Rules
Finance Connexion Stock Market Challenge (FCSMC) will start on February 22nd, 2011 and end on May 13th, 2011. All Santa Clara University undergraduate, MBA or MSIS students and MBA alumni are eligible to participate in this contest. Winner will be determined by the largest portfolio value at the end of trading on May 13th, 2011.
| Starting cash: |
$1,000,000 |
| Margin: |
Yes |
| Short Selling: |
Yes |
| Options: |
No |
| Market delay: |
20 minutes |
| Daily volume: |
10% |
| Quick Sell: |
15 minutes |
| Minimum price - long position: |
$1 |
| Minimum price - short position: |
$5 |
| Minimum price - margin: |
$5 |
| Commission - market order: |
$9.99 |
| Commission - limit order: |
$9.99 |
| Margin rate: |
8% |
| Interest on cash |
0% |
Visit FC Stock Market Challenge on Investopedia.com for more information.
Finance Connexion President reserves the right to update rules and make all final decisions. However, he is ineligible for any prizes.