An in depth online tutorial explains all of the features. CyBerX is owned by CyBerCorp, a well regarded electronic broker for Day Traders. Nasdaq Head Trader Developed and operated by Nasdaq, this free software game puts users on a virtual trading desk where they make markets, plan strategy, buy and sell to make a trading profit, and learn what it's like to be a Nasdaq Market Maker. The game interface and information streams have been designed to be similar but not identical to the Nasdaq Workstation II, used by Nasdaq's more than 525 market-making firms. The player is given a chance to react to events that occur in the market such as changes in supply and demand, news, and the actions of computer Market Makers.
Players can participate in various competitions and, in some instances, win prizes.
Also, professors and other instructors can hold private competitions for their students. The best scores for each competition are posted to scoreboards until a better trader comes along. This is one of the best and most affordable ways to get acquainted with Nasdaq Level II quotes. And, since there are so many of us, there are literally hundreds of online destinations that we can visit to learn the ropes and test our various investing styles. Unlike trading simulators, investing simulators focus less on real time data streams and complex day trading tactics and more on investment strategy, simple order entry and portfolio tracking.