University Portfolio Competition


  2018 Bluelake Partners
  University Portfolio   Competition


Competition commences
     March 2018

User Name:

Password:


For any enqueries,
please email to webmaster@tradingplaces
.com.au

Rules
 
Trading Places Rules
Starting Portfolio
Each player starts the Competition with a hypothetical $200,000.
Portfolio Composition
You may invest up to 25% of your portfolio value in one share.
Brokerage
Players will be charged a commission fee per transaction of 0.1% of the value of the trade or a minimum of $25.
Interest on Un-invested Cash
A player's un-invested cash will earn interest at the rate of 3.0% per annum, calculated daily.
Borrowed Funds
Players can borrow up to $50,000 and will be charged interest at the rate of 5.0% per annum, calculated daily.
A user will get the borrowing amount, upto $50,000, when he has zero or less cash to buy a share. The borrowed amount will be taken back when a user, with borrow amount, sells a share.
Trading Hours
The TradingPlaces Competition opens for trades at 10:00am AEST and closes at 4:00pm AEST, Monday to Friday. Buy and sell orders can be placed outside of these times, but will only be processed during ASX trading hours.
Orders
Orders are transacted at live market prices and confirmed 20 minutes after they have been placed. Orders will only be processed during Trading Hours.
Market Orders
Buy or sell a nominated volume of shares at the prevailing market price at the time of the transaction. A buy order will be executed at the current offer price and a sell order at the current bid price. The price that a player receives will be the prevailing market price, which may differ from the 20 minute delayed price observed in the game. There is a +/- 1 minute error resolution for all orders placed.
Limit Order
Buy or sell a nominated volume of shares at a designated price. Buys will be transacted once the share is offered at the selected price (or lower) and a sell will be transacted when the share is bid at the selected price (or higher). If limit orders are unfilled after 24 hours they will be automatically cancelled and moved to problem orders.
Order Cancellation
You may cancel orders in your open order book. Orders cancelled outside of market hours will be cancelled immediately. Orders cancelled during market hours will be confirmed 20 minutes later.
Shares Available to Trade
The S&P ASX300 companies as at 11/03/2016 can be traded.
Trade Volume Limits
The volume of any one trade in a share can be no more than 50% of the total volume traded for that day or the previous day, which ever is greater.
Moreover the total volume bought in a share in any one day can be no more than the total volume traded for that day or the previous day, which ever is greater.
Rankings
A player can find out their current position by clicking on the 'Rankings' tab. The total portfolio value is calculated from closing prices on the latest trading day. Players who have not traded will not be ranked and not be eligible for prizes.
End of the Portfolio Value
A players final competition standing will depend on their equity value at the end of the game period. Equity value is calculated by the value of portfolio holdings plus cash minus borrowings.
Performance Evaluation
While fund managers are evaluated in terms of returns and risk, TradingPlaces ranks players by performance only and does not adjust for the risk of the portfolio.
Multiple Registrations
Students are permitted to register and use one account only per valid .edu.au email address. TradingPlaces reserves the right to disqualify students who trade using several accounts. These students will also be ineligible for prizes.
Portfolio Adjustment
TradingPlaces reserves the right to adjust any portfolio in the interest of competition fairness.
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BlueLake Partners is an equity trading and investment company based in Sydney, Australia, with active operations in Equities and Derivatives. The 2016 Bluelake Partners University Portfolio Competition allows Australian undergraduate university students the opportunity to showcase their trading and investment skills in a bid for potential career and networking opportunities, as well as great prizes.