Help | Rules | Getting started

 

Help


How to trade Your portfolio FAQs and Troubleshooting tips
Market watch

How to Trade

To access the Trading page select 'Trading' from the menu. Refer to rules for further information regarding when orders can be placed and when they will be processed.

Get a current price for a company in the Game

Under the heading 'Price search' on the Trading page, click on the drop-down box and scroll down until you find the company you wish to get a price for. Click once on that company to select it and then click on the 'Get price' button to reveal the last sale price, $+/- change for the current trading day and the opening price for that company. To return to the Trading page, click on the 'Close' button.

Place an order

On the Trading page scroll down to the section headed 'Order entry':

  • Select either the buy or sell option
  • Enter the quantity of shares you wish to buy or sell in the 'Number of shares' box.
  • Click on the 'Code/company' drop-down box and scroll down until you find the company you wish to buy or sell. Click once on that company to select it.
  • Select either 'Market order' or 'Limit order' under order type. If you click 'Market order' you will receive the next last sale price on the market after your order is placed. The quantity of shares will depend on the quantity of shares available in the real market at that time. (Please see How orders are processed for more details).
  • If you click on 'Limit order', you will have to set a limit by nominating a price at which to buy or sell shares.
  • Click the 'Preview order' button and if you are happy with information displayed, click the 'Submit order' button and your order will automatically be placed in 'Orders pending'. A 'Limit order' will stay in 'Orders pending' for 14 days after which, it will be automatically removed.
  • Once an order is processed it disappears from 'Orders pending' and will be shown on your Portfolio page. To view your Portfolio page click on the link at the bottom of the Trading page. This will display the price at which you bought or sold the shares.

How orders are processed

  • In this Game, the quantity of shares purchased must not exceed 25% or more of the player's total portfolio value. Please note, if you invest in a company whose share price increases so much that it means you are holding 25% or more of that particular stock in your portfolio, you are not required to sell the stock.
  • If an order is placed using 'Market order', the next price for that stock, after the order is received, will be used to process that order. The quantity of shares you have requested will be either filled in its entirety or partially according to the last volume traded for that stock in the real sharemarket. For example, if you place a 'Market order' to buy 10,000 shares in ABC Company at 2:10PM and the next transaction for ABC in the real sharemarket occurs at 2:11PM and only 5,000 are traded at $1.00 each, you will receive 5,000 ABC shares at 2:11PM and an order for 5,000 shares in ABC will automatically go into the 'Orders pending' section of the Trading page.
  • If an order is placed using 'Limit order' the player must nominate a price at which they are prepared to buy or sell the stock and the order will remain in 'Orders pending' on the Trading page until the last sale price in the market matches your nominated price. The quantity of shares you have requested using 'Limit order' will be either filled in its entirety or partially filled according to the last volume traded for that stock in the real sharemarket.
    Please note, if you place an order to buy stock at a price which is higher than the next available last sale price, the purchase will be processed at the lower market price. For example, if you wish to purchase shares in ABC Company and set a limit of $10.00, if the next available last sale price is $9.80 you will receive the shares at $9.80 instead of the original $10.00 you specified. Alternatively if you specify a lower selling price than the next available last sale price the sale will be processed using the higher market price to maximise your gains.

Daily limit on orders

  • Players are limited to placing a total of ten (10) orders per trading day ("Daily Limit"). This "Daily Limit" reflects both the buy and sell orders a player places. For example, a player will be prevented from placing more orders if they have already placed 4 BUY orders and 6 SELL orders. Partially filled orders will be counted as one (1) order only. For example, if a player places an order for 5,000 ABC Company Shares on Monday, and 1,000 is filled on Monday, and the remaining 4,000 is filled on Tuesday, this will count as one order only, and will count towards the limit for the day on which the order was placed.

  • If a player attempts to place more than ten (10) orders per trading day, they will receive the following message:
    " You have attempted to exceed the maximum daily limit of 10 orders per trading day. This order will therefore not be processed."

Brokerage charged

  • Brokerage will be charged against the theoretical portfolio value on each purchase or sale of stock at the rate of $30.00 (inclusive of GST) for each trade up to and including the value of $10,000.00. For each trade over $10,000.00 value, brokerage at the rate of 0.3% of the trade value will be charged. This amount is inclusive of GST.
  • If an order to buy or sell shares is partially filled, brokerage will be charged only on the dollar value of shares that have actually been purchased or sold. The Game will however keep a record of the brokerage you were charged when the first partial order to buy or sell shares was executed so that you pay no more brokerage than the standard rate. For example, if you wish to buy 5,000 ABC shares at $1 each and only 2,600 are filled you will pay $30 brokerage. If the remaining 2,400 shares in ABC are subsequently executed you will pay no more brokerage as the total amount of brokerage paid on 5,000 shares ($30) has already been paid for. If you had ordered 25,000 ABC shares at $1 each and 10,000 are filled ($30 brokerage paid) and then the order for the remaining 15,000 is later filled you will pay brokerage of 0.3% on the outstanding amount.

View your portfolio

This section of the Trading page is the up-to-date account of the cash you have in your portfolio, your shareholding value (total value of shares) and total portfolio worth which includes your cash on hand and shares. Your current portfolio value is being constantly updated with real prices straight from the market.

Portfolio page
The Portfolio page provides you with an itemised account of all trading that has taken place.

View your portfolio on selected days

Click on the dropdown box under 'View your portfolio' on the Portfolio page. Scroll down the list and click once on the date you wish to view your portfolio for.

Market watch

The Market watch section of the Game provides you with tools to monitor your success in the Game and to watch what is happening in the market so you can detect market trends quickly. This section includes Dividends, Charts and the MyASX Watchlist facility.

View dividends, capital returns and bonus issues in the Game

To view the 'Upcoming dividends and bonus issues in the Game' select 'Market watch' from the menu. 'Future dividend payments and bonus issues affecting your portfolio' lists the dividends, capital returns and bonus issues you are eligible to receive if you hold the stock until the "ex-date".

Charting company share prices

If you click on 'View charts for companies within the Game' on the Market watch page, you can chart the share price performance of each company in the Game.


Watchlist functions:

Create your own watchlist
Watchlists are used to help you monitor a selection of stocks more closely just like the professional brokers. To find out how to use them go to the Watchlist Help and FAQs section.

Check your ranking in the Game

When you access the Rankings page, it automatically defaults to displaying the top 100 players in the nation. If you wish to see the top players in your state, click on the box entitled 'Choose ranking level' and select your state.

This Rankings page displays rankings based on each player's portfolio value calculated at the close of trade on the date as displayed.

Frequently asked questions by players

Use FAQ's by players to help you answer common questions about how to register in the Game and check your progress throughout the Game.

Registering in the Game

1. Can I register in this Game more than once?

Passwords and other administrative functions

2. Can I change my username and password?.
3. What can I do if I have forgotten MyASX username and password?
4. How can I change my email address and contact details?

Important Game dates

5. Can I enter the Game before the first day of trading?
6. When are the first and last days of trading?

Contacting the ASX Game Coordinator

7. How do I contact the ASX Game Coordinator?

Trading

8. Why hasn't my order to buy or sell shares been processed?
9. Are the latest share prices used to process orders or are they 20 minute delayed prices?

10. What is the minimum dollar amount of shares that can be bought and sold in the Game?


11. Am I able to invest all my capital in one particular company from the 'Company list' at any given time?
12. If one of my existing shareholding's value increases above 25% of my total portfolio value, do I have to sell the excess shares?
13. How many orders am I able to place in the Game on a daily basis?

14. How can I check how much cash I have remaining to buy or sell shares?
15. When can I place an order to buy or sell shares?

16. Can I cancel or amend an order to buy or sell shares in 'Orders pending'?

17. How long can an order stay in Orders pending?
18. How do I check which orders have been processed?

The Portfolio Page

19. How do I check whether my portfolio has increased from a previous day?
20. How do I check whether shares I currently hold have increased in value since first purchased?

Dividends, capital returns and bonus issues in the Game

21. What does 'ex-date' mean?
22. When are dividends, capital returns and bonus issues paid in the Game?

The Company list

23. How many companies can I choose to trade in?
24. What type of shares are traded in the Game?
25. How do I view a chart showing share price information about a particular company in the Game?
26. Where can I find detailed information about a company from the Company list?
27. How can I find the principal activity for each company and the sector each company belongs to?

Registering in the Game

1. Can I register in this Game more than once?
No. Only one entry per person is permitted. Top

Passwords and other administrative functions

2. Can I change my username and password?
You can change your password but not your username. To change your password, once you have logged on as a MyASX user, click the link 'Change password' under the heading 'Account maintenance'. Top

3. What can I do if I have forgotten MyASX username and password?
If you have forgotten your username and/or password click here. Top

4. How can I change my email address and contact details and player name?
Once you have logged on to the Game click on the link to change your registration details. You can only change your player name up until the Game start date. After trading commences on 30 July 2009, if you wish to change your player name please contact  ASX. Top

Important Game dates

5. Can I enter the Game before the first day of trading?
Yes, players can enter the Game with their user name and password to access all Game pages. Players will not be able to trade until 30 July 2009 when the Game starts. Top

6. When are the first and last days of trading in the Game?
Trading commences on 30 July 2009 and the last day of trading is 11 November 2009. Top

Contacting ASX with a Game query

7. How do I contact ASX with a Game related question?
Email ASX at share.game@asx.com.au Top

Trading

8. Why hasn't my order to buy or sell shares been processed?
An order will be processed either partially or in full, using the next available trade price in the real sharemarket (which matches the share price you wish to buy or sell shares at) after the order has been placed. If your order has not been processed it may mean that there has not been a transaction in the real sharemarket at the price you requested for your shares. Top

9. Are the latest share prices used to process orders or are they 20 minute delayed prices?
The latest share price is used to match your order. Your order will be partially filled or filled in its entirety using the next available share price in the real sharemarket AFTER you have placed the order providing the transaction in the real sharemarket matches the price and quantity of shares you have requested to either buy or sell. Top

10. What is the minimum dollar amount of shares that can be bought and sold in the Game?
There is no minimum dollar amount of shares that can be bought and sold in the Game. You may buy any dollar amount provided you comply with the diversification rule explained in question 11 below. However, you need to keep in mind the brokerage you pay may outweigh any capital gain from a small parcel of shares. Top

11. Am I able to invest all my capital in one particular company from the Company list at any given time?
No, a player cannot purchase a quantity of shares in one particular company, which results in the value of the player’s total holding in that one particular company being 25% or more of their total portfolio value. For example, if your portfolio value was $50,000 you would be unable to buy $25,000 ABC shares as this purchase would equate to 50% of your total portfolio value. In this instance you would be able to buy up to $12,500 ABC shares as this would equate to no more than 25% of your total portfolio value. Top

12. If one of my existing shareholding's value increases above 25% of my total portfolio value, do I have to sell the excess shares?
No, it is only at the time of purchase that you are restricted to buying no more than 25% (of your total portfolio value) of any one given company. Top

13. How many orders am I able to place in the Game on a daily basis?
Players are limited to placing a total of ten (10) orders per trading day. Please refer to Daily limit on orders for more details. Top

14. How can I check how much cash I have remaining to buy or sell shares?
Scroll down the Trading page until you come to 'Current Portfolio' which will state how much cash (called 'Cash-on-hand') you have to spend. Top

15. When can I place an order to buy or sell shares?
Orders can normally be placed any time of the day, seven days a week. Orders placed when the real sharemarket is closed will not be processed until the market opens on the next business day. On a normal trading day the orders will be processed as they occur between 10:00 AM and 4:00 PM. Please refer to the Game Rules page for more details. Top

16. Can I cancel or amend an order to buy or sell shares in 'Orders pending'?
You may cancel your order in 'Orders pending' by clicking on 'cancel' under the 'Action' column. Orders can also be amended by clicking on 'amend' under the 'Action' column. This 'Order amend' page will give details of your original order and then allows you to amend the order by number of shares and/or the order type ('at market' or 'at limit'). Top

17. How long can an order stay in the order book?
An order can be kept in the order book for up to two weeks. Orders will automatically be withdrawn after this period. Top

18. How do I check which orders have been processed?
Either click on the 'Refresh/reload' button on your browser or click on the 'Refresh page' button in the 'Orders pending' section of the Trading page. If the order has been processed it will disappear from the 'Orders pending' section of the Trading page and you will see the transaction listed in 'Current portfolio' also on the Trading page. To check the price the stock was bought or sold for, view the Trading statement on the Portfolio Page. Top

The Portfolio page

19. How do I check whether my portfolio has increased from a previous day?
On the Portfolio page click on the drop down box 'View your portfolio on selected days' and note the value of your portfolio on each day you select. Top

20. How do I check whether shares I currently hold have increased in value since first purchased?
Check the Portfolio page in the Game. The Trading statement on the Portfolio page refers to the trade price the shares were originally purchased or sold at. Alternatively, use the Watchlist facility to track the performance of your shareholdings. Top

Dividends and bonus issues in the Game

21. What does 'ex-date' mean?
'Ex-date' refers to the day shares are traded, 'ex' or minus their dividend or capital return. This means, if ABC Company is paying a dividend or capital return which goes 'ex' on 27 October, if you buy shares in ABC Company on 27 October you would not receive the dividend or capital return. You would however receive a dividend/capital return if you bought and held shares in ABC Company on 26 October. The 'ex-date' in the Game also refers to when you can expect to receive your dividends or capital returns. On the 'ex-date' your dividends/ capital returns will be itemised in the 'Trading statement' which is part of the Portfolio page. Top

22. When are dividends, capital returns and bonus issues paid in the Game?
Dividends and capital returns are paid on the ex-date. Check the Dividends page under 'Market watch' for a list of ex-dates for companies paying dividends or capital returns in the Game. Top

The Company list

23. How many companies can players choose to trade in?
Players may choose to buy and sell shares in the companies which make up the Company list. Top

24. What type of shares are traded in the Game?
Ordinary fully paid shares are traded in the Game. Top

25. How do I view a chart showing share price information about a particular company in the Game?
Charting facilities in the Game can be found at ASX Charting. Top

26. Where can I find detailed information about a company from the Company list?
When you select 'Company list' from the menu, you will see each company in the Game. Click on the hyperlink for the particular company you wish to research to find delayed share prices, recent company announcements, price history charts, company details, closing prices over the last week and dividends being paid. Top

27. How can I find the principal activity for each company and the sector each company belongs to?
Select 'Company list' from the menu and then click on the link to the more detailed version of the company list. Top

Troubleshooting tips

Technical requirements to play the Game
Please refer to Game rules (section on Technical requirements)

Cannot find submit button on Trading page
Recommended actions:

  1. Check the error message shown on the Preview Order page. The common causes are:
    • violation of diversification rules
    • not enough cash to buy shares
    • not enough shares to sell
  2. If the problem continues, please:
    • email ASX your player name or syndicate ID
    • email ASX a screen dump of the Preview Order page

Selects Game from the MyASX service page but nothing happens
If you are using IE6, your browser must be set to specifically allow cookies so that you are able to trade. Please take the following steps:

  • open IE 6
  • select Internet Options from the menu
  • select the privacy tab
  • click on edit
  • in the address of Website input field type, enter asx.com. and click 'Allow'.

Able to login with username and password, however when clicks on Game option from the MyASX Services page, the screen goes blank and won't proceed to the Game

  1. Ensure that JavaScript and Accept Cookies are enabled (see below)
  2. Some Firewall systems prevent you from accessing ASX's server or the banner ad. Please turn the Firewall off while accessing the Game. (It depends on which Firewall program or hardware you are using. For a normal Firewall program, you should be able to start the corresponding Firewall Admin program and disable it. However, for detailed instructions, you may have to consult the corresponding manual.)
  3. If you are still unable to access the page, the problem may also have been caused by incompatibility between your browser and the banner ads appearing at the top of the page.  To test whether this is the case, please access the More about the Game page.
  4. Ensure that the Pop Up Blocker is not blocking asx.com
    Open Internet Explorer
    On the tools menu, point to Pop-up Blocker, and then click Pop-up Blocker settings
    In the 'Address of website to allow' box, type www9.asx.com.au and then click Add.
How to enable cookies (IE6 and IE 5 instructions)
To enable Cookies:
For Internet Explorer 6.0 users:
  1. From the 'Tools' menu, select 'Internet Options'
  2. Select the 'Privacy' tab
  3. Set the privacy setting slider to 'Medium'
  4. Click the 'Advanced' button
  5. Deselect 'override automatic cookie handling'
  6. Click 'OK', then click 'OK' again
  7. Restart the browser.

For Internet Explorer 5.0 users:

  1. From the 'Tools' menu, select 'Internet Options'
  2. Select the 'Security' tab
  3. Select the 'Internet' icon underneath the Web Content Zone
  4. Click the 'Custom Level...' button
  5. Scroll down to the 'Cookies' heading
  6. Ensure the 'Allow cookies that are stored on your computer' item is enabled
  7. Ensure the 'Allow per session cookies (not stored) item is enabled
  8. Click 'OK' and restart the browser

Experiencing difficulties using the Get price or Preview order
Your browser needs to be configured to allow JavaScript:

  1. In Internet Explorer go to Tools menu, and select Internet Options
  2. Select the Security tab
  3. Choose Internet Zone and select Custom Level
  4. Scroll down through the Settings and ensure that 'Active scripting' under heading 'Scripting ' is set to 'Enabled'

Has the problem gone away? Check by navigating to the Sharemarket Game Trading page. Complete the order details and select Preview Order.

If you continue to have a problem:

  1. Navigate to the Sharemarket Game Home page and select the 'Your preferences' link (bottom right hand corner)
  2. Tick 'Show order preview in the same window' preference and select the Update button

Has the problem gone away? Check by navigating to the Sharemarket Game Trading page. Complete the order details and select Preview Order.

If the problem persists check if you are running any Firewall / Antivirus program. If so, try disabling it while accessing the Game or configure it to allow access to www.asx.com.au pages in pop-up windows.


 
Terms and Conditions | Privacy Statement | Privacy Collection Statement
© Australian Securities Exchange Limited ABN 98 008 624 691