Stock Market Game Worldwide
The North Dakota Securities Department coordinates and sponsors the Stock Market Game (SMG) in North Dakota. SMG is a ten-week or 15-week simulation of Wall Street trading that provides a framework for teaching students in grades 4-12 about the American economic system. Offered in the fall and spring semesters, SMG is offered through the Internet and is designed for classroom use as a motivational tool to increase understanding of the stock market, the costs and benefits involved in economic decision-making, the sources and use of capital and other related economic concepts.
SMG is an interdisciplinary teaching tool that allows teachers to create and direct learning in the classroom in a variety of disciplines. During the session, student teams invest a hypothetical $100,000 in common stocks on the New York and American stock exchanges and the NASDAQ Stock Market. Teams enter their transactions daily and receive weekly portfolios highlighting their trades, current holdings, brokerage fee, margin interest and team ranking. At the end of the simulation, the winning teams in the elementary, middle school and high school competitions achieving the largest investment gains are recognized.
SMG is a free resource to North Dakota schools from the North Dakota Securities Department. The Stock Market Game was created and is provided by the Foundation for Investor Education, an affiliate of the Securities Industry Association. The game is offered in all 50 states.
For more information on SMG, contact Diane Kambeitz, coordinator for SMG at 1-800-297-5124, e-mail
dkambeit@nd.gov, or visit the SMG website at
www.stockmarketgame.org.
2007-2008 Game DatesOctober 8, 2007 - December 14, 2007
January 14, 2008 - April 25, 2008