FESA Stock Simulator Challenge
Presented by: CFA Society Winnipeg
The Stock Simulator Challenge is a competition designed to simulate real-world trading scenarios. Each participant will receive a virtual cash balance ($100,000) to build and manage their investment portfolios. The challenge will run over 6 months (September 16, 2024 till March 14, 2025), during which teams will have the opportunity to execute trades and monitor their portfolio performance. At the end of the competition, prizes would be awarded to the best-performing portfolios.
How to Join
Information on how to join this event will be released in the beginning of the Fall 2024 term.
Award Prizes
TBD!
Leverage
Margin accounts are allowed. The Simulator lets you borrow 100% (x2) of the value of long equity positions (regular stock) or cash. The margin interest is 10%.
Derivatives
Options/derivatives are not allowed in the game.
Short Selling
Short selling is an investment or trading strategy that speculates on the decline in a stock or other security's price. This trading practice is strictly prohibited. Any participants seen short selling will be disqualified from the challenge.
Entry Requirements
Late entry to the challenge is allowed till November 1st.
Other Details
Commission per trade is $9.99
Limit Orders, Stop Loss and Partial Shares are allowed
Minimum holding period for a security is 3 days. The punishment for violating this rule is -2% to your ROI calculation at the end of period. Candidates that participate in day trading will be disqualified.
