The virtual stock exchange is created to be a knowledge game which aims at achieving as much value as possible of the portfolio that is created by buying and selling the shares listed on the North Macedonian Stock Exchange with the virtual money allocated by the registration of each student-trader.
The virtual stock exchange is a simulation of the real trading on the North Macedonian Stock Exchange because the student’s traders are using the virtual money for buying and selling real securities traded on the North Macedonian Stock Exchange at the real time. In addition to the educational character, this game aims at each participant to stimulate the achievement of the greatest profit in trading in the virtual stock market. At the same time, the participants in the game can evaluate their real portfolio realized from the trading on the North Macedonian Stock Exchange. By registering in the game, the participants initially are given 500,000 MKD of virtual money, which will enable them to buy and sell shares listed on the official market of the North Macedonian Stock Exchange.
IBU students practiced this tool at the course Investments for already two years, mostly for presenting the process of securities trading while the simulation platform of the Virtual Stock Exchange which is open from the mid-November till the end of June each academic year already six years in a row presents prize-winning game followed by the announcement of three most successful participants who have achieved the highest value of their portfolio.
Unfortunately, all of the students’ success/failures and lessons learned from the virtual security trading were not well disseminated, nor is practiced as a method of capacity development in securities trading among the students.