Virginia Council on Economic Education
 
 
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Stock Market Game™ Rules
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Please note: All monies and interest noted in these rules are virtual. Other than the one-time team fee for participating teams, all transactions and fees are virtual.
  • Teams consist of 2 to 4 students.
  • A student may participate on only one team.
  • Each team begins with $100,000 (see rule 1 for further explanation*)
  • Interest is earned on money not yet invested at an annual rate of 0.75% and posted weekly. (See rule 1 for further explanation)
  • Teams may borrow additional funds to invest (going on margin). Cost is 7% per annum and is posted weekly. (see rule 1 for further explanation).
  • All buy orders must be a minimum of 100 shares. (see rule 4 for further explanation)
  • Trades are limited to stocks above $5.00/share value. (see rule 5 for further explanation)
  • A 1% broker fee is charged for all transaction. (see rule 7 for further explanation)
  • Trade pricing is real time. (see rules 3 & 9 for further explanation)
  • Teams do not have to liquidate their portfolios at the end of the game.
  • Winners are based on equity of the portfolio.
  • Teams may not hold more than 30% of their equity in a single position. 
*The full version of the Stock Market Game™ rules can be found here under the green section entitled "Understanding SMG"
 
 
SMG_Rules
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Important Dates
FREE Promotional Sessions
July 30 - August 17, 2012; September 4-21, 2012; January 7-25, 2013; and January 28-February 15, 2013
Fall SMG Session
September 24 to November 30, 2012; registration ends October 5
Spring SMG Session
February 4 to May 17, 2013; registration ends February 18; competition ends April 12
Year-long Session
September 24, 2012 - May 17, 2013; registration ends October 5; competition ends April 12
Deadline for Fall 2012 InvestWrite submission
December 14, 2012
Deadline for Spring 2013 InvestWrite submission
April 1, 2013
SMG Awards Luncheon
May 23, 2013
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