Wharton Asia Exchange

Asian Equities Trading Competition

WAX

Focus on business in all of AsiaFoster cultural and professional exchanges

between the university and AsiaBuild a network of leading authorities in

various fieldsHelp members develop academic and

professional skills in an environment of cultural awareness

About the Competition Four weeks of trading to see who can

increase the value of their portfolio the most

Benefits:Learn more about the Asian marketsFind opportunities to exploreAn experience to talk about during interviews Access to comprehensive market reportsParticipate in an exclusive workshop

TimelineMarch 23: Info Session

March 24: Deadline for Registration

April 15: Workshop

April 28: End of Competition

TeamsRegister individually orRegister in teams of 2-3

AwardsFirst place: $100 cash per teamSecond place: $50 cash per teamThird place: $50 cash per team

OTIS• Initial Cash: $100,000 USD

• Securities which can be traded: Asia/Pacific: Australia, China, Hong Kong, Japan, Malaysia, New Zealand, Papua New Guinea, Philippines, Singapore, South Korea, and Taiwan

• Day trading: Disabled• Commission Rate: Flat Rate $25.00• Duration for GTC (Good-Till-Cancelled) orders: 14 DAYS

• Liquidity Constraints on Equities: Equity Trading is limited to 5.00% of the average daily volume for that stock for past five trading days.

• Trading on Margin: Enabled• Short Selling: Enabled

Link: http://qbox.wharton.upenn.edu/otis/index.cfm

ResourcesNews Sources

Economic Indicators

Company DataThomson Database of Analyst Reports

Download the full package from our website: www.whartonasia.net

Q&AIf you have any other questions about the registration process, OTIS, or competition details, please contact:

Linda Dong: ldong@wharton.upenn.edu

Remember to register by Tuesday!