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1. Only one entrant per user name each game
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2. Each participant will be given a margin facility of 100,000 fantasy points. This facility allows players to place trades during the length of the contest on the financial instruments displayed, all of which are pre-selected by Financial Spreads.
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3. A player does not need to trade all the financial contracts available, but must initiate at least two trades on at least one instrument to be eligible for the prize.
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4. Each available contract will be subjected to different trading times and maximum pip values, which will be highlighted in the summary page within the trading suite.
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5. Each game lasts two weeks, and starts at midday (UK - GMT) on Wednesday.
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6. The market settlement will be two weeks later, on Wednesday, at midday (UK - GMT).
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7. Where markets are open 24 hours a day, a player may trade continuously throughout this period.
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8. Players sell at the 'bid' and buy on the 'ask' during normal market hours.
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9. At the end of the game, a player is not required to liquidate any positions to realise their portfolio value. The value of an account is calculated on the closing 'bid' or 'ask' price of each position. Long positions are marked to the 'bid' and short positions are marked to the 'offer'.
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10. The winner is the entrant who accumulates the most number of points by the end of the game.
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11. In the unlikely event of a tie the winner will be the entrant whose entry form was logged earliest.
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12. The winner will be notified within 7 days of the game finishing.
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13. All prizes must be claimed within 28 days of the closing of the game.
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14. To claim your free bet you must open an account with Financial Spreads. (Winners ranked 2-10).
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15. You are reminded that Financial Spreads is not responsible for unauthorised transactions made on an account. Financial Spreads will post changes to a player's account whenever the correct username and password is used. Players are solely responsible for the security of their username and password and are urged to ensure that no one has access to this information.
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16. If a player discovers a discrepancy on their account, the player must notify Financial Spreads within 3 working days by e-mail. If a player fails to notify Financial Spreads within this time, all trades may remain on the player's account. Email: finsadmin
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17. Financial Spreads reserves the right to make changes to a players transaction history in the case of errors and all decisions will be final based on information believed to be accurate.
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18. In the case where we are notified by the relevant exchanges of a "stock split" or any other change of a similar nature. Financial Spreads will send out an e-mail message, notifying members of the intended action and will request that members liquidate their position relating to the instrument in question. Players will have until close of market on the day before the price action intended day to liquidate any open position. If a member fails to liquidate their open positions Financial Spreads will do so on the members behalf based on the closing 'bid' and 'ask' prices of the day proceeding the day of the intended price action.
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19. Financial Spreads will not research any questions regarding contest trades or provide investment advice.
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20. Financial Spreads are the sole arbiters of these rules and their decision is final.
Promoter:
Financials Spreads
46 Cannon Street,
London,
EC4N 6JJ, UK
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