Utah State Treasurer
David Damschen

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Stock Market Game

 

 

The Stock Market Game™ (SMG) is a national program created by the SIFMA Foundation and is played in states throughout the U.S. The Utah Office of the State Treasurer is the program administrator for the State of Utah and provides fee waivers for Utah teams to participate.

What is the Stock Market Game?

SMG is a ten-week simulation of Wall Street trading that provides a framework for teaching Utah students about the American economic system. The SMG is designed for classroom use to help students understand the stock market, the costs and benefits involved in economic decision making, the sources and uses of capital, and other related economic concepts. The SMG is currently being used as a teaching exercise of economics within many subject areas. It is intended to be a catalyst for further study of and interest in the American free enterprise system in various subject areas through the accompanying curriculum materials.

How does the Stock Market Game work?

For ten weeks, during the fall and spring school semesters, students invest a hypothetical $100,000 in common stocks on the New York and American Stock Exchanges and on the Nasdaq market. In a typical classroom setting, students form teams of three to five players and work interactively to research stock selections. During the ten weeks, teams submit their transactions and receive daily portfolios highlighting their current holdings, brokerage fees, margin interest, and team ranking. At the end of the ten week simulation, 3 teams in each region are recognized with plaques, prizes and award ceremonies. A maximum of one team per teacher will be invited to the awards ceremony.

Utah Rules

Participation is limited to Utah Teachers and Students (Grades 4-12). A teacher must register at stockmarketgame.org, create teams, and direct the Stock Market Game™ for students. Students may not register on their own. Teachers must have internet access and an email address.

As of spring 2015, the $5.00 team registration fee is waived in Utah. In order to qualify for this waiver, advisors and teams must follow the SMG Official Rules, and teams must make their first transaction by the end of the fifth week. Teams that do not meet these criteria will be deleted from the game.

Utah has implemented the Maximum Percentage for Equity Rule: To encourage diversification, teams are allowed to invest a maximum of 20% in a single company or fund. At the end of the ten week simulation, three teams in each region are recognized with plaques, prizes and award ceremonies. A maximum of one team per teacher will be invited to the awards ceremony.

More information about the Stock Market Game, including registration for a 3 week teacher promo game and the 10 week student games, can be found at stockmarketgame.org. Other related programs such as “InvestWrite” and “Invest It Forward” can also be found at stockmarketgame.org.

Stock Market Game Sessions for Teachers

Stock Market Game Sessions for Students

(A teacher must register for students to play; students cannot register on their own.)