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Intro to Business.  Captain - Coordinates the efforts of entire team including team activities, maintaining password, making final decisions, and checking.

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Presentation on theme: "Intro to Business.  Captain - Coordinates the efforts of entire team including team activities, maintaining password, making final decisions, and checking."— Presentation transcript:

1 Intro to Business

2  Captain - Coordinates the efforts of entire team including team activities, maintaining password, making final decisions, and checking ranking report for team. This person also enters transactions into the portfolio and records them on the “Transaction Details” sheet.  Record Keeper - Coordinates team research of market data for companies whose stock is owned by the team or is being considered for purchase or sell. Using Investor Research feature and other research web sites, finds stock ticker symbols and checks stock data (highs, lows, and closing prices). This person fills out the “Stock Data” sheet.  Researcher- Researches the companies owned or being considered. This person fills in the “Company Profile” sheet which includes what the company sells, who runs the company, who the major competitors are, and what industry it is in.  Charter – Records the closing prices of stocks on a weekly basis.

3  Rules  Sponsored By  1. Registration Period - The registration dates for Colorado Council for Economic Education Stock Market Experience are displayed in the “Contest Parameters” on the “Accounts Balance” page. Colorado Council for Economic Education Stock Market Experience administration reserves the right to limit or turn off registrations as it deems necessary.  2. Trading Period – The trading period for Colorado Council for Economic Education Stock Market Experience is displayed in the “Contest Parameters” on the “Accounts Balance” page. Participants may place orders anytime after market close one business day prior to the Trading Start date. Those orders will execute at the market open on the Trading start Date.

4  3. Initial Cash Balance - At the beginning of each new challenge, participants will be given an initial cash balance of virtual funds in their Colorado Council for Economic Education Stock Market Experience portfolio account that can be used to make simulated buy or sell transactions as described in more detail below.  4. Eligible Securities – Colorado Council for Economic Education Stock Market Experience offers a wide variety of over stocks that are listed on the Budapest Stock Exchange, NYSE, AMEX, NASDAQ and the selected international exchanges being offered. In order to be considered for trading, stocks and or securities must meet specific criteria including pricing, market capitalization and average daily volume. In addition, the security must also be traded on a recognized marketplace. To see which stock exchanges are available for this simulation click on “Trade Stocks” under the “Make a Trade” tab, and then click on the drop down arrow under the heading labeled “Exchange”. “Contest Parameters” on the “Account Balance” page.Account Balance

5  There are several ways to find out whether your stock or option is on the list:  Symbol: If you know the symbol of the security you are interested in, get a quote for that symbol. On the stock quote page, stocks that are on Colorado Council for Economic Education Stock Market Experience stock list will have a trade button.  Name: If you know the name of the security you are interested in, you can determine whether or not it is on Colorado Council for Economic Education Stock Market Experience stock list.  5. Order Types and Trade Execution - Market, limit, and stop orders can be accepted for stock orders (as well as option orders where applicable) at the discretion of the site administrator. All orders for the BSE and North American stocks are executed at the real-time bid/ask prices as provided by our data vendor when placed during market hours. International exchanges other that than the BSE and USA will display a delayed price estimate of the price until 15-20 minutes has elapsed. The transaction will automatically appear in the Trader's Portfolio and Transaction History.

6  Market orders placed while the markets are closed or before the market opens will be executed as market conditions permit shortly after the market opens. If the stock requested has not traded that day then the trade will be cancelled. Trades placed after market hours can be viewed in the Pending Orders screen. Pending orders can be cancelled until 25 minutes past the hour prior to the exchanges open on the day the trade is scheduled for execution in its market country. Pending market orders placed on halted stocks will be cancelled if trading does not resume by the end of the day. Limit and stop orders may be placed as "Day" orders which are good for the day only, or as "GTC" orders, which are good until cancelled. If a participant does not have adequate cash or buying power to process a trade, then the numbers of shares will be adjusted to allow the trade to be filled as best it can. Options orders are buying and selling long positions of calls and puts using market, limit and stop orders. Each account is limited to a certain amount of trades during Colorado Council for Economic Education Stock Market Experience period (to verify the maximum of trades limit, refer to the “Contest Parameters” on the Account Balance page). Account Balance  6. Commissions - Each trade will incur a broker commission fee set by the site administrator which will be subtracted from the participant’s virtual cash balance. The commission fee structure is displayed in the Contest Parameters table on the Account Balance page. Account Balance


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