stock trading game guidelines

7/29/2019 Stock Trading Game Guidelines

1/12


2/12

Students who are currently taking upfinance subjects (FINA100, FINA101,

FINA101k,FINA111)

The venue or the substitute trading floor willbe at the CBA Lobby

Participants should compose a team

consisting of strictly three (3) members.


3/12

The Stock Trading Game will be for two (2)weeks beginning on the morning of 6th of

August (Monday) and ending on noon of

the 16th of the same month.

PhP 190.00 will be charged per team; PhP10.00 discount shall be given to each JFINEX

member in a team.


4/12

Each team will have virtual money of PhP

5,000,000.00 which they can use to invest in

PSE listed companies of their choice.

The participants are limited to invest in

the PSE Index (PSEi) stocks. (30 stocks)

Trading shall be conducted from 9:00am-12:00nn (morning) and 1:30pm-4:00pm

(afternoon). Transaction days will be from

Mondays to Fridays only.


5/12

Previous day closing prices will be used to value

morning transactions. Current closing prices will

be used to determine the value of afternoontransactions.

Maximum number of transactions per day is 10

per team. (Morning and afternoon)

Minimum transaction for the whole duration of

STG is 30 per team. A team whose total numbers

of transactions is below 30 will be disqualified

from the game regardless of theirportfolio value

and cash balance.

Closing prices of the actual trading day will be

posted at 1:00pm of the same day.


6/12

Maximum of 30% (P1, 500,000.00) of the virtual

money (5,000,000.00) can be invested in a

single stock. The minimum of shares to be acquired should

be in accordance to PSE board lot.

Short selling is strictly not allowed. Participantscannot sell shares of stocks that are not in their

portfolio.

Corresponding transaction charges(brokerscommission, ad valorem tax, SCCP and PCD

fees, and sales tax) will be observed.


7/12

Top 20 teams will be posted every day. It will

be posted on the Facebook Page of Junior

Financial Executives Institute of the Philippines.

Each team will be given a passbook that will

reflect all their transactions as well as their

current cash balance. Two order forms should be filled up (stocks

ticker symbol, number of shares, and

corresponding price per share) before a

transaction can commence.

White Form = Groups copy

Yellow Form = JFINEX copy


8/12

Transactions will NOT be executed if the

passbook is NOT presented together with the

order form.

If the passbook is lost, the team will pay 25.00 for

the new passbook.

Passbook should be returned at the end of the

day to the attending officer on the computer

terminal.

Deduction of PhP5,000.00 per day of

unreturned passbook will be applied on the

virtual money at the end of the game.


9/12

Step 1: Decide on what PSEi stock the group willbuy or sell.

Step 2: Fill up two copies of transaction form, one

for JFINEXs copy and the other one for thegroups copy.

Step 3: Properly fall in line to the computer

terminal with your corresponding group number.

Step 4: After transacting, check the

computations in your passbook and keep the

groups copy of the transaction sheet for the

future use.


10/12

Only three teams will be declared as winners.

A team will emerge as the tournament

champion if their remaining portfolio value

plus their remaining cash balance would be

the highest among other teams. The othertwo will be ranked second and third placers.

In case of ties, trading frequency of the

teams will be taken into consideration. Theteam who had executed more transactions

would be ranked above the other. If it will

still result to a tie, both teams will occupy

the same position.


11/12

The top three winners shall receive:

First PlacePhp 1,500 + PSE Tour

Third PlacePhP 500 + PSE Tour

Second Place- PhP 1,000 + PSE Tour


12/12

Any questions, objections, clarifications, and

other problems regarding the said tournament

should be first discussed with JFINEX officials

before other parties.

Visit the official website of Philippine Stock

Exchange at http://www.pse.com.ph/
http://www.pse.com.ph/http://www.pse.com.ph/

stock trading game guidelines

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