1. Trading Hours:
   Virtual Trading Arena is open for 24 hours for all transactions on Singapore and Malaysia Stocks. Indices trading and US Stocks will only be allowed during trading hours.
2. Types of Securities that can be V-Traded:
   You can V-Trade any stock and indices available in Tradershub.net. However, at this point in time, you cannot V-Trade rights, corporate bonds and warrant.
3. V-Cash at the Beginning of the Game:
   At the beginning, every account is given $50,000 in cash. You may invest this money in any way.
4. Type of V-Trade:
   There are altogether 4 different type of V-Trade:
   
   Buy - You initiate a buy position. The transaction price for Buy Trade will be 1 bid higher than the last done price of the stock at the point of V-Trade.
   
   Short - You initiate a short position. The transaction price for Short Trade will be 1 bid lower than the last done price of the stock at the point of V-Trade. Currently, Tradershub.net do enforced the usual short-selling rule. That means that all short position will be covered at the end of the day.
   
   Sell - You sell off a stock in your portfolio. The transaction price for Sell Trade wll be the last done price of the stock at the point of V-Trade.
   
   Short Cover - You cover back your short position. The transaction price for Short Cover Trade wll be the last done price of the stock at the point of V-Trade.
   
   If you initiate a buy position for a stock and decide to sell it, do NOT click on the short button. By shorting, you actually initiate a short position. To sell your stock in your portfolio, you actually need to go to "My Area" and sell it. The same applies for Short Position.
5. 20 minutes Delayed Price: New!
   Due to our limitation of the 20 minutes delayed price-feed, there will be an offset calculation 20 minutes after the transaction is made. This will prevent v.traders who have access to Live Price to get unfair advantage.
6. Commission:
   Commission is calculated based on the following:
   
   Stocks:
   

   Price	Commission
   Price < $1	0.005
   $1 <= Price < $3	0.01
   $3 <= Price < $5	0.02
   $5 <= Price < $10	0.05
   Token Price >= $10	0.10

   
   Indices:
   

   Price	Commission
   Price < 1000	1
   1000 <= Price < 5000	3
   5000 <= Price < 10000	5
   Price >= 10000	10

7. Rankings:
   Ranking is calculated based on:
   
   Total Value = V-Cash + V-Portfolio + Open Short Value + Open Short Profit and Loss
   
   You can find out your current ranking relative to the V-Trade Community by clicking on the "Who's Hot" Tab.
   
   The following is the Ranking Title:
   
   

   Total Value ($)	Rank Title
   0 - 19,999	Pauper
   20,000 - 51,999	Commoner
   52,000 - 54,999	Apprentice
   55,000 - 59,999	Rookie
   60,000 - 69,999	Amateur
   70,000 - 89,999	Expert
   90,000 - 119,999	Professional
   120,000 - 149,999	Master
   150,000 - 199,999	Chief Master
   200,000 - 299,999	Arch Master

8. V-Trade Orders Placed During Off Hours:
   You are allowed to place V-Trade Order for Singapore Stocks during Off Trading Hours. The transaction price will be the opening price of the next trading day. The system will first based the transaction on the closing price of the stock. However, for BUY or SHORT COVER trades, if the next trading day's opening price of the stock is greater than the transaction price, the difference will be offset to the Trader's vcash. The same will apply for SELL or SHORT trades.
   
   For e.g.,
   
   Trader 1 bought 5 lot of Chartered at 18:00 (Off Hours). Transaction price is $1.10 based on closing price.
   
   Scenario 1:
   Next trading day, if the opening price is $1.20, $500 (5 * 1000 * 1.10 - 5 * 1000 * 1.20) will be deducted from Trader 1's V.Cash.
   
   Scenario 2:
   Next trading day, if the opening price is $1.05, no compensation will be added from Trader 1's V.Cash.
   
9. Period, Cut Loss Price, Target Price:
   Type of Period (Contra-Period, Medium Term, Long Term), Cut Loss Price and Target Price are for reference only and not take into calculation of V-Trade.
10. Dividend, Split and Bonus Issue
    Currently, Tradershub.net does not take into consideration Dividend Payout, Split and Bonus Issue. In events that will affect the stock price of the stock considerably, Tradershub.net reserve the rights to void the Transaction on the stock without prior notice.
11. Minimum size per transaction:
    The minimum size for each transaction is 1 lot.
12. Market Volume:
    Each trading day, V.Traders cannot trade more than 50 lots for a particular stock. Also, V.Traders cannot buy or short stocks that has a trading volume of less than 50,000 units (50 lot) at the point of V-Trade.
    
    V.Traders cannot buy or short more stocks than the 10% of actual volume of the stock at the point of V-Trade. For example, if a V.Trader is interested in buying stock in Company X, and Company X has a trading volume of 200,000 stocks at the point of V-Trade, the V.Trader would be able to buy up to a maximum of 20,000 stocks (20 v.volume).
    
    If a user places an order that exceeds the actual trading volume, the transaction will be terminated.
    
13. Limitation for Trading period:
    For trading of indices, v.traders can only sell or cover back his/her position 1 hour after he/she have buy or short it. This is to prevent any unfair advantages for v.traders who have access to real-time quotes. Also, profit and loss for indices will be base on $1 per point.
    
14. Transaction void:
    Tradershub.net reserve the rights to void any transaction without prior notice or reasons.

The services provided by the Tradershub.net are intended to help to educate the public about the stock Market and allow fellow traders and investors to learn from one another. Any V.Trade should NOT be regarded as solicitation to buy or sell. The V.Traders may have actual positions on securities trade.

We appreciate your participate, and want you to explore the site as much as possible. However, there are rules that we must ask you to abide by. Violations of the rules stipulated in this section will result in the immediate deactivation of your account and disqualification from participation of all competitions.

• Do not attempt to access files, directories, or accounts to which you have not been granted permissions by Tradershub.net.
• Do not attempt to exploit html loopholes or bugs that you may find on the Tradershub.net to disrupt the service and/or to gain unfair trading advantages.
• Do not attempt to probe or download the Tradershub.net web site.
  

Any rules may change without notice.