Trade Master
The virtual online stock trading
It is not he who has the talent to know everything about everything all the time but it is he who works hard at it, looks and sifts the world for a mispriced bet which is occasionaly found and bets heavily when the world offers him that opportunity. It’s just that which leads him to become a real Trade Master.
Event Details
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Every individual participant has to register by sending a mail with his name, college and mobile number details at trademaster@aimk.org
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All participants will be provided with online trading accounts with passwords.
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They will be provided with a fixed amount of virtual money for buying and selling stocks.
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They will have to trade online for a week (18th Feb. to 22nd Feb.) during the market timings (9:55AM to 3:35PM).
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Results will be announced on 23rd of Feb 08 on the basis of maximum return (in rupees).
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Rules of trading
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Brokerage is 0.03% for Intraday Trade and 0.1% for Delivery Trade.
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All the script values displayed and used for trading purpose are live as prevailing in National Stock Exchange on any given time.
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At any point of time Participant can have maximum of five buy and five sell outstanding orders.
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Participants can execute both Intra-Day and Delivery trade on all the scripts available from trading.
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All the open positions shall be squared-off at the end of the Trading session.
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All the outstanding orders shall be deleted from order book as soon as the trading session is over in NSE (at 3:35PM).
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Every Participant is provided with a margin facility of six times his available cash balance in intraday trade. Margin trading is not allowed in Delivery trade.
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On placing an Intraday order appropriate margin shall be blocked. Cash shall be deducted on the materialization of the order. Margin shall be released as soon as the Intra-day position is squared off.
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