NOBE Stock Game 2012-2013
The NOBE 2012-2013 Stock Game Has Ended
Stock Markets are a vital part of any economy. Many invest in various companies, and some make big money. The NOBE Stock Market Simulation Game is an interactive learning experience that allows players to invest $100,000 to see how they would perform if they were to make the same choices on real stock exchanges.
Even if you do not win, playing the game gives you some experience with trading. For those who are not familiar with the stock market, learn more about it. After you learn a little about the stock market, check out some of these popular free finance websites, like Yahoo! Finance, Google Finance, and MSN Money to learn more and to begin tracking companies.
Sponsorship for the 2012-2013 Nobe Stock Market Simulation is provided by:
Frequently Asked Questions
- What is the NOBE Stock Game?
- The NOBE stock game is a stock market simulation game designed and programmed in-house by the NOBE Illinois IT Stock Game Team. The NOBE Stock Game was first launched in 2002 and has undergone many changes since its initial release. In Spring 2009, the game was rebuilt from the ground up to incorporate new features and improve stability and performance. In Spring 2010, the NOBE Illinois Stock Game went national, and for the first time, all chapters were able to participate in the game. Starting in Fall 2010, an educational semester-long Fall game was started.
- When does the game start?
- This semester's game will run from Monday, March 19th at market open until Friday, June 1st at market close.
- Who sponsors the NOBE Stock Game?
- The Stock Game sponsor changes from year to year. This year, sponsorship will be provided by, Andrew Quinn of Citi, and Weilei Yu of Sposae.
- Who can play?
- Anyone can play! There is no charge to participate in the game. Players must register on their chapter's website.
- What are the prizes?
- The prizes for this years game will be determined as soon as we discuss it with our sponsors. Check back soon for updates!
- Can I win the prizes?
- While anyone can register online and participate in the game, in order to win cash prizes, you must have paid the registration fee or be an official member of NOBE. To become an official NOBE member or to pay the registration fee, please contact an executive board member from your chapter.
- I found information that differs from your search results. Why is that?
- Different financial sites update at different times. Our game is based on a real-time source.
- What types of orders are allowed?
- Four orders are available in the NOBE Stock Game: buy orders, sell orders, buy stop orders, and sell stop orders. Check out the help page for more information on different types of orders.
- Am I allowed to trade penny stocks?
- Yes. Penny stocks are defined by the U.S. Securities and Exchange Commission as stocks trading below $5.
- What is shorting?
- Check out the help page for more information on shorting, but in this simulation, we follow the following criteria.
- Before the short order can be executed, you must have 50% of the stock value plus commission fees. Next, you borrow a stock from someone and immediately sell it for profit, which is stored in an account separate from your holdings. The profit is the total value of the stock, minus the commission fees. Finally, you must pay back whoever you borrowed the stocks from. To simulate the arbitrary nature of repayment terms, you have a randomly generated number of days between 5 and 10 to repay the borrowed stocks. Try to pay back the stocks when market price is below what you originally paid. Otherwise, the stocks will be repaid automatically-regardless of market price-at the end of the time period. After you pay off your borrowed stocks, the positive (or negative) change between the original and repaid stock values will be added to your holdings account.
- How do the commission fees work?
- A $7.00 commission fee is added to every buy order and subtracted from every sell order. An additional fee of 1% of the trade principal is added for trades involving penny stocks.
- For example, if you were to buy 10 shares at $10 dollars a share, the total cost of the transaction would be $107 dollars. If you were to then sell the same 10 shares the next day at $15 dollars a share, you would receive $143. Your total profit from this transaction would be $36.00. Similarly, commissions are added to stop orders at the time the order is fulfilled.
- I am receiving an error message, noticed a bug or glitch, or saw something that just does not look right. What should I do?
- Most error messages you may encounter involve user input errors, such as entering an invalid stock symbol. If you encounter one of these errors, just go back and try again. If the error message is something else or you notice a bug/glitch, please contact Jake Ailor. Please note that the current version of the stock game officially supports Internet Explorer and Firefox only.
- Who works on game development?
- The NOBE stock game was designed and is maintained by NOBE Illinois IT Stock Game Team. In the most recent revision of the game, David Grochoki, Andrew Lambert, Rob Kopp, and Jason Blalock worked together to develop new features and migrate the game to the national stage.
- I have an idea to improve the game, wish to help with development, or want to report a problem with the game. Who should I contact?
- We always appreciate any feedback. Please contact Jake Ailor.