Rules and Regulations of the Fantasy Market
Is there any of the rules that is not being implemented to the letter?
1. All participants must be registered as members of wazua
2. All participants will start with a virtual capital as stipulated in the fantasy game
3. At this point in time, the securities being traded are stocks listed in the Nairobi Stock Exchange (NSE)
4. Trading will be done on Monday to Friday between 9.30 AM and 3.30 PM (Nairobi time - GMT + 3). However, you can make orders at any time of the day
5. You can place orders using market prices, or specify maximum and minimum prices at which you want to buy/ sell. The order will be executed when the set critieria is met.
6. No member will be able to trade on credit
7. The only requirement for executing a buy order is having money in your virtual account. If the money in your account is not sufficient to execute a buy, then the number of units bought will be automatically reduced to match your available funds.
8. You can sell any shares in your portfolio at any time.
9. You can participate in several fantasy games at the same time
10. The fantasy market is in Beta, and this means you may face a few hiccups. Please bear with us and provide feedback when faced with issues.
Welcome to the Fantasy Tribe!
What does number 9 mean? That I can register twice or more?
Is number 7 being implemented? I see guys with negative funds.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own