details and transaction history.
  11. 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 

  1. The game can be played Monday to Friday 24hrs
  2. All buy and sell orders must be a minimum of 100 shares and will attract all fees +GCT
  3. Each individual will begin the simulation with $100,000.00 of virtual funds.
  4. End of day game transactions are priced at market daily closing prices.
  5. No Interest is paid on cash balance in the portfolio.
  6. A record of an individual’s portfolio and transactions will be available daily.
  7. Individuals will not be allowed to reset their portfolio.
  8. Return on the portfolio will be aligned with Corporate Actions such as bonus, stock, split etc.
  9. 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.
  10. Only the previous day’s available share volume will be available for purchase.
  11. It is the responsibility of the individuals to learn and abide by all rules.
  12. At the end of each quarter the top three (3) persons with the highest portfolio value will receive prizes
  13. Game starts October 3, 2016 and ends September 29, 2017.
  14.  Registration closes on December 2, 2016.
  15. Winners
  • The persons with the top three highest portfolio values at the end of trade on September 29, 2017 will be adjudged 1st  2nd 3rd place winners respectively.

Exposure 

  1. Each month the website will feature the standings showing the top ten (10) portfolio with the highest values.
  2. Quarterly feature will be published on the JSE’s website and in the media.

Administration of the Stock Market Game 

  1. Access to the game is through the JSE’s website at http://www.jamstockex.com.
  2. Administration and monitoring of the game will be done by selected members of the JSE and will be governed by the rules outlined.  
  3. Portfolio details for all participants can be viewed by a game administrator only.
  4. Each participant can view/update his or her own portfolio.
  5. 99.9% server uptime is guaranteed by the website’s hosts. There also are other levels of redundancy employed on the server hardware and network infrastructure.

System Requirements

  1. Internet Access – To use the JSE’s Portfolio Manager and Stock Market Game, you must be able to access the internet.
  2. Software – We recommend you use the latest version of Internet Explorer as your web browser. You will need JavaScript and cookies enabled to run The Stock Market Game. You can change these settings in the browser’s Preferences. You need to unblock pop-ups and will need to install Adobe Acrobat Reader  in order to view the user manuals. In addition have the latest version of Adobe Flash Media Player 11 or higher.

NB. This virtual trading Game is not a part of the Jamaica Stock Exchange’s Online Trading Portal.