Rules and Regulations

 

  • This is an individual game. Formation of teams or cartels is strictly prohibited. Any participants who are found to be forming cartel or indulging in team activities will be immediately disqualified.

  • You are allowed to trade shares, commodities amongst yourselves and with the FII’s. The price of a share or a commodity will be decided between two players by mutual consent within reasonable limits of current price.

  • The notary has the right to refuse registration of any trade which he believes is meant for the purpose of manipulating market conditions. This is solely his discretion.

  • The prices at which FII’s are trading shares and commodities will be displayed. These prices are non-negotiable.

  • You can purchase futures and options contracts ONLY from Investment Bank.

  • Trading of futures and options contracts amongst participants is ALLOWED.

  • Writing of futures and options by the participants is NOT ALLOWED.

  • The futures price for the futures contracts will be displayed. This price is non-negotiable.

  • While buying a call or put option from the I-Bank a premium will be deducted from your cash. The amount of premium will be informed to you.

  • If you buy/sell a future contract from the I-Bank settlement of the contract will be done at the end of maturity period.

  • While trading futures a margin account will be created which will be maintained till the expiry of contract unless traded prior to date.

  • You can take loans from the central bank. The rate of interest for such a loan will be decided by the bank itself and is non-negotiable

  • You can deposit money in the central bank. The rate of Interest on any such deposits will be decided by the bank and is non-negotiable.

  • Deposited money will not be part of your liquid cash until you withdraw it.
  • You have been provided sheets to keep an account of your trading history. No requests for account status will be entertained.

FOR ANY OTHER QUERIES PLEASE CONTACT THE COORDINATORS

 

Updates


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