Rules of the game:

• Leaderboards and Rankings

  The final rankings will be determined whichever user has the mostcash. When a team's on the brink of elimination, you'll have to decide whether to cash out early, or trust your team and their elimination dividend.

  Of course, it's not wise to leave your cash uninvested. A leaderboard just based on cash wouldn't be very accurate in the middle of a stage. As such, the homepage leaderboard users a different criterion, portfolio value, until the World Finals are over. Once Stage 3 concludes, the rankings will be updated to use the final cash amounts.

  The leaderboard contains a more detailed learbard, with the ability to switch between sorting between portfolio value, user cash, and dividends received. Use these different rankings to view who's portfolio is generating the most passive income versus which are worth the most.

• IPOs

  Investing in IPOs

  Users now have the chance to invest directly in their favorite teams! Before the start of the stage, you'll be able to invest in each team's Initial Public offering. To partake, visit the IPOs page and select the team you want to invest in. There, you can purchase as many "stakes" in the team as you'd like. If you've realized you've overvalued a team, or the market is undervaluing an underdog, you'll able to sell any stakes you own up until the IPO closes.

  What happens when the IPO closes

  While an IPO is active, users are able to purchase an arbitrary amount of stakes in as many team's IPOs. Once the IPO closes, users will receive 1 share for each 1% stake owned in a stock. I.e. users will receive shares in the company equal to their percentage owned in the IPO. After the conversion, the IPO shall close and users will NOT be able to buy or sell new stakes in the IPO.

• Placing trades

  Trades can be placed using the place trade form, entering a valid ticker and a positive price and quantity. Fractional prices and quantities are allowed, e.g. you can buy 0.27 shares of a stock.

  Trades can only be placed if there stock is able to be traded, and there is enough available cash to cover the transaction. Teams that have an open IPO or have been eliminated are not able to be traded. Available cash is the total cash you have in your account, minus the cash required to complete any pending buy orders

  Once placed, the trade will be labeled as "active" in the trades page until it's filled. Terminating a trade will stop any new fills, but won't refund any portion of the trade that has been filled. The progress towards a trade being filled is shown in the interactive graph for each trade.

  It's important to note that buy trades will settle for any amount less than or equal to the specified price per share. This means that if you place a 1 share buy order at $10/share, if there is a $8/share sell order, there is a chance your order would settle at $8/share. If you unexpectedly have more money than you expect after buying a share, this is why. Sell orders always settle to sell price, so you'll never get more money from a sell order than you were expecting.

  Additionally, trades that have settled with yourself are excluded from the calculations of most metrics, as no actual exchange of stock and cash have taken place. In effect, they will cancel eachother out. For example, placing a sell order of 10 shares at $5/share and a buy order of 5 shares at $6/share will result in the 5 shares of your buy order cancelling out 5 shares of your sell order, leaving you selling 5 shares at $5/share.

• Dividends

  Dividends are paid out pro-rata for each share. For this beta, each team only has 100 shares. That means for each share you own, you will receive 1% of the dividend payout. There are two types of dividend payments: match dividends and placement dividends.

  Match dividends:

  Each match played has a $1k prizepool depending on the map score. The payout for each team is (maps won/maps played) * 1,000. Match results are sourced from Liquipedia Overwatch automatically, although there might be some delays due to processing times.

  Placement dividends:

  Once the stage ends, the prize money each team earned is paid out as a dividend to all shareholders. The prize money is as follows

  NA and EU:

  Placement	Prize Money
  1st	$30,000
  2nd	$20,000
  3rd	$14,500
  4th	$10,500
  5th-6th	$7,500
  7th	$5,000
  8th	$5,000

  Korea Stage 3:

  Placement	Prize Money
  1st	$15,000
  2nd	$10,000
  3rd	$6,500
  4th	$5,000
  5th-6th	$3,500
  7th	$3,000
  8th	$3,000
  9th	$2,000

• Stocks

  Each stock has 3 prices listed. The Current price, Bid, and Ask.

  • Current price: the price of the last completed fill, i.e., the price of the most recent successful exchange of shares.
  • Bid: the price of the highest buy order.
  • Ask: the price of the lowest sell order.

  Additionally, each stock has the following additional metrics when clicked.

  • Daily percent change: the percent the stock price has increased or decreased in the last 24 hours.
  • Most recent dividend payment per dollar per share: tracks the dividend received per unit of stock, divided by the current price of the stock. Use it to determine whether the stock has good rates of return for its shareholders.
  • Graph price change: the percent the stock price has increased/decreased over the time range specified for the graph.
  • Gain/Loss since purchase: the amount the stock price has increased/decreased since the stock was purchased. Only appears if logged in.