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One school may have up to three
teams of 3-4 students.
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Every team will begin with
$500,000.
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Teams must be comprised of
students only; teachers are not allowed on the trading floor, and
any team that receives coaching will be disqualified.
Fictitious company names, 3-letter stock symbols, and a
brief description are provided to enable teams to identify the 26
stocks available. Stocks will be mock stock of local companies who
are supporting the Stock Market Challenge.
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Floor traders with handheld
computers come to tables to take trading orders.
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Two large screens will display
the following: Team Net Worth, Daily Stock Prices, Trading days
from 1 to 60 and Graphical Depictions of Stock Performance.
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To track progress, Portfolio
Statements may be obtained from any of the on-site printing
stations.
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Initial stock picks must be
submitted to Junior Achievement by February 5, 2010 and are based
on information provided in the Stock Descriptions Worksheet. All
trades made after the initial stock picks will be subject to a
trading commission of 1.25%, which will be automatically deducted
from the team’s total.
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Students will receive updates
on world events, industry developments, etc. throughout the event;
this news will affect stock values and will challenge participants
to think on their feet.
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Trading will commence with the
ringing of a bell and continue for 40 minutes. After a 10-minute
break, trading will resume for another 40 minutes and finish at
the ringing of the bell. Each trading period/day will last for 80
seconds; there are 60 total trading days.
