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SMG Rules 2021

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Summary Table of SMG Rules (with Local Rules) A complete set of Stock Market GameTM Program Rules can be found at: https://www.stockmarketgame.org/rotg.html. You can then find your Local Rules by clicking on the “View Local Rules” link. Stock Market Game National Rules Rule 1 Initial Cash Balance $100,000 Rule 2 Interest earned on positive Cash Balance 0.75% Rule 2 Interest charged on negative Cash Balance 7% Rule 3 Tradable Stocks NASDAQ and NYSE Rule 3 Prohibited Stocks OTC or “pink sheets” Rule 4 Tradable Bonds Investment-Grade (“BBB” or higher) Rule 4 Prohibited Bonds High-Yield or “junk” (lower than “BBB”) Rule 7 Minimum Market Capitalization $25 million Rule 7 Minimum Share Price $3 per share Rule 8 Minimum Stock/Mutual Fund Share Size 10 shares Rule 8 Bond Increments $1,000 – municipal and corporate $100 – Treasury (government) Rule 8 Prohibited Transactions bond and mutual fund short sales Rule 10 Market Hours Monday – Friday, 9:30am – 4pm ET Rule13 Commission and Fees $5-per-trade on all transactions SEC fee on sell transactions Local Rules VA Number of Students per Team 2-4 students per team VA Pricing Real Time VA First Trade Deadline https://vcee.org/key-dates/ VA Minimum Number of Successful Transactions 1 by deadline https://vcee.org/key-dates/ VA Maximum Equity Rule 20% per security VA Ranking Methodology Total Equity VA Fees Must be paid by deadline https://vcee.org/key-dates/ VA Students may not participate on more than one team (CHC not included).