Stock Shark – a stock market game with virtual money
Stock Shark 2020 has ended. Three weeks of busy trading on the markets of the USA is now over, and the winner is Romeo Rebel. We will contact the winners of the grand prize and additional prizes.
Let us play again next year!
How to play?
Each player starts with USD 10,000 in play money. An additional USD 1,000 will be added to the account every business day until the game ends.
Object of the game
Participants try to maximize the size of their portfolio value by the end of the game by making investments.
The winner is the participant who has the securities portfolio with the highest market value at market close on 20 November 2020.
Listen to LHV PodcastPreview of the Stock Shark 2020 game – LHV senior broker Nelli Janson and Robin Särg, the best youth player in 2019Interview with the winner of Stock Shark 2019, Risto LehtsaluInterview with the winner of Stock Shark 2018, Kristjan KrassLauri Meidla, one of the winners of Stock Shark, talks about trading and investingListen to all
How to buy and sell stocks?
From Börsihai to an investor
How to open game account?
- The grand prize is EUR 3,000
- A 1-year subscription to the digital edition of Äripäev or Delovõje Vedomosti
- Two tickets to the Investor Toomas conference
- A book on investing
Best school student (up to 19 years old, incl.)
- EUR 300
- A book on investing
- A 6-month subscription to the digital edition of Äripäev or Delovõje Vedomosti
Player of the week
- EUR 1,000 to the player who has grown their portfolio the most during the week
- EUR 100 to the young player who has grown their portfolio the most during the week
- An investment book will be raffled off between the players who made at least one transaction during the week
Rules and conditions for the stock market game Stock Shark
1.1. The stock market game Stock Shark 2020 (hereinafter the Game or Stock Market Game) enables players to invest virtually in US stock exchanges.
1.2. The Game will run from 2 November through 20 November 2020 (inclusive). One can sign up for the Game beginning two weeks prior to the start of the Game, and continue to do so until the end of the Game (19 October – 20 November).
1.3. At the start of the Game, your virtual portfolio (hereinafter Portfolio) contains USD 10,000. Each working day, USD 1,000 will be added.
1.4. The player’s objective is to achieve the maximum value of his or her Portfolio by investing. The winner of the Game will be the owner of the Portfolio with the highest market value as at the end date of the Game, that is, as at the close of the trading day on 20 November.
1.5. The Game is organised by AS LHV Pank (hereinafter LHV or the Organiser). The playing environment is located online at lhv.ee/hai.
1.6. By joining the Game, the player certifies he/she has reviewed and accepts these terms and conditions.
Participation and registration
2.1. The Stock Market Game is open to everyone who agrees to these terms and conditions.
2.2. LHV’s employees may also participate in the Game; however, they are not eligible for prizes.
2.3. To participate in the Stock Market Game one must register as a client of LHV and create a stock market portfolio, in which there is USD 10,000 of playing money, or a starting Portfolio of equivalent value prepared by the Organiser.
2.4. The starting Portfolio is comprised as equally as possible of the five largest shares on the S&P 500 index (Microsoft, Apple, Facebook, and Alphabet).
2.5. The Portfolio is prepared based on the prices at the end of the trading day on 30 October 2020. Therefore, the participant is taking the risk that the value of the Portfolio could be either lower or greater than USD 10,000 in virtual money at the start of the Game.
3.1 The state of the Game can be kept track of at the address lhv.ee/en/shark/ranking.
3.2 The rankings are updated each working day, with the top 50 players identified with their full names.
3.3 The rankings are prepared each working day at 07.00 in the morning.
3.4 It will be possible to follow the intraday transactions of the top 10 Portfolios.
3.5 Any LHV staff in the rankings shall be marked accordingly and are not eligible to compete for prizes.
4.1. The prizes in the Game are divided as follows:
4.1.1. Grand Prize – the prize for the Portfolio with the highest market value is EUR 3,000, an investment book and a one-year subscription to the digital version of Äripäev or Delovõje Vedomosti and 2 tickets to the Investor Toomas conference.
4.1.2. Youth Prize – the prize for the Portfolio with the highest market value is EUR 300, an investment book and a six-month subscription to the digital version of Äripäev or Delovõje Vedomosti.
4.2. We consider young people to be those players who are not older than 19 years of age at the start of the Game (2 November 2020).
4.3. If the young person achieves the best overall result and wins the grand prize, the youth prize will be presented to the young person having achieved the next best result.
4.4. The Organiser will contact the prize winners once the Game has ended.
4.5. Weekly awards
4.5.1. EUR 1,000 to the competitor who has grown their Portfolio the most during the week;
4.5.2. EUR 100 to the young person (up to 19 years of age) who has grown their Portfolio the most during the week.
4.5.3. An investment book will be raffled off between the players who made at least one transaction during the week
4.5.4. Weekly prizes will only be awarded at the end of the first two weeks of the Game.
4.6. The weekly awards are presented on a running basis during the Game.
5.1. Transaction orders may be issued via the Game environment at lhv.ee/hai.
5.2. The playing environment is in Estonian, English, and Russian.
5.3. Players have the opportunity to submit limit price and market price orders.
5.4. Transaction orders may be issued around the clock.
5.5. When transaction orders are issued, the amount in the player’s account is reserved, using the latest current share price in the system and the current currency mid-market rate.
5.6. The service charge on transactions in the Stock Market Game is 0.1% of the transaction amount.
5.7. Orders directed towards the US market at market prices are completed approximately 20 minutes after the order is issued, at the latest market price.
5.8. In the case of a limit price order directed towards the US market, the limit price and the latest transaction price have to match.
5.9. Any delayed transactions shall be completed in three minute intervals, and therefore an additional delay of up to three minutes may occur. A transaction may be delayed if the limit order cannot be met due to market conditions.
5.10. If the final price of the share is missing, the order shall remain on hold until the end of the day and shall be cancelled if the final price has not been provided.
5.11. On US markets, both purchase and sales transactions are performed at the latest prices.
Timetable of actions
6.1. The Game runs on business days, as stock exchanges are closed on weekends. At 07.00 the market values of Portfolios are calculated and the rankings compiled At 16:30 trading begins on US markets. At 23:00 the entry of orders for a given day ends on US markets.
6.2. Transaction orders that are entered after the last opportunity for entering orders for the current day will be postponed until the following trading day.
6.3. Shares in the Portfolio are re-valued on the morning of the following day, based on the closing prices of the previous trading day.
6.4. The value of the Portfolio is calculated as the total value of the shares and of the available funds in the account.
6.5. Should the cash balance be negative at the end of the day, it will be deducted from the amount transferred into the account on the following day, and from the market value of the shares when the Game ends.
7.1. Trading may only take place with stocks found in the Standard and Poor’s 500 index, to which the following stocks selected by the Organiser have been added: Tesla, Alibaba, Snowflake & Moderna.
7.2. The list of stocks is published prior to the start of the Game in the Game forum.
7.3. The Organiser of the Game has the right to change the list of shares at a later date.
7.4. Transactions which could not have been realised in reality (for example, the purchase or sale of stocks for which trading has been suspended) are prohibited and the Organiser of the Game has the right to cancel such transactions. Any transactions that are linked to abnormal prices on the stock exchange will also be cancelled.
7.5. It is forbidden to manipulate the market to achieve a better position.
The rights and obligations of players
8.1. In case there are any misunderstandings or problems, players shall have the right to contact the Organiser at firstname.lastname@example.org.
8.2. In their actions, players must abide by the rules of the Game and the principles of fair play.
8.3. Disputes concerning any violations of the rules shall be decided by means of a survey in which all players may participate.
8.3.1. The survey is performed in the environment lhv.ee/hai and players are informed of it in advance, in the Game’s forum.
8.4. Players must use their actual given name and surname when registering as LHV users.
8.5. Any player that has registered using a false given name or surname will lose their right to compete for prizes.
8.6. The player’s user name and Portfolio name may be selected freely, but must not conflict with good morals and practices. The Organiser rules on possible disagreements at its own discretion.
8.7. When registering for the Game, the player provides the Organiser with the right to publish the player’s name, username and Portfolio name, along with the content of their Portfolio and transactions, and is aware and agrees that his or her personal data will be processed in accordance with the principles governing the processing of LHV’s client data. The Portfolio data of the 50 best players in the Game will be published on the LHV website until the following year’s game.
8.8. The winner of the Game undertakes to participate in interviews performed by the Organiser.
The rights, obligations and liability of the organiser
9.1. The Organiser is entitled to make amendments or additions to these terms and conditions by providing notice thereof in the Game environment.
9.2. Among other things, the Organiser is entitled to adjust or make amendments to the price of the transaction order, the price underlying the Portfolio revaluation and the list of securities traded in the Game.
9.3. The Organiser is entitled to remove a player who is in breach of the rules from the Game.
9.4. The Organiser of the Stock Market Game shall not be liable for any inappropriate or incorrect information, whether it is due to actions of a participant in the Game or the provision of information to them, or programming-related technical or human errors that interfere with the running of the Game.
9.5. The Organiser shall not be liable for any consequences resulting from errors, interruptions, deletions, operation or information exchange delays, communication line faults or access by any unauthorised persons in the Game.
9.6. The Organiser of the Game shall not be liable for any consequences arising due to the non-functioning of telephone networks or lines, computer networks, software, e-mail or Internet connection.
9.7. The Organiser of the Game undertakes to respond to any obstacles that occur and to make its best efforts to remove those obstacles.
9.8. Should the Game be interrupted due to technical issues, the Organiser of the Game will not enable the execution of additional or late orders.
Frequently asked questions
No, you may not.
You can read the newspaper for free until 29 November 2020.
Starting 7 October, a complete starter portfolio cannot be chosen because the game is already underway. You can only choose simulated money.
From 02 November 2020 it will not be possible to choose a ready-made portfolio, because the game will have already started by then. You can only choose virtual money.
The first day of the game is 2 November at 16:30 when the US markets open.
If you have any questions, please call Äripäev on 667 0099 or write to email@example.com.
Stock Shark orders are processed at 3-minute intervals. If the order is already being processed, it can no longer be cancelled. An order with a limit price will be cancelled after 20 minutes, at the latest, if it has not yet been executed.
Every business day morning at 7:00.
It indicates your ranking for the previous week.
No, the recipient of a prize does not have to pay income tax to the state, nor is it taken into account as part of the recipient’s annual income.
The rankings indicate the participant’s place with the name of the portfolio.