Dubai Financial Market launches online stock trading game on 16th April

A total of 52 colleges and universities will participate in the "Online Stock Game," which is organised by DFM to educate students about the intricacies of the stock market and to develop their talent for investing.

Educational institutions are taking part in this year's round for the first time include Sheikh Zayed Academy for Girls and Al Fujairah College. Schools based in Syria and Qatar also participating for the first time, include Al Qalamoun School, Syria, and Ahmed bin Mohammed Al Thani School, Qatar.

Mubaraq Al Doosari, Head of Customer Service and Complaints Unit, DFM, said: "We are delighted to announce the launch of the fifth cycle of DFM's student stock game. The game reflects DFM's vision to interact with students and educate them about proper investing and how to build a healthy national economy. The game is a uniquely interactive experience that helps students develop their skills in investing."

Students can take part in the game, trading shares through the DFM's website during official trading hours. Each participant will have the opportunity to trade with a "virtual" sum of up to AED 1 million. Players can then track their investments through the website and newspapers.

Winners will be selected based on the profits they generate during the playing period, with total cash awards of up to AED 50,000. Students in the first category will receive AED15,000; those in the second category will receive AED10,000; and those in the third category will receive a prize of AED5,000. Participants ranked between fourth and 13th place will receive AED1,000.

Female students will be eligible for additional awards. Those placed first in the category will receive AED3,000, those ranked second will receive AED2,000, and those placed third will receive AED1,000.