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Atpakaļ
07.04.2014

The biggest and oldest online stock market simulation "Investment Game"

“Winners don’t wait for chances – they take them” - that’s how the 17th annual Investment Game (www.Invest-Game.com) greets its players this year. The biggest and oldest online stock market simulation in the Baltic States officially starts on the 14th of April. The game allows participants to build up and improve their investing skills and gives them a chance to compete for superb prizes.


The Investment Game is organized by the Investment Fund of the Stockholm School of Economics in Riga, in cooperation with DNB Bank. The purpose of the game is to boost young people’s interest in finance and economics and to provide them with an opportunity to test their investing knowledge with no risk in the real market environment.

 

The game will consist of three rounds: 
- Practice round (April 7,2014 - April 14, 2014)

- The first round (April 14, 2014 - May 12, 2014)

- The second round ( May 12, 2014 - June 16,2014)


Note that only the top 500 performers in the first round will be able to compete for the grand prize in the second round.Each registered player will be given an opportunity to manage a portfolio worth 10,000,000 EUR. This year contestants will submit their trades on the professional platform provided by DNB Trade.

 

The organizers of the Investment Game would also like to invite university and business school students to participate in a team-based competition called the 49ers’ Challenge. The rules and conditions are the same as for the Investment Game. Teams of up to 5 will compete for the distinction of their represented organizations as well as the chance to win a valuable and prestigious prize — a pure gold coin.

 

Both the Investment Game and the 49ers’ Challenge are completely free of charge. Those who manage to achieve the highest portfolio return in both the first and second rounds will be rewarded not only with esteem and additional knowledge, but also with monetary prizes. Top performers will share a prize pool of 2000 EUR. Furthermore, weekly winners will be rewarded with books devoted to finance, T-shirts and other valuable prizes with the symbolic of Investment Game 2014.


Also the portfolio evaluation criteria will be changed this year in the direction of further elimination of luck and speculative profits. The main goal of the Game is to promote long-term investments approach, strategy buy-and-hold is prioritized.

 

For more detailed information and registration please visit www.invest-game.com



Kārlis Ločmelis

Stockholm School of Economics in Riga Student Investment Fund
Chief Investment Officer