Stock Market Game Rules
for “Take Stock in Kentucky”

(short version)

· Each team begins with $100,000 in cash

· Interest is earned on money not yet invested at an annual rate of .75% --posted weekly in Transaction History and added to Cash Balance.

· All buy orders must be a minimum of 10 shares. System will not allow you to buy less than 10.

· Cannot trades stocks below $3.00/share value. You will receive a message in Transaction Notes the next day of your stock was valued less than $3.00/share.

· A 1% broker’s fee is charged for all transactions. (automatically added to all trades – buys and sells)

· Teams may borrow additional funds to invest (going on margin). Cost is 7% per annum and maximum amount of funds that can be borrowed is $50,000.

· Teams can only invest in companies on the Take Stock in Kentucky list! Be careful, you are responsible for getting ticker symbol correct and will be disqualified if you buy a stock not on list.

· Maximum equity rule! Teams can invest no more than 20% (x2 to account for margin) of their total equity in any one stock. Simulation will not allow you to invest more than maximum equity.

· Trades are valued at “end of market day” values. (The regular Stock Market Game uses real-time stock pricing.