The 2002 JSE/Liberty Schools Challenge "ghost trading" competition has gone online for the first time. The annual competition, which got underway again last week, now has an online component.
The JSE/Liberty Schools Challenge enables senior high school pupils to learn about investment by managing a virtual portfolio of R1 million for a six-month period. The contestants stand to lose only their imaginary R1 million, but gain experience and the chance of winning cash for themselves and their schools.
IT solutions provider Iocore was appointed by trading platform provider Standard Bank to develop and implement the electronic trading platform to allow school pupils to trade and monitor their shares online. The challenge trading platform is accessible from its new Web site, http://schools.jse.co.za, which was provided by The Learning Channel Campus, in association with Liberty. The site offers content on the challenge and encourages pupils to research and strategise around the trading of JSE-listed shares.
"With the new electronic trading platform developed by Iocore, teams can now interact on the Web site, and can trade and monitor their share performance against other teams in a more proactive way," says Esias Bootha, Iocore Solutions GM.
According to Bootha, the online applications extend beyond share trading and portfolio management. "The purpose of Web-enabling the challenge according to the JSE game rules was to modernise and enhance the challenge and to extend the promotion of the game to a wider audience."
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