2010年8月1日星期日

Rule & Regulation for OSK Investment Challenge Game

http://www.oskic.com/play/play.aspx
Game Rules
1. OSKIC will be conducted from 16th August 2010 to 1st October 2010 which is over 33 market days.
2. You will be given a virtual capital of RM100,000 to begin in this game upon signing up.
3. You can only trade up to the value of the virtual money you have on hand.
4. You will receive a default trading pin (oskic1) upon signing up. This pin cannot be reset and will be needed throughout the game for trading.
5. Trading will ONLY involve all NORMAL local stocks on BURSA MALAYSIA (i.e. ONLY Number coded stocks)
6. The game will follow BURSA MALAYSIA’S official Trading Hours.
Trading will only be available from Monday to Friday, except on public holidays.

Trading Phases Time

Pre-Opening 8.30am
Opening and Continuous Trading 9.00am
Closing 12.30pm
Lunch
Pre-Opening 2.00pm
Opening and Continuous Trading 2.30pm
Pre-Closing 4.45pm
Trading at Last 4.50pm
Closing 5.00pm
7. The gaming portal will be closed from 5.00pm to 9.00pm every evening for maintenance purposes. No orders nor transactions can be made within this time frame.
8. Trades will only be carried out in board lots. No odd lots.
9. Short selling not allowed.
10. Step by step guide on How to make a trade.
11. You can make changes to your order provided it is still floating in the market. Once your order has been matched, no changes will then be applicable.
12. A brokerage fee of 0.42% will be charged for every single transaction.
13. You can monitor all your trade history in the "Game Portfolio", the details are as follows:

a. Name
b. Quantity
c. Average price
d. Market value
e. Profit/loss
f. Last price
g. Stop loss
h. Take profit
14. With the calculator provided, you will be able to calculate break-evens, profits or losses and contracts for all your investments from your portfolio.
15. A chart for technical analysis is also provided in the gaming portal.
16. The grand prize winner will be the contestant with the highest ABSOLUTE TOTAL PORTFOLIO VALUE at the conclusion of the game.
17. The (weekly) winner will be the contestant with the highest ABSOLUTE PORTFOLIO GAIN FOR THE WEEK. There will be 2 winners for each week.
18. If the contestant has just signed up for the game after the week has begun, his beginning portfolio value for the week will be RM100,000 (virtual money)
19. No one person is allowed to win a weekly prize twice. If the same person repeatedly tops the scoreboard, the weekly prize will be given to the next person in standing with the highest ABSOLUTE PORTFOLIO GAIN FOR THE WEEK.
20. Only corporate exercises which are significant will be accounted for in this game. The decision to include or omit any corporate exercise will be determined by the organizers from OSKIB. Decisions of the organizing team from OSKIB will be final.

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