1st place – 1200 €
2nd place – 500 €
3rd place – 300 €
Other prizes – books on financial markets, T-shirts, cups, certificates (for more information see Rules, Results and Prizes).
How to trade
All trading activities will be based on the Blue Orange Bank Trade Platform. The participants can use any of these options:
- Web Platform – Blue Orange FX (works on desktops, laptops, tablets and phones).
Participants will be required to follow this link: https://www.blueorangefx.com/en/open-demo-account and register an user account in the Client Area. After a successful registration in Client Area all participants will see a button Open Demo Account.
Each participant identifies their last name as Invest Game.
- SSE Riga Investment Fund Investment Game starts on March 1, 2019 and ends at 23:59 on April 26, 2019. The official final results will be announced by the end of May 2019.
- The 1st Round starts at 23:59 on March 11, 2019 and ends at 23:59 on March 29, 2019. The Final Round starts at 23:59 on April 1, 2019 and ends at 23:59 on April 26, 2019.
- Each registered user manages a virtual portfolio worth 100 000 EUR.
- There is a requirement on the minimum quantity of trades made, which is 15 trades per round.
- Orders are executed with a lag of approximately 20 minutes.
- The official time of the Investment Game competition is GMT +2.
- The official results of each 2 weeks and of the 1st round will be announced by the middle of April.
- The three best performing players of the Final Round will be awarded with 1200, 500, 300 EUR for the first, second and third place respectively.
- Winners will be contacted shortly after the end of the contest. If the organizers do not hear back from them within 3 weeks after the announcement has been made, the winners will lose their eligibility for the prizes.
- The three best performing players and 1 random from TOP 50 of each 2 weeks and the 1st Round overall will be awarded with books on financial markets sent via post. When evaluating the performance of the participants in the first round, the organizers of the competition will take into consideration only the returns of the portfolios.
- Achievement and referrals system (those people will be awarded with T-shirts/cups with logos or day without commission/more virtual):
During the registration, if a participant was encouraged by someone to take part in games, he/she has to put a name of this person in the special field in the registration form.
Achievement system calculation:
- Invited 7 friends (who have to make at least one trade to count)
- Made 50/100 trades
- Used half of the money
- X bids (tba)
- Bought X options (tba)
- Long-term guru
- 50% return
- Each player can participate in the game with only one account; otherwise he is not eligible to receive any prizes.
- SSE RIGA Investment Fund Investment Game is an educational non-profit project.
- The profile information of participants can be used for research purposes following confidentiality rules (personal information will not be publicly available).
- The organizers are not liable for any advice provided on stock-picking.
- The organizers of the competition retain the rights to change the rules of the competition at any time. Changes have to be agreed on by a majority vote at the SSE Riga Investment Fund Board meeting. All changes will be published in the news and rules sections.
- If organizers observe any suspicious transactions, they take full legal entitlement to temporarily suspend the user activity for investigation purposes; and in case of cheating, the account will be deleted while the user will be banned from the competition forever. If there is a suspicion that a player manipulated in the real market to gain advantage in the competition, our duty is to report such cases to relevant regulatory authorities.
- If one of the Game winners is found guilty in manipulating real market for the purpose of winning the Game after investigation of security exchange commission in any of the countries represented in the Game, organizers have the right to demand reimbursement of the prize from the guilty winner.
- By registering for the Game, you indirectly allow us forwarding your account details to our main sponsor – Blue Orange Bank. The account information will be strictly used for non-commercial purposes. This might include sending important information to participants via emails or gathering information for statistical analysis.