Initiated in 2013, the game seeks to educate the public about investing on the JSE and the challenge provides the players with the tools that make it possible for them to test their knowledge at investing and trading, in a risk free game before they attempt investing with their own money on the exchange.
“As the JSE we are committed to educating the public about investing and an initiative such as the Investment Challenge is a platform that allows us to assist with this financial education.
It is our ongoing goal to be accessible to all South Africans, who are interesting in investing “says Mpho Ledwaba, Head of Marketing at JSE.
The second prize went to Chetan Gandhi, with a trade to value of R 1,6 million and third prize went to Deon Van De Merwe for his trade of over R1,5 million.
The game successfully grew by 100% between 2013 and 2014, with 2000 people participating in 2014 compared to the 1000 who did in 2013.
The three winners were announced based on the turnover they made during the three months game between September to December in 2015.
Now entering its third installment, the game is open to all South Africans and tests participants trading skills through a simulated trading game where their performance is tracked.
According to Ledwaba this years’ game expects more entrants.
Registrations for this year’s game will be announced on the JSE website and social media, as as soon as they’re open.