TOP INVESTORS

The Top 20 players with the highest Total Realised Profits will walk away with attractive cash prizes!

GAME RULES

Each participant is granted the following during the course of the challenge (i.e. Trial and Actual Game):

Available Cash – S$100,000

Trading Limit – S$1,000,000

Individual performance is based on the Total Realised Profit, which is the total amount of actual profit that he/she has gained from trading and NOT the amount that he/she has as Available Cash. The objective is to accumulate as much Realised Profit as he/she can, and contribute to his/her overall Total Realised Profits.

The P&L ranking of the Top 20 winners and participants will be reflected on the Leaderboard in the ‘Announcement’ page under the ‘Attention’ tab in the game environment.

Corporate Actions

The Game will exclude all corporate actions such as dividends, bonus and rights issues, stock splits, consolidations, corporate takeovers and reconstructions etc. However, corporate actions will usually affect the prices of stocks.

Delisting of Counter

In the event that any company’s stocks, warrants, rights, REITS, ETFs etc. are delisted at any point in time during the Game, the holdings of these securities will accordingly hold no value.

Force-Selling of Shares

The Game will force-sell participants’ shares in their respective portfolios if they are not liquidated by 5pm on the last day of the Game. The shares that are force-sold will be valuated at the closing price, taking into account the transaction costs. Subsequently, gains/losses will be reflected under their Account Management including the Realised Profit. (Force-sold contracts contain the prefix “FS”)

No Short Selling of Shares

Shorting is a strategy to make the best in a declining market when the momentum of stocks or overall trend of the market is poor. In this Game, short-selling of shares is not allowed. Note: This feature is controlled by the system.

Payment for Shares Purchase

All participants are given a sum of virtual cash at the beginning of the competition which can be viewed under ‘Available Cash’ on the ‘Account Management’ page. Any purchase payment will be automatically deducted from their account once the trade is executed. Therefore, it is not necessary for them to initiate any payment.
Eg. When submitting a Buy order, this order will be checked against participants’ Available Cash to ensure sufficient funds in their account. Once this Buy Order is executed, the corresponding amount will be deducted immediately from their Available Cash. Their orders will be rejected if there are insufficient funds in their Available Cash.

Sales Proceeds of Shares

When the Sell order is submitted and executed, the sales proceeds will be credited into Available Cash immediately. From the ‘Account Management’ page, the participant will be shown the amount of Realised Profit or Loss, if any.

TERMS & CONDITIONS

By participating in the Trading Competition, each participant agrees to be bound by the rules of the competition, and the following Terms and Conditions.

Competition Period

The actual Competition is based on virtual-account trading on POEMS 2.0 and will be held from 17 September 2018 to 5 October 2018, both dates inclusive. Equity products offered by Phillip Securities are valid for the Competition. The last date of the Competition (“Closing Date”) is 5 October 2018.

Eligibility for the Competition

The Competition is open to all youths from ages 18 to 29 years old. Each participant is only allowed to open ONE individual game account for the Phillip Youth Challenge.

The following are not eligible to participate in the Competition:

1. Existing Clients of Phillip Securities (Kindly refer to “FAQ – Who can take part in the Challenge” for more information)
2. Employees/Agents of Phillip Securities & Phillip Futures

Competition Registration

1. Registration for the Competition is solely via the online registration form which can be found at “www.poems.com.sg/phillipyouthchallenge” (“the Website”).
2. Once confirmed to be eligible, applicants will be registered as participants of the Competition (“the Participant”).
3. Participants who are successfully registered will receive a confirmation email with their login details.
4. Participants who are found to be ineligible for any reason will be disqualified and barred from the Competition.

Prize Notification and Collection

1. The Competition consists of twenty individual Prize Winners.
2. The Prize Winners for the Stocks Challenge will be announced in October 2018.
3. Prize Winners will be notified after the end of the Competition by email/ phone and the winners’ names will be published on the Website.
4. Phillip Securities reserves the right to substitute the prizes with another of equivalent value and to amend any terms and conditions without prior notification. Where a dispute involving the interpretation of terms and conditions arises, the Company’s decision is final.
5. By participating in the Competition, the applicant agrees that the Company may disclose your name and photos of the prize collection for publicity, if any. The applicant also agrees to allow the Company to disclose your profit/loss, trading volumes, markets traded or any other information in connection to the Competition.

EDUCATIONAL RESOURCES

Here you’ll find resources to help you make informed decisions and stay engaged during the Game!

Alternatively, you may wish to learn more about investing through the following:

FREQUENTLY ASKED QUESTIONS

CONTACT US

For enquiries regarding the Phillip Youth Stocks Challenge, please contact the following:

Email: stockschallenge@phillip.com.sg

Facebook: PhillipCapital

Instagram: @PhillipCapital

Twitter: @PhillipCapital

Telephone: (65) 6531 1555

For enquiries regarding the Phillip Youth Challenge, you may email youthchallenge@phillip.com.sg

Alternatively, you may visit any of our Phillip Investor Centres located island-wide.