Open Outcry | Open floor trading simulation game

Open Outcry is an “on-the-floor”, Over-The-Counter stock exchange trading event where the participants had to judge the future of their holdings based on their intuition and the information provided to them. The price will keep on changing with every information floated, which will be revealed by the end of all rounds. By then, teams will be executing trades based on their intuitions.

1, Eligibility: The team has to be composed of one member from IIM Kashipur. The second member has to be any person outside of IIM Kashipur.

2. General Rules:

• Each team can have 2 members.
• One member should be a student of IIM Kashipur and the other from any person outside of IIM Kashipur
• The member in the campus will act like a Dealer, trying to execute trades with other dealers on the floor.
• Another member will act like a broker, keeping eye on news and information provided, keeping record of transactions, and guiding their dealers to execute sale or buy based on intuitions.
• Teams can use any method of communication to connect with their teammates.

3. Transaction / Trade Rules:

• Each transaction/trade executed will have to be listed with a TFC member available on-the-floor.
• Each team will be getting an equal initial amount, and a chance to pick any shares of their choice in the first round.