Login
NSE GameNSE Game March 17, 2010
 
walapafx

walapaFx Frequently Asked Questions


1. What is walapaFx?
2. What is the simulation game about?
3. How long is a game.
4. What do I gain from playing the game?
5. How much does it cost to play the game?
6. Am I actually buying real stocks?
7. What is the myPositions tool about?
8. What information can I get from the myPositions tool?
9. What are the uses of the myPositions tool.

Ask us a question


1. What is walapaFx?

walapaFx is a walapa application that features a NSE(Nairobi Stock Exchange) simulation game and a myPositions tool used to track shares you own or are interested in.

2. What is the simulation game about?

Walapa has created a situation whereby a person receives virtual(not real) money each week. He/she has an opportunity to buy / sell stocks of companies that he/she is interested in. At the end of the game, the person who has made the most money is the winner.

3. How long is a game.

Currently, the game runs continuously.

4. What do I gain from playing the game?

Before you put your money in the NSE, it would be good to try it out in a game. Students doing finance / accounting can also learn through actual simulation. People abroad can also have a chance to compare the international markets to the NSE market and also decide for themselves if the NSE market is a good playing ground compared to other international markets.

5. How much does it cost to play the game?

Playing the game is free.

6. Am I actually buying real stocks?

No, the stocks are not real. The only real thing is the actual price that you buy the shares.

7. What is the myPositions tool about?

The myPositions tool is a way for each user to create a list of stocks that he/she are interested in or own.

8. What information can I get from the myPositions tool?

The actual value of each share in the list is displayed. The number of shares the user is interested in tracking. The total value of shares for a particular company. The total value of all the shares in the list.

9. What are the uses of the myPositions tool.

One can use the tool to track the performance of a group of stocks. The myPositions tool can also be used as a watch-list for shares one is interested in.