Thai bourse hosts massive online stock-trading simulation
The Stock Exchange of Thailand (SET) and SETTRADE.Com Co.,
Ltd. are organizing ‘SET Click2WIN:
Thailand Stock Simulation’ to provide practical experience for new
and experienced investors, with prizes totaling more than THB 3
million (approx. USD 86,000). The actual competition will be during
October and November, but players can preview the game at Money
Expo 2007 during May 10 – 13.
Part of SET’s investor base expansion strategy is to make investing
much more convenient through online investment, supported by education,
promotion and activities from the Exchange and SETTRADE, SET President
Ms. Patareeya Benjapolchai said.
“SET Click2WIN: Thailand
Stock Simulation is a virtual online investment game for both current
and novice investors from all over the country. The program’s training,
delivered through e-learning, will provide the information and methodology
needed to develop quality investors.”
The game, which employs real-time information from the market, is
Thailand’s first online stock game open to everybody, SETTRADE Managing
Director Ms. Chanisa Chutipat stated.
“SET Click2WIN is
a massive simulation which can accommodate well over 10,000 participants.
It lasts for nine weeks, and we expect there will be up to 12,000
players competing for about 200 prizes,” Ms. Chanisa said.
Applications to play will be accepted from April 30 – September
30, 2007, with the competition running from October 1 – November
30, 2007, and results to be announced in December.
There will be 2 groups of players — investors and experimenters.
‘Investors’ currently trade securities or have accounts with brokers,
while ‘experimenters’ are those who haven’t had a brokerage account
but wish to play before making a real investment.
“To encourage internet trading, there will be an incentive for new
or inactive investors. If anybody in these two groups wins a prize,
the amount they win will be doubled,” Ms. Chanisa added. (New investors
are those who open an account during January 3 – September 30, 2007,
while inactive ones have an existing internet trading account but
did not trade during November 1 – April 30, 2007.)
There are 121 prizes worth about THB 2 million for the ‘investors’
group. The first prize is made up of funds for trading worth THB
50,000 plus a TSI training course worth THB 50,000. There are also
2nd, 3rd and weekly prizes. The 10 weekly winners will each receive
THB 5,000 in funds for trading plus a THB 4,000 TSI course.
For ‘experimenters’, the winner will receive funds for trading worth
THB 30,000 plus a THB 8,000 TSI course. For this group also there
are 2nd, 3rd and weekly prizes. The 10 weekly winners will each
receive THB 3,000 in funds for trading plus a THB 2,000 TSI course.
SET Click2WIN is supported
by 15 securities firms --- ACL Securities Co., Ltd., Adkinson Securities
PCL, Asia Plus Securities PCL, Capital Nomura Securities PCL, DBS
Vickers Securities (Thailand) Co., Ltd., Finansa Securities Limited,
Kasikorn Securities PCL, KGI Securities (Thailand) PCL, Kiatnakin
Securities Co., Ltd., Kim Eng Securities (Thailand) PCL, Phatra
Securities PCL, Seamico Securities PCL, Siam City Securities Co.,
Ltd., Thanachart Securities PCL, Trinity Securities Co., Ltd.
Other supporters include Post Today Newspapers and Major Cineplex
Group PCL as media partners, together with Money Channel, Money
& Wealth Magazine, Association of Securities Companies and Association
of Investment Management Companies.
Applications to play can be made online at
www.settrade.com/click2win. More information is also available
on the website or call SET Call Center on 0-2229-2222.
Trial games will be available at Money Expo 2007 during May 10 –
13 at the Hall A area of Queen Sirikit National Convention Center.
For more information, please contact the Corporate Communications
Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037
Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien