1. Understanding Portfolios
Stock Market Game
QUIZ
1. The SMG System automatically logs off any portfolio that has had no activity after
5 minutes. True or False
2. If the region trade type is _____ ______, it means teams will get current stock
prices; ______ __ _____ means teams will get their stock price based on the market
price at the next market closing.
3. The Coordinator Ranking reports shows the top 100 teams. True or False
4. _______position indicates stock that has been bought; _______ position indicates
stock that has been short sold.
5. On the Account Holdings page, the Net Cost includes the Broker’s fee. True or
False.
6. The report that shows stock that is currently held in a portfolio is the
________________ Report.
7. The ______________________Report shows stock that has been sold or short-
covered.
8. When stock is sold, the proceeds are added back into the Cash Balance. True or
False.
9. The Stock Market Game does not pay dividends. True or False.
10. Total Equity = ________________ + ___________________.
11. Teams are ranked on _______________________ in their portfolio.
12. The _______________________ page is like an “error message” page; it tells if the
order entered by the team was executed or not.
13. On the Account Summary page, __________ _____ _____ indicates the total
amount of money available for stock purchases and short sells when fully extended
on margin.

2. 14. A 2% commission fee is charged only on “buy” and “short sell” transactions. True or
False
15. In End of Day trading, teams can cancel a trade up until 4:00 pm Eastern Daylight
Time. True or False
16. On the Transaction History Report, Cost/Share includes the 2% broker’s fee. True
or False.
17. Students must use ticker symbols when making trades. True or False.
18. Ticker symbols can be found in most any newspaper. True or False
Answers
1. False. It logs off after 15 minutes of inactivity.
2. Real Time: End of Day
3. True
4. Long; Short
5. True
6. Account Holdings
7. Gains and Losses
8. True
9. False
10. Value of Longs + Cash Balance
11. Total Equity
12. Transaction Notes
13. Buying Power
14. False (It is charged on all transactions; buy, sell, short sell, and short cover. )
15. True (In Real Time Trading, they cannot.)
16. False
17. True
18. False (Newspaper symbols are typically abbreviations of company names, not
ticker symbols.(