Stock market simulation game
The stock exchange business game is a business game organized by the savings banks across Europe . Its aim is to bring schoolchildren and students closer to how the stock exchange works .
history
The stock market game has been carried out since 1983. In the first year over 4,500 teams took part and 73 securities (shares and warrants) were traded, the starting capital was 50,000 DM. Over the years, the starting capital was increased to 100,000 DM.
Since 1999 there have been similar simulation games in other European countries (Luxembourg, France, Italy and Sweden). Numerous prizes are awarded. The winners are usually invited to a major European city. Since 2008 there has also been a nationwide student competition. By 2010 over 1 million teams had played.
With around 40,000 teams per year (around 35,000 school teams and around 5,000 student teams) and a total of 140,000 participants, the stock market simulation game has developed into Europe's largest stock market simulation game (as of 2016).
procedure
At the beginning of the stock market game, each student team, consisting of at least two and a maximum of eight participants, has 50,000 € and each student team 100,000 € virtual start-up capital with which at least three orders must be placed by the end of the game. Participants can access their depot via the simulation game website or the simulation game exchange app. The aim of the game is to increase the value of the deposit through clever action. Since 2009, awards have also been made to teams that achieve the greatest return with sustainability-oriented securities.
Every year 175 varying securities, mainly stocks, but also funds and bonds are offered for trading , with which the teams can trade. The custody accounts are updated with real-time prices at the current stock exchange hours. Ranking lists in the overall depot rating and the sustainability rating are always updated at 11 a.m. and 8 p.m. The participating teams can win prizes at regional level (Sparkasse and / or federal state) as well as at federal level.
The simulation game begins each year at the end of September / beginning of October and ends in mid-December. Most of the teams are represented in the group of pupils and students , occasionally teachers also take part. In addition to these groups, there are other groups, such as B. Trainees or employees of the savings banks.
regulate
- Registration is only possible through the regional savings bank.
- After registration, the activation takes place by the Sparkasse and the participants get access to their deposit with virtual start-up capital.
- There is a choice of up to 200 securities that can be traded via the custody account.
- When settling, first sales and then purchases are made.
- Orders that are incomplete, implausible or not feasible due to insufficient capital will be rejected.
- A maximum of 20,000 euros can be invested in a security.
- Any depot with more than 500 orders will be disqualified.
- The participants receive deposit statements at the middle and at the end of the game, further intermediate notifications are issued two weeks before the middle and end of the game.
- Anyone who fails to place three sales-relevant securities orders by 10:45 a.m. on the penultimate day will be disqualified.
- The winner is the one who finally achieved the highest deposit value or the highest return on sustainable securities.
- The contents of the deposit do not have to be sold at the end of the game
- The detailed rules of the game that are available during the game are binding for all participants.
Award
For the focus on sustainability, the stock exchange simulation game was recognized by the German Commission for UNESCO as an official 2011/2012 project of the UN Decade of Education for Sustainable Development.