What else do we need to know before we apply?
- Each participating team is credited with a fictitious amount of N$ 500,000
- Teams consist of 3-4 members
- 5 teams per school can participate (if more teams want to register, kindly contact NSX for approval)
- Universities can enter as much as they like
- Listed company name + share prices
- Number of shares bought
- Value of money (buy/sell)
Rules:
- No change in order may be made once the instructions on the trading app is submitted
- Shares may only be bought or sold on the NSX listed shares
- Teams may query a trade up to 30-calendar days after the transaction has taken place. No queries will be accepted after this period.
- Transactions will be levied at virtual brokerage fees of 0.5%
- Teams may not invest more than 20% (N$ 100 000) of their cash in any one share at any given time (inclusive of the 0.5% brokerage fee)
- The organisers, sponsors and their immediate families are not eligible to take part in the competition.
- The decision of judges is final, and no correspondence will be entered into.