You may also make additions to your cash account whenever you wish. As soon thereafter as official election results are available, the popular vote totals will be used to determine payoffs. You will receive a check for your total dividends plus the balance in your cash account. Specifically, you will earn profits on any sale of a share at a price higher than the dividend it will earn in November and on any purchase of a share at a price lower than its November dividend. The market operates on a College of Business computer network and can be accessed from any PC or terminal connected to virtually any computer network on the UI campus.
Remote access using telephone modems is also available.
Registered traders will be given an individual computer account from which they can make transactions. Traders will be able to trade shares in the candidates continuously from the day they register until the close of the market. The computerized market provides facilities for obtaining information about the trader's account or the market, for buying or selling portfolio blocks, and for issuing offers to buy and sell individual shares. Yes, selecting the IPSM option from a PHBA network or using telnet to login to the IPSM from other campus networks will initiate the market access program and allow you to see current prices on shares of each of the candidates. If you would like further information on how to access the IPSM or trade on the practice market, please contact the market administrator at 335-0885.