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.
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