What is a good Finance/Economy show or program?

cnbc fast money
Jason Radin asked:


I need a good finance channel to watch. I hear CNBC Fast Money is good.
Please tell me the name of your favorite finance show, and the time it airs.

used rims
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why wasn’t mad money on CNBC today?

cnbc fast money
Flight asked:


They repeated Fast money about 5 times, and no other programming was on (mad money, the big idea..)

new site
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CNBC Million Dollar Portfolio Challenge Finalists Announced

Today on the Half Time report ;the noon time market rundown program hosted by Scott Wappner;the two finalists of the CNBC Contest were presented to the public.

The Finalist will be back on CNBC at 2:30 PM EST.The Winner will be Revealed

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CNBC Million Dollar Portfolio Challenge Running Again

Well the contest resumed after a one week hiatus due to cheating

CNBC couldn’t say little enough about this issue or even acknowledge the contest was running again !

Could it be a PR nightmare? .

Looking at some of the sarcastic , anti Wall Street comments posted regarding this embarrassment on the internet such as:

“Imagine that; insider trading in a stock trading contest”.

Is it any wonder the company put it on the back burner ?

Still, the C.N.B.C. Million Dollar Portfolio Challenge is relegated to the “back woods” of the CNBC publicity machine in a way we haven’t seen ever before !

Hopefully they will at least tell us who won LOL

So here are the new rules which were updated on Oct 30

Contest Rules and Regulations

CNBC Portfolio Challenge

Official Rules

August 21, 2011 – December 2, 2011

NO PURCHASE NECESSARY. VOID WHERE PROHIBITED.

RULES UPDATED ON OCTOBER 30, 2011

1. Acknowledgment:

By registering to play the CNBC Portfolio Challenge (the “Contest”) on milliondollar.cnbc.com (the “Site”) and by checking the “I have read and agree to the rules of CNBC’s Million Dollar Portfolio Challenge” box on the contest registration page, you (“you” or “Participant”) acknowledge that you have read these official rules and Exhibit A (Currency Trading Rules) attached hereto (collectively, the “Rules”), understand them and agree to be bound by all of the terms and conditions of the Rules and any amendments thereto, and by the decisions of CNBC which are final and binding and are not subject to appeal. You further agree to waive any claim based on any alleged ambiguity or error in any Contest materials including but not limited to the Rules, the selection of the Winners or the administration of the Contest itself. BY ENTERING, YOU AGREE THAT CNBC MAY CONDUCT A BACKGROUND INVESTIGATION ON YOU AND YOU AUTHORIZE CNBC TO CONDUCT SUCH BACKGROUND INVESTIGATION.

2. Eligibility Criteria:

You must be (a) a permanent legal resident of the United States of America (“U.S.”), physically residing within the fifty (50) U.S. or the District of Columbia with a valid U.S. Social Security Number or a valid U.S. personal tax identification number (residents of Puerto Rico, Guam, the U.S. Virgin Islands and any other U.S. territory or possession are excluded from entry and participation), (b) legally and habitually resident in the United Kingdom, physically residing within England, Scotland, Wales or Northern Ireland (residents of Anguilla; Bermuda; British Antarctic Territory; British Indian Ocean Territory; British Virgin Islands; Cayman Islands; Falkland Islands; Gibraltar; Montserrat; Pitcairn; St Helena and St Helena Dependencies (Ascension and Tristan da Cuhna); South Georgia and South Sandwich Islands; Turks and Caicos Islands; Sovereign Base Areas of Akrotiri and Dhekelia in Cyprus and any other territory or possession are excluded from entry and participation) or (c) a permanent legal resident of Australia, physically residing in the six (6) Australian states, Northern Territory and Australian Capital Territory (residents of Ashmore and Cartier Islands, Christmas Island, Cocos (Keeling) Islands, Coral Sea Islands, Heard and McDonald Islands, Norfolk Island and any other territory or possession are excluded from entry and participation. You must also be at least eighteen (18) years old or the age of majority in your country or state of residence, if such age of majority is greater than eighteen (18), as of August 21, 2011. The following people are not eligible to participate in the Contest: (i) employees of CNBC LLC, 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 (“CNBC” or “Sponsor”), NBCUniversal Media, LLC, 30 Rockefeller Plaza, New York, NY 10112, Comcast Corporation, 1701 JFK Blvd., Philadelphia, PA 19103 (collectively, “Contest Entities”), and their respective parent, subsidiary, and affiliate companies, and their administrative, advertising and promotion agencies and any other entity, if such agency or entity is involved in the development, administrative, advertising, prizing, promotion, or implementation of the Contest (including without limitation Forex Capital Markets, Inc. (“FXCM”) and Markit On Demand), (ii) immediate family members and/or household members of any person set forth in (i) above, and (iii) anyone who has been convicted of a securities-related crime or who has been fined or formally sanctioned or disciplined in any securities-related proceeding initiated by any governmental or regulatory authority (including without limitation self-regulatory entities). “Immediate family member” shall mean spouse, parents, step-parents, children, step-children, siblings and their respective spouses. “Household members” shall mean people who share the same residence at least three (3) months during the immediately prior twelve (12) month period (whether related or not). The Contest is void wherever prohibited, and subject to all applicable national, federal, state and local laws and regulations.

3. Summary of Contest

The Contest is a simulated equity and currency trading game that provides Participants with up to five (5) fictional trading accounts (“Portfolios”), one million (1,000,000) fictional U.S. dollars (“CNBC Bucks”) per Portfolio, and the fictional ability to trade individual stocks and exchange traded funds on the NYSE, NASDAQ, AMEX, LSE, and/or ASX exchanges and certain currency pairs. Participants can compete in the Contest by creating up to five (5) separate Portfolios to compete against all other Portfolios. At the conclusion of each trading week of the Contest (the duration of which is set forth in Section 7 below), the Participant with the individual Portfolio with the highest percentage gain in its aggregate value during such week will be declared the potential prize winner for such week (each a “Weekly Winner”) and such Weekly Winner may be announced (where permitted by law) on CNBC television and/or CNBC.com and shall be awarded a weekly prize (each a “Weekly Prize” and collectively, the “Weekly Prizes”). Additional Weekly Prizes will also be awarded as described in detail in Rule 16 below. For a detailed explanation of portfolio valuation, see below. At the end of ten (10) weeks of trading, the Portfolio that has the highest total Portfolio value will be declared a potential Winner of the overall Contest and, subject to confirmation of eligibility, will be awarded the Grand Prize described in Rule 16 below (the “Grand Prize”). Specific details regarding Prizes are set forth in Rules 14-16. The potential Winner of the Grand Prize may be announced (where permitted by law) on CNBC television and/or CNBC.com. By way of clarification, potential Winners will be determined on the basis of the performance of a single Portfolio, regardless of the number of Portfolios they may have submitted. Each Participant can win no more than one (1) Weekly Prize, in addition to either the Grand Prize or Second Prize irrespective of the number of Portfolios entered by that Participant. If a Participant has more than one (1) Portfolio, only the highest scoring Portfolio created by that Participant will be eligible each week for a Weekly Prize and at the end of the Contest for the Grand Prize. Although the mobile version of the Site allows for Contest registration (after September 19, 2011) and viewing of Portfolio balances, all other Contest-related actions must be made on the full, non-mobile version of CNBC.com.

4. Duration of Contest:

The Contest will begin on September 19, 2011 at 9:30:00 ET and end on December 2, 2011 at 4:00:00 ET (the “Contest Term”). All times listed in these Rules will be U.S. Eastern Standard Time / U.S. Eastern Daylight Standard Time (“ET”). You should check your local time zone in relation to Eastern Standard Time / Eastern Daylight Standard Time.

5. Registration:

Participants must first register for CNBC.com in order to register for the Contest and each individual’s Portfolios will be allocated to the specific single CNBC.com account used by the individual to register for the Contest. By registering for CNBC.com, you agree to the Terms of Service and Privacy Policy thereof, and such Terms of Service and Privacy Policy are incorporated by reference into these Rules. Registration is a self-service, online and mobile-only process that can be accessed by clicking on the registration page at the Site between 20:00:00 ET on August 21, 2011 and 16:00:00 ET on December 1, 2011. Mobile registration will be available starting September 19, 2011. DATA RATES MAY APPLY. No registration will be permitted after December 1, 2011 at 16:00:00 ET. Any Participant who registers after Sunday of a given week at 16:59:59 ET will not be eligible to win the Weekly Prize for such week. Each Participant can register only once and must provide a single CNBC.com account (with associated email address and password) which he/she must use when participating in the Contest. Participants are responsible for maintaining the security of their CNBC.com account information and password. Registration is free. Any attempt (successful or unsuccessful) by any Participant to register multiple times by any means, including but not limited to through the use of multiple email accounts, as determined by CNBC in its sole discretion, may result in disqualification of all accounts and Portfolios submitted by that Participant.

The following information is required for registration: first name, last name, valid email address, mailing address (including street, city, state, country and zip/postal code) of legal residence, telephone number, date of birth, gender, User Name (as defined below) and household income (optional).

By entering, you agree that CNBC may disclose (where permitted by law) your first name, last name, city, state and country of residence, at any time during the course of, or after, the Contest, either on-air on CNBC,on the Site, or in any other medium, at the discretion of CNBC. If you win any prize, you agree that CNBC may disclose your first name, last name, telephone number, country of residence and email address to Contest prize providers for the purposes of awarding prizes. If you upload your photo, you agree that it shall only be a photo of you, for which you own the copyright, and you further agree that CNBC shall have the right (where permitted by law) to use such photo on-air on CNBC, on the Site, or in any other medium, in connection with the Contest. You agree that any information transmitted to the Site in connection with the Contest is not confidential and may be used in accordance with the terms of CNBC.com’s Privacy Policy. You agree that any and all information that you supply in the registration process is current, truthful and complete. To the extent that any such information is not current, truthful and complete, you may be disqualified from the Contest.

During registration, you will have an opportunity to receive information from CNBC and selected partners by checking the appropriate box(es). If at any time, you no longer wish to receive materials from CNBC or our partners, please go to our privacy policy located at http://www.cnbc.com/id/15837339/, or the applicable partner’s privacy policy and follow the procedures indicted.

During registration or at certain other times during the Contest Term, each Participant must select a unique User Name or Screen Name (collectively “User Name”) and unique Portfolio Names. User Names must not be inappropriate, as determined by CNBC or the Site’s support staff in their sole discretion. This includes, without limitation, names that are harmful, defamatory, racist, ethnically derogatory, obscene, vulgar, sexually explicit, profane or objectionable, whether in English or any other language. User Names must not violate any applicable laws, rules or regulations; this specifically pertains to copyrighted names and/or possible trademark infringements. Examples of prohibited use of copyrighted or trademarked names are the names of well-known products, services or concepts. Participants may not use the names of famous individuals, celebrities, sports figures or politicians. Participants may not choose a name to intentionally impersonate or harm the reputation of another person. Participants may not use names that refer to drugs or that are drug-related. Participants may not use names where a combination of the first and last names violates any of these guidelines. Participants may not use misspellings, alternative spellings or homonyms of names that violate these provisions. Participants may not use names that are combinations of words that violate any of the above rules. User Names cannot be changed unless CNBC consents to such name change. The rules of conduct regarding message boards are included in the CNBC.com Terms of Service and Privacy Policy and may be displayed on the Site. Violation of any of these Rules, or any other CNBC rules, as determined by CNBC in its sole discretion, may result in the Participant’s disqualification from the Contest.

6. Portfolios:

Each Participant may register and play up to five (5) different Portfolios in the Contest, each of which must be given a different name by the Participant, but which may have the same name as other Participants’ Portfolios. Portfolio names must not be inappropriate, as determined by CNBC or the Site’s support staff in their sole discretion. This includes, without limitation, names that are harmful, defamatory, racist, ethnically derogatory, obscene, vulgar, sexually explicit, profane or objectionable, whether in English or any other language, and including without limitation misspellings, alternative spellings, homonyms or word combinations of such names. If any Portfolio’s name is deemed by CNBC, in its sole discretion, to be inappropriate, the Participant who created the Portfolio and all such Participant’s Portfolios will be disqualified from the Contest. Once a Portfolio has been named, the name cannot be changed nor can a Portfolio be deleted or replaced with a new or different Portfolio. Each of a Participant’s Portfolios may be created at any time, . Each Portfolio will compete individually against all other Portfolios registered for the Contest.

Each Portfolio begins the Contest with one million (1,000,000) CNBC Bucks, nine hundred thousand (900,000) of which are allocated to its equity account (sometimes referred to on the site as the “Stock and ETF Portfolio” or the “Equity Portfolio”) to create and manage a fictional portfolio of NYSE, NASDAQ, AMEX, LSE and/or ASX-traded Equities (the “Equity Account”), and one hundred thousand (100,000) of which are allocated to its currency account to create and manage a fictional portfolio of currency pairs (the “Currency Account”). CNBC Bucks cannot be transferred between Equity Accounts and Currency Accounts. CNBC Bucks cannot be exchanged for real currency and have no cash value.

7. Determination of Winners

Each week, according to the schedule set forth below, the percentage gain (or loss) for each Portfolio will be determined by calculating the difference between the value of the Portfolio (i) following the end of the prior week, after all transactions for the prior week have been processed and all Bonus Bucks (as defined below) for the prior week have been awarded (the “Weekly Opening Balance”) and (ii) at the end of the current week, after all transactions have been processed for the current week and all Bonus Bucks have been awarded for the current week. For Week One, the Weekly Opening Balance shall be one million (1,000,000) CNBC Bucks (allocated nine hundred thousand (900,000) CNBC Bucks to the Equity Account and one hundred thousand (100,000) CNBC Bucks to the Currency Account) for all Portfolios. For any Portfolio created after Week One, the Weekly Opening Balance for such Portfolio’s first week shall be one million (1,000,000) CNBC Bucks (allocated nine hundred thousand (900,000) to the Equity Account and one hundred thousand (100,000) to the Currency Account). (See Rule 14 for a full description of the weekly calculation process and tie breakers and Rule 12 for a full description of Portfolio Valuation.)

Weekly Schedule:

Week 1 (Sep. 19, 2011 to Sep. 24, 2011)

Currency Trading starts on Sep. 19, 2011 at 9:30:00 ET and ends on Sep. 23, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Sep. 19, 2011 to Sep. 23, 2011.

United Kingdom Real-time trading starts at 9:30:00 ET and ends at 11:30:00 ET on Sep. 19, 2011 only.

United Kingdom Real-time trading continues at 3:00:00 ET and ends at 11:30:00 ET everyday from Sep. 20, 2011 to Sep. 23, 2011.

Australia Real-time trading starts at 20:00:00 ET and ends at 2:00:00 ET everyday from Sep. 19 2011 to Sep. 23, 2011.

Week 2 (Sep. 25, 2011 to Oct. 1, 2011)

Currency Trading starts on Sep. 25, 2011 at 17:15:00 ET and ends on Sep. 30, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Sep. 26, 2011 to Sep. 30, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Sep. 26, 2011 to Sep. 30, 2011.

Australia Real-time trading starts at 20:00:00 ET and ends at 2:00:00 ET everyday from Sep. 25, 2011 to Sep. 30, 2011.

Week 3 (Oct. 2, 2011 to Oct. 8, 2011) Daylight savings in Australia starts on Oct 2, 2011

Currency Trading starts on Oct. 2, 2011 at 17:15:00 ET and ends on Oct. 7, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Oct. 3, 2011 to Oct. 7, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Oct. 3, 2011 to Oct. 7, 2011.

Australia Real-time trading starts at 19:00:00 ET and ends at 1:00:00 ET everyday from Oct. 2, 2011 to Oct. 7, 2011.

Week 4 (Oct. 9, 2011 to Oct. 15, 2011)

Currency Trading starts on Oct. 09, 2011 at 17:15:00 ET and ends on Oct. 14, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Oct. 10, 2011 to Oct. 14, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Oct. 10, 2011 to Oct. 14, 2011.

Australia Real-time trading starts at 19:00:00 ET and ends at 1:00:00 ET everyday from Oct. 9, 2011 to Oct. 14, 2011.

Week 5 (Oct. 16, 2011 to Oct. 22, 2011)

Currency Trading starts on Oct. 16, 2011 at 17:15:00 ET and ends on Oct. 21, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Oct. 17, 2011 to Oct. 21, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Oct. 17, 2011 to Oct. 21, 2011.

Australia Real-time trading starts at 19:00:00 ET and ends at 1:00:00 ET everyday from Oct. 16, 2011 to Oct. 21, 2011.

Week 6 (Oct. 30, 2011 to Nov. 4, 2011) Daylight savings in UK ends on Oct. 30, 2011

Currency Trading starts on Oct. 30, 2011 at 17:15:00 ET and ends on Nov. 4, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Oct. 31, 2011 to Nov. 4, 2011.

United Kingdom Real-time trading starts at 4:00:00 ET and ends at 12:30:00 ET everyday from Oct. 31, 2011 to Nov. 4, 2011.

Australia Real-time trading starts at 19:00:00 ET and ends at 1:00:00 ET everyday from Oct. 30, 2011 to Nov. 4, 2011.

Week 7 (Nov. 6, 2011 to Nov. 11, 2011) Daylight savings ends in US on Nov. 6, 2011

Currency Trading starts on Nov. 6, 2011 at 17:15:00 ET and ends on Nov. 11, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Nov.7, 2011 to Nov. 11, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Nov. 7, 2011 to Nov. 11, 2011.

Australia Real-time trading starts at 18:00:00 ET and ends at 24:00:00 ET everyday from Nov. 6, 2011 to Nov. 11, 2011.

Week 8 (Nov. 13, 2011 to Nov. 18, 2011)

Currency Trading starts on Nov. 13, 2011 at 17:15:00 ET and ends on Nov. 18, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Nov.14, 2011 to Nov. 18, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Nov. 14, 2011 to Nov. 18, 2011.

Australia Real-time trading starts at 18:00:00 ET and ends at 24:00:00 ET everyday from Nov. 14, 2011 to Nov. 18, 2011.

.

Week 9 (Nov. 20, 2011 to Nov. 25, 2011)

Currency Trading starts on Nov. 20, 2011 at 17:15:00 ET and ends on Nov. 25, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Nov.21, 2011 to Nov. 23, 2011.

United States Real-time is closed on Nov 24, 2011.

United States Real-time trading continues at 9:30:00 ET and ends at 13:00:00 ET on Nov. 25, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Nov. 21, 2011 to Nov. 25, 2011.

Australia Real-time trading starts at 18:00:00 ET and ends at 24:00:00 ET everyday from Nov. 20, 2011 to Nov. 25, 2011.

.

Week 10 (Nov. 27, 2011 to Dec. 2, 2011)

Currency Trading starts on Nov. 27, 2011 at 17:15:00 ET and ends on Dec. 2, 2011 at 16:00:00 ET.

United States Real-time trading starts at 9:30:00 ET and ends at 16:00:00 ET everyday from Nov.27, 2011 to Dec. 2, 2011.

United Kingdom Real-time trading starts at 3:00:00 ET and ends at 11:30:00 ET everyday from Nov.27, 2011 to Dec. 2, 2011.

Australia Real-time trading starts at 18:00:00 ET and ends at 24:00:00 ET everyday from Nov.27, 2011 to Dec. 2, 2011.

NOTE: Every Friday, from 18:00:00 ET to 24:00:00 ET, users will not have access to view their currencies portfolio.

To be eligible for Weekly Prize, the winning Portfolio must (i) have a total value of at least two hundred fifty thousand (250,000) CNBC Bucks after all transactions have been processed and all Bonus Bucks have been awarded following the end of trading on the Friday of the prior week, and (ii) have been created as of 17:00:00 ET on the Sunday before such week (other than Week One, which shall require Portfolios to have been created as of 19:59:00 ET on the Sunday of such week) (“Weekly Winner”).

The Participant who has the Portfolio with the highest aggregate value at the end of the Contest (“Grand Prize Winner”) will be awarded the Grand Prize, subject to confirmation of eligibility. The Participant who has the Portfolio with the second highest aggregate value at the end of the Contest (“Second Prize Winner”) will be awarded the Second Prize, subject to confirmation of eligibility. (See Rule 14 for a full description of the Contest ending calculation process and tie breakers).

8. Equity Trading:

The Site will post a list of all stocks and exchange traded funds (“ETFs” and together with stocks, “Equities”) that are eligible for trading in the Contest, all of which U.S.-based Equities must have a one hundred (100) day average trading volume of at least fifty thousand (50,000) shares, and which stocks must have a market capitalization of at least five hundred million U.S. Dollars (US$500,000,000), all of which UK-based Equities must be part of the FTSE 100, all of which Australia-based Equities must be part of the ASX 200, and all of which stocks and ETFs must have a price per share of at least two U.S. dollars (US$2.00), each as of the close of the markets on September 14, 2011 (the “Eligible Equities”). Equities cannot gain eligibility for the Contest after September 14, 2011. Any Equities that are not listed as Eligible Equities on the Site as of September 14, 2011 will not be eligible to be traded in the Contest, even if they may have been mistakenly left off the list of Eligible Equities. Equities that are deemed eligible for the Contest as of September 14, 2011 and subsequently fall below one or more of the above-described average trading volume threshold or the market capitalization threshold (for stocks) or share price threshold (for ETFs), or are removed from the FTSE 100 or ASX 200, as applicable, will not lose eligibility for the Contest. Equities that are incorrectly placed on the Eligible Equities list as of September 14, 2011 will remain eligible to be traded throughout the Contest. Initial Public Offerings that take place after September 14, 2011 will not gain eligibility for the Contest. Limit orders, open orders, short selling, margin buying, and the trading of derivatives, options, bonds, mutual funds or other securities is not permitted. CNBC reserves the right to suspend trading in certain Equities or certain types of trades not specified in these Rules due to unusual trading situations, computer system errors or situations beyond the control of the Contest. Each Portfolio’s Equity Account can have up to fifty (50) holdings at any given time. Participants will be able to enter pending trades into a queue during times that each market is closed (“After-Hours”). All orders submitted After-Hours will be executed once the respective market opens at the first “last sale” price when that market opens. Participants can only have a maximum of twenty-five (25) pending trades in each Portfolio’s queue at any time and can cancel all pending trades prior to the next market open. Each Portfolio can not have more than one pending trade for the same ticker symbol in pending trade status. No commissions will be charged for trades in the Equity Account. Because there might be more than one (1) Equity with the same ticker symbol, each Equity’s ticker symbol will also display a flag indicating whether that Equity is from the U.S., Australia or the United Kingdom.

Regardless of whether an actual Equity is priced in U.S. Dollars, Australian Dollars or British Pounds, all Equity trades are priced and executed in U.S. dollars, based on the exchange rate provided by FXCM at the time of the trade. The FXCM exchange rate is refreshed by FXCM every ten (10) seconds.

Equity trades are entered on the Site by clicking on the “Trade Equities” button in the ”My Portfolios” section then entering the ticker symbol of the equity you would like to lookup or trade, click search, then select trade type and the desired number of shares (in whole numbers) and then complete by clicking Execute Trade. A trade is defined as the Participant’s submitting of the trade type, symbol and number of shares, which results in the purchase of the stock of a single company or a single ETF for cash CNBC Bucks or the sale of the stock of a single company or single ETF for cash CNBC Bucks. Submitting a trade order with the trade type, symbol and number of shares in your Equity Portfolio, whether a buy or sell trade type, will result in the purchase or sale of the stock of such company or ETF. A new trade request for a particular Equity cannot result in the portfolio percentage for such Equity being greater than twenty-five percent (25%) as of the time the trade is submitted. Portfolio shares must be requested in whole numbers; however, if a Portfolio does not have sufficient available cash CNBC Bucks to make the full amount of the requested purchase, the trade will be partially executed and the number of shares of such Equity will be lowered from the requested amount to the highest whole number for which the Portfolio can purchase such Equity. If a Portfolio’s Equity Account does not have any cash CNBC Bucks available to purchase the Equity, the trade will not be executed.

If, for any trading day, no trades are submitted for a particular Equity, the number of shares of such Equity held by the Portfolio will not be changed, although the percentage value of that Equity compared to the Portfolio’s aggregate value (the “Portfolio Percentage”) of such Equity may change due to the value of such Equity in relation to the overall value of the Portfolio’s Equity Account.

If, due solely to its performance or the performance of other Equities in a Portfolio and not due to a submitted trade, such Equity’s Portfolio Percentage increases above twenty-five percent (25%), such Equity’s Portfolio Percentage will be permitted to remain above twenty-five percent (25%) until such time as the Participant submits a trade for the shares of such Equity. If any such trade is submitted, shares of such Equity must be sold such that the Portfolio Percentage of such Equity is no greater than twenty-five percent (25%).

Participants can submit equity trades seven (7) days per week, at any time except during the period each trading day, if any, when maintenance is being performed on the Site. All trades for a particular Equity will be executed at the next “last sale” price. It is possible that submitted trades may not be executed for extended periods due to the lack of an actual trade of such Equity in the real market. During after-hours for each exchange, Participants will not have the ability to prioritize equity trades submitted into their queue. Trades will be executed based on the timing of the underlying trade event – not based on the order of the pending trades within the queue.

If a Participant submits an Equity trade that either exceeds the daily maximum number of Equities, or is otherwise deemed inappropriate or in any way not in compliance with the letter and/or spirit of these Rules, as determined by CNBC in its sole discretion, such trade will not be processed. If a Participant submits a buy trade and the Portfolio’s Equity Account does not have enough available cash CNBC Bucks to purchase the number of entered shares, the Portfolio will receive the maximum amount of such Equity in whole-number shares available to be purchased based on the Equity Account’s available cash CNBC Bucks balance. Pending Equity trades submitted during after-hours can be cancelled prior to the opening of the respective Equity’s market. It is each Participant’s responsibility to review the “All Holdings” section of the Equity Trading portion of the Site for each of his/her Portfolios and confirm that all submitted Equity trades have been executed by the Site. The Contest will not recognize any attempted trades that have not been submitted through the normal internet browser environment of the Site and executed by the Site, and CNBC shall have the right, in its sole discretion, to disqualify any Participant who makes or attempts to make any such trades. CNBC shall have the right, in its sole discretion, to disqualify any Participant who attempts (successfully or unsuccessfully) to enter, change or delete a trade retroactively.

9. Currency Trading:

Detailed rules regarding the Currency Trading portion of the Contest are found at the end of these Rules, attached as Exhibit A and incorporated by reference herein. In the event of any inconsistency between these Rules and the Currency Trading Rules, these Rules will govern to the extent of any such inconsistency. The Contest will not recognize any attempted trades that have not been submitted through the normal internet browser environment of the Site and executed by the Site, and CNBC shall have the right, in its sole discretion, to disqualify any Participant who makes or attempts to make any such trades. CNBC shall have the right, in its sole discretion, to disqualify any Participant who attempts (successfully or unsuccessfully) to enter, change or delete a trade retroactively.

Each Portfolio’s Currency Account’s trades are processed and its balances are recalculated on a simulated real-time basis, continuously from Sundays at 17:15:00 ET through Fridays at 16:00:00 ET, but the Currency Account’s balance is marked to market at 16:00:00 ET and transmitted to the overall Portfolio’s balance after 16:00:00 ET on such trading day.

During the registration period, Participants will be able to practice Currency Trading in each of their Portfolios. Such Currency Accounts will begin with one hundred thousand (100,000) CNBC Bucks. At the start of the Contest on September 19, 2011, such Portfolios will be reset to one million (1,000,000) CNBC Bucks (nine hundred thousand (900,000) CNBC Bucks in Equity Accounts and one hundred thousand (100,000) CNBC Bucks in Currency Accounts), such that all practice currency trades will not count towards the Contest results.

10. Pricing of Trades:

Equity trades submitted on equity trading days (Sunday through Friday, other than market holidays) will be priced and executed in real-time as reported to the Site by Markit On Demand, based on pricing information provided to CNBC by NYSE RRP, NASDAQ LS, NYSE ARCA AND Reuters RMDS, Equity trades submitted on weekends, market holidays and after during after-hours on equity trading days will be priced at the Equity’s first last-sale price for the next trading day for that exchange. For purposes of this Contest, the real-time pricing is the next last-sale price reported to the Site by Markit On Demand. The official time for all equity trades will be determined in accordance with Markit On Demand’s internal clock, maintained at Markit On Demand’s offices.

Pricing of trades in your Currency Account is determined on a real-time basis by FXCM based on a combination of prices provided by multiple global banks and financial institutions, which takes the best bid (sell) and ask (buy) price available, and marks it up by approximately one (1) “pip” (as defined in the Currency Trading Rules). Pricing is updated continuously, however the frequency at which the trading screen is automatically refreshed to see the real time rate is every twenty (20) seconds. You can refresh your trading screen manually at any time to see the real time rate. Furthermore, execution of all types of orders will occur at the real time rate. The price you receive for a particular currency trade may be higher or lower than the price indicated on the Site at the time you enter the trade, for various reasons including without limitation market volatility or volume. For purposes of this Contest, the price of each currency trade is the price determined by FXCM. The official time for all currency trades will be determined in accordance with FXCM’s internal clock, maintained at FXCM’s offices.

All equity pricing information is received from Markit On Demand, an independent data provider, and CNBC is not responsible for the accuracy of such data. All currency pricing information is received from FXCM, an independent services provider, and CNBC is not responsible for the accuracy of such data. All equity prices and all currency prices are an approximation of market value at the approximate time each trade is executed. There is no guarantee that the price at which a Participant buys or sells an Equity or a currency pair will match any other price that may be found outside of the Contest. All prices are final. Participants will not be permitted to dispute any price at which their trade is executed even if such price resulted from an error in pricing information received from Markit On Demand or FXCM.

In the event that one or more Portfolios is impacted by an incorrect price or CNBC’s suspicion of inappropriate behavior by a Participant (a “Bad Trade”), all subsequent trades within any such Portfolio will be subject to review and possible retroactive adjustment by CNBC, including, without limitation, reversing such subsequent trades, as determined by CNBC in its sole discretion.

11. Bonus Bucks:

Trivia Questions. On each trading day during the Contest, Participants will have the opportunity to receive additional CNBC Bucks by answering up to three (3) multiple-choice trivia questions available on the Site (“Trivia Questions”). Participants may only answer each question once, and each of the Participant’s Portfolios will receive two thousand (2,000) CNBC Bucks for each correctly answered Trivia Question. Trivia Questions will be posted individually at 8:00 PM ET and will be available to be answered on the Site until 16:00:00 ET the following day, except in all cases to the extent that different time limits for any such days are posted on the Site. CNBC Bucks received by a Participant for correctly answering Trivia Questions in the time allotted will be added to the cash account balance of the Equity Account of each of his/her Portfolios as soon as such question is answered and available for Equity purchases. The decisions of CNBC regarding the correct answers to the Trivia Questions shall be final and binding. In the event that CNBC makes a mistake in determining a Trivia Question answer, it reserves the right to award CNBC Bucks to all Participants who answered the question, regardless of whether it was answered correctly or incorrectly.

Refer-A-Friend. Participants will also have the opportunity to invite friends and family to learn about the Contest by providing CNBC with the names and email addresses of up to five (5) other people, who will be contacted by CNBC to request that they register for the Contest (“Refer-A-Friend”). For Participants who are Australian residents, you may only provide names and email addresses for people with whom you have an actual relationship (e.g., family or friend) for the Refer-A-Friend.)

Early Registration. Any Participant who registers for the Contest prior to September 16, 2011 at 16:00:00 ET, will be awarded five thousand (5,000) CNBC Bucks for each of such Participant’s portfolios, and such CNBC Bucks will be available for any equity purchases submitted for September 19, 2011 or later.

Timing of Bonus Bucks Awards. The CNBC Bucks awarded for correct answers to Trivia Questions and for early registration will be referred to herein as “Bonus Bucks.” Any Bonus Bucks for early registration that are earned after the Participant has registered for the Contest, but before he/she has created any Portfolios, will be awarded to all of his/her Portfolios that are created during the first time he/she creates Portfolios; provided, however, if any Portfolios are created at a later time, such Bonus Bucks will not be awarded to the later-created Portfolios. Bonus Bucks for Trivia Questions will not be awarded to any Portfolios that were created after such Trivia Questions were answered.

12. Portfolio Valuation:

Each Portfolio’s Currency Account’s trades are processed and its balances are recalculated on a simulated real-time basis, continuously from Sundays at 17:15:00 ET through Fridays at 16:00:00 ET, but the Currency Account’s balance is marked to market at 16:00:00 ET and transmitted to the overall Portfolio’s balance after 16:00:00 ET on such trading day.

Each Portfolio’s Equity Account value will be in real-time, based on prices provided to the Site by Markit On Demand, plus any un-invested cash CNBC Bucks balances including bonus CNBC Bucks earned. Each Portfolio’s total value is the sum of the Equity Account value plus the Currency Account value, as of 16:00:00 ET on each equity-trading day.

CNBC Bucks cannot be transferred between an Equity Account and a Currency Account.

13. Special Processing of Corporate Actions:

The Contest will process stock splits, mergers and acquisitions, halted/suspended trading, delistings, spin-offs, special cash dividends, ETF distributions and ticker symbol changes. These corporate actions will be processed after the close of the markets on the date they occur, and will not count towards a Portfolio’s Equity Account’s number of daily trades. In the event that a Participant believes that his/her Portfolio does not properly reflect a corporate action, the Participant must email the Site’s support department no later than 23:59:59 ET on the date of such corporate action, with the stock symbol, type of corporate action, effective date, and the name(s) of the affected Portfolio(s). Adjustments, if any, will be determined by CNBC in its sole discretion, and all such decisions by CNBC are final and binding and are not subject to appeal. Trades executed with CNBC Bucks incorrectly deposited due to corporate action issues or Site mistakes will be removed from the Portfolio, but will count towards a Portfolio’s Equity Account’s maximum daily trades. The Contest reserves the right to suspend trading in an Equity, or take any other action deemed necessary to cause the Site to properly adjust to a corporate action.

Stock dividends, other than special cash dividends and ETF distributions, will not be processed or reflected in the Contest. In the event of a special cash dividend or ETF distribution, on the effective date of such dividend or distribution, the cash amount of the dividend/distribution will be subtracted from the previous day’s closing price, but the change will not occur until after the close of the market on the effective date.

All cash dividends will be added to each Portfolio’s Equity Account. In the event of a stock split, the quantity and price of such stock will be adjusted after the market closes on the date of the stock split. If adjustment of all Portfolios affected by a stock split or merger/acquisition is not complete by the time the respective exchange opens, trading on that Equity will be suspended until all data becomes available and all Portfolio positions are adjusted. If a Portfolio holds shares of the acquiring company and there is no change in the company’s stock symbol, no action is required and no changes to the Portfolio will be made. Positions in the acquired company will be liquidated and the cash proceeds from the liquidation will be placed in the Portfolio’s cash balance. Sale of the equity of the acquired company will be at the closing market price the day before the merger/acquisition. The Contest will not reflect converting shares of the acquired company into shares of the acquiring company.

Any suspension, halt or de-listing that recurs for the same Equity within one calendar day after resolution or any such action will not be taken into account for purposes of valuation of portfolios for the Contest. If a company is de-listed or trading is halted for more than one calendar day from its exchange, it will automatically be sold at its last trading price prior to the delisting or halting, as such price is provided to the Site. In the event an Equity is de-listed due to a merger or acquisition, it shall be considered the equivalent of a sale and the sale price shall be the final price received by the Site for that Equity. All ticker symbol changes will be reflected on the Site within one (1) business day.

14. Prize Winners:

Weekly Prizes – After U.S. Equity trading closes on each Friday of the Contest Term, all Currency Account balances are transmitted to the overall Portfolio balances, all Bonus Bucks are awarded, all corrections (if any) are made, and all site maintenance is performed and (subject to confirmation of eligibility and compliance with these Rules), the Portfolio with the highest percentage gain in its value during such week will be declared the potential Weekly Winner for that week and the Participant who created such Portfolio will be entitled to receive the Weekly Prize for such week, as described below, subject to confirmation of eligibility. In the event of a tie, the Weekly Winner will be determined using the following tiebreakers within and among all tied Portfolios, until ties are broken: First, the highest absolute gain for that week; Second, the highest percentage gain in Equity Account value during such week; Third, the highest absolute gain in Equity Account value during such week; Fourth, the most equity trades made during such week. In the further event of a tie, CNBC will select as many additional tiebreakers as are necessary, in its sole discretion. Each Participant may only win one (1) Weekly Prize. If a Participant who is already a Weekly Winner from a prior week has the Portfolio with the highest percentage gain in its value during a later week, such Participant will not be eligible to be the Weekly Winner for such later week, and the Portfolio with the next highest percentage gain in its value during such later week will be declared the potential Weekly Winner for such later week, subject to confirmation of eligibility.

Grand Prize and Second Prize – After trading closes at 16:00:00 ET on December 2, 2011, all Currency Account balances are transmitted to overall Portfolio balances, all Bonus Bucks are awarded, all corrections (if any) are made, and all site maintenance is performed (and subject to confirmation of eligibility and compliance with these Rules), (i) the participant whose Portfolio has the highest total value will be declared the potential Grand Prize Winner of the Contest pending verification of eligibility and (ii) the participant whose Portfolio has the second highest total value will be declared the potential Second Prize Winner of the Contest pending verification of eligibility. In the event of a tie, the respective Winner, will be determined using the following tiebreakers until ties are broken: First, the highest Portfolio balance at the end of Week 10; Second, the Portfolio with the highest total Equity Account value at the end of week 10. In the further event of a tie, CNBC will select as many additional tiebreakers as are necessary, in its sole discretion. Grand Prize Winner and Second Prize Winner will be announced on or about Decmeber 5, 2011.

Winning any prize in the Contest is subject to meeting all eligibility requirements and full compliance with these Rules and any other Contest rules and regulations that may be posted on the Site by CNBC.

15. Winner Notification; Confirmation of Eligibility:

After the conclusion of each week, the potential Weekly Winner may be notified in person or by phone, email and/or mail. After the conclusion of the Contest, the potential Grand Prize Winner and Second Prize Winner will be notified in person or by phone or email and/or mail. The Grand Prize Winner, Second Prize Winner and the Weekly Winners (collectively, the “Winners”) may, at CNBC’s discretion, be required within forty-eight (48) hours of notification to (i) sign and return to CNBC or representatives of CNBC an affidavit of eligibility and liability, including evidence of age and residence, and a publicity release, unless prohibited by law (collectively, the “Affidavit/Release”), (ii) provide a recent photo of the Participant and a completed and signed questionnaire (the “Photo/Questionnaire”), (iii) provide to CNBC a true and complete copy of all of such Winner’s brokerage statements and related trading records such as confirmations, covering the term of the Contest (the “Brokerage Statements” and together with the Affidavit/Release and the Photo/Questionnaire, the “Required Documentation”), (iv) provide a valid passport or a U.S., UK or Australian government-issued driver’s license (at CNBC’s discretion) confirming eligibility criteria herein and (iv) cooperate and comply with all other requests made by CNBC or its representatives for the purpose of confirming such Winner’s eligibility and/or compliance with the Contest’s Rules and applicable laws (the “Compliance Requests”), which will be determined solely by CNBC, in its discretion (collectively, “Contest Documents”). If any potential Winner cannot be reached after two (2) attempts by CNBC or its representatives, is found to be ineligible by CNBC for any reason, cannot or does not comply with these Rules, does not honestly, accurately and fully complete and return the Contest Documents within the designated time period, or if any or prize or prize notification sent to a Potential Winner is returned as undeliverable, that potential Winner may be disqualified and an alternate potential Winner may be designated. If any Winner is found to be ineligible, or if such Winner has not complied with these Rules, at any time during or after the Contest, such Winner may be disqualified from the Contest.

During Week 10 of the Contest, those Participants that CNBC, in its sole discretion, deems to have a reasonable possibility of becoming a potential Grand Prize Winner will be required to provide CNBC with all of the Contest Documents and to comply with the Compliance Requests for purposes of verifying the Participant’s eligibility and compliance with the Rules. If any such Participant (i) does not honestly, accurately and fully complete and return the Contest Documents requested by CNBC within forty-eight (48) hours after notification by CNBC, (ii) does not honestly, accurately and fully cooperate and comply with the requested Compliance Requests by forty-eight (48) hours after notification by CNBC, (iii) is deemed ineligible for any reason or (iv) is suspected of violating the Rules or any other CNBC rules, in each case as determined by CNBC in its sole and absolute discretion, such Participant may be disqualified from the Contest.

At any time and from time to time during the Contest, CNBC, in its sole discretion, may require certain Participants to provide CNBC with any or all of the Contest Documents and to comply with the Compliance Requests for purposes of verifying the Participant’s eligibility and compliance with the Rules. If any such Participant (i) does not honestly, accurately and fully complete and return the Contest Documents requested by CNBC within seven (7) days of attempted notification by CNBC, (ii) does not honestly, accurately and fully cooperate and comply with the requested Compliance Requests within seven (7) days of attempted notification by CNBC, (iii) is deemed ineligible for any reason or (iv) is suspected of violating the Rules or any other CNBC rules, in each case as determined by CNBC in its sole and absolute discretion, such Participant may be disqualified from the Contest.

16. The Prizes:

Grand Prize: The following Grand Prize will be awarded to the Grand Prize Winner:

Grand Prize will consist of: One (1) Grand Prize Winner will receive one million U.S. Dollars (US$1,000,000), payable in an initial one-time payment or payments (as described below) of one hundred thousand U.S. Dollars (US$100,000) followed by twenty-five (25) annual installments of thirty six thousand U.S. Dollars (US$36,000); provided, however, that all payments will be subject to any required U.S. federal, state or non-resident alien income tax withholdings. All Grand Prize details will be determined by CNBC in its sole discretion. CNBC reserves the right to substitute a prize (or prize element) of comparable or greater value for any reason at its sole discretion. The approximate retail value (“ARV”) of Grand Prize is one M=million U.S. Dollars (US$1,000,000). All other taxes, unspecified expenses, costs, or fees associated with the acceptance and/or use of the Grand Prize are the sole responsibility of Grand Prize Winner. The Grand Prize consists only of the elements set forth above. CNBC shall have no responsibility or liability for cancellations, delays, or any other change by any company or person providing any element of any Overall Prize due to reasons beyond CNBC’s control, and is not responsible or liable for any expenses incurred as a consequence thereof.

The Grand Prize Winner will receive an IRS Form 1099 or Form 1042-S, as applicable from CNBC for the total ARV of the Grand Prize for the calendar year in which such prize was awarded. If the Grand Prize is unclaimed, it will be forfeited and may be awarded to the runner-up subject to verification of eligibility and compliance with the Rules.

Second Place Prize: The following Second Place Prize will be awarded to the Second Prize Winner:

Second Place Prize will consist of: One (1) Second Prize Winner will receive from Maserati North America, Inc. (“Maserati”) (i) a 2011 Maserati GranTurismo Convertible Sport vehicle and (ii) a payment to the United States Internal Revenue Service (the “Tax Mitigation Payment”) on behalf of Second Place Prize Winner in an amount equal to 30% of the combined value of the Maserati and the Tax Mitigation Payment (collectively, the “Second Place Prize”). The Tax Mitigation Payment is intended to mitigate any potential U.S. Federal income tax liability associated with the Second Place Prize and will be based on a standard tax rate as determined by CNBC in its sole discretion and may be higher or lower than Second Prize Winner’s actual individual tax liability. All other expenses, costs, fees or additional tax associated with the acceptance and/or use of Second Place Prize are the sole responsibility of Second Prize Winner. ARV of Second Place Prize is two hundred thousand dollars ($200,000). Actual ARV of Second Place Prize may vary depending on titles and fees, taxes, and preparation, inclusively. Any differences between stated ARV and actual ARV will not be awarded. All Second Place Prize features and options, interior and exterior colors, and all other details of the Second Place Prize will be determined by Maserati in its sole discretion. Second Place Prize may include payment of certain titles and fees as determined by CNBC and Maserati in their sole discretion. The Tax Mitigation Payment is intended to mitigate certain tax liability for Winner resulting from the Prize and may be higher or lower than the Winner’s actual individual tax liability. All other expenses, costs, fees or additional tax associated with the acceptance and/or use of Second Place Prize are the sole responsibility of Second Place Prize Winner. Actual ARV of Second Place Prize may vary. Any differences between the stated ARV and the actual Manufacturer’s Suggested Retail Price of Second Place Prize will not be awarded.

Any upgrades and additional options are at the sole expense of the Second Place Prize Winner. No substitution, transfer, or cash equivalent will be awarded in lieu of Second Place Prize, except that CNBC, in its sole discretion, reserves the right to substitute a prize (or portion thereof) of comparable or greater value for any reason. Second Place Prize Winner must take delivery of the Prize at a location (“Delivery Site”) and on a date designated by Maserati in its sole discretion. Maserati and/or its representatives reserve the right, but not the obligation, to designate the Delivery Site as the Second Place Prize Winner’s residence or a dealership near such residence. CNBC is not responsible for any delays in the delivery of the Second Place Prize. In order to accept the Second Place Prize, Second Place Prize Winner must possess and present adequate personal identification, evidence of legally required insurance, and a valid U.S., UK or Australian driver’s license. Second Place Prize Winner bears the risk of damage to Second Place Prize after delivery to specified Delivery Site and Second Place Prize will be forfeited if not picked up within the number of days designated by Maserati after delivery thereto. All reasonable efforts shall be used to provide the model stated above or at least a Second Place Prize having substantially the same dealer cost, as determined by Maserati in its sole discretion.

Second Place Prize Winner is solely responsible for all travel and transportation costs incurred in connection with collecting Second Place Prize, all federal, state and local taxes, including, without limitation, income taxes (other than the Tax Mitigation Payment), as well as title and license fees, registration fees, insurance, additional options, and any other costs incurred in claiming, registering, or using the Second Place Prize, including, without limitation, any costs incurred in bringing the Second Place Prize from the Delivery Site to the Second Place Prize Winner’s home and any other costs/expenses not specifically mentioned in these Official Rules as being included in the Second Place Prize. Second Place Prize will be delivered solely with the express written limited warranties set forth in the applicable warranty booklet. Second Place Prize Winner is not eligible for any cash rebate programs. Second Place Prize Winner agrees that CNBC has neither made nor is responsible or liable for any warranty, representation, or guarantee, express or implied, in fact or in law, relative to the Second Place Prize, including, but not limited to, the quality, mechanical condition, or fitness of the vehicle. Second Place Prize Winner will receive an IRS Form 1099 or Form 1042-S, as applicable, for the total ARV of the Second Place Prize for the year in which the Second Place Prize was awarded. Any depictions of Second Place Prize are for illustrative purposes only.

Weekly Prizes: The following Weekly Prizes will be awarded, one (1) Weekly Prize will be awarded to Weekly Winner of the corresponding week of the Contest:

WEEKLY PRIZE 1 (9/19 – 9/23):

One&Only Reethi Rah, Maldives.

The Week 1 Weekly Winner will receive (a) a trip to the One&Only Reethi Rah, Maldives resort (the “Maldive Resort”) for the Winner and one (1) guest (“Guest”) (“Week 1 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 1 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 1”). Week 1 Trip will include: (i) three (3) nights accommodations for two (2) on a bed and breakfast basis at the Maldive Resort, (ii) daily breakfast and (iii) roundtrip, commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence (as determined by CNBC in its sole discretion) to an airport in or near the Maldive Resort. ARV of Weekly Prize 1 is ten thousand dollars ($10,000). Weekly Prize 1 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 2 (9/25 – 9/30):

Atlantis The Palm, Dubai.

The Week 2 Weekly Winner will receive (a) a trip to the Atlantis The Palm resort (the “Atlantis Resort”) for the Winner and one (1) Guest (“Week 2 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 2 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 2”). Week 2 Trip will include: (i) three (3) nights accommodations for two (2) on a bed and breakfast basis at the Atlantis Resort, (ii) dinner for two (2) at Ronda Locatelli, excluding alcohol and gratuity, to the value of three hundred dollars ($300), and (ii) roundtrip, commercial coach-class air transportation for Winner and one (1) Guest from an airport near the Winner’s residence to an airport near the Atlantis Resort (as determined by CNBC in its sole discretion). ARV”) of Weekly Prize 2 is six thousand dollars ($6,000). Weekly Prize 2 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 3 (10/2 – 10/7):

One&Only Cape Town, South Africa.

The Week 3 Weekly Winner will receive (a) a trip to the One&Only Cape Town resort (the “Cape Town Resort”) for the Winner and one (1) Guest (“Week 3 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 3 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 3”). Week 3 Trip will include (i) three (3) nights accommodations for two (2) in a Marina Rise room, including daily breakfast, at the Cape Town Resort, (ii) dinner for two (2) in Reuben’s to the value of R700, (iii) complimentary wireless internet access, (iv) complimentary use of the fitness centre and heat facilities at One&Only Spa, and (v) roundtrip, commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence, with return airport transfers, to an airport near the Cape Town Resort (as determined by CNBC in its sole discretion). ARV of the Weekly Prize 3 is eight thousand dollars ($8,000). Weekly Prize 3 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 4 (10/9 – 10/14):

One&Only Ocean Club, Paradise Island, Bahamas.

The Week 4 Weekly Winner will receive (a) a trip to the One&Only Ocean Club resort (the “Ocean Club Resort”) for the Winner and one (1) Guest (“Week 4 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 4 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 4”). Week 4 Trip will include (i) three(3) nights accommodations for two (2) in an Ocean View room at the Ocean Club Resort, (ii) dinner for two (2) at Dune by Jean-Georges, excluding alcohol and gratuity, and (ii) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence, with return airport transfers (as determined by CNBC in its sole discretion) to an airport near the Ocean Club Resort. ARV of Weekly Prize 4 is eleven thousand five hundred dollars ($11,500). Weekly Prize 4 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 5 (10/16 – 10/21):

One&Only Le Saint Geran, Mauritius.

The Week 5 Weekly Winner will receive (a) a trip to the One&Only Le Saint Geran resort (the “Le Saint Geran Resort”) for the Winner and one (1) Guest ( “Week 5 Trip”) and (b) a a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 5 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 5”). Week 5 Trip will include (i) three (3) nights accommodations for two (2) on a complimentary half-board basis at the Le Saint Geran Resort, (ii) one (1) dinner for two (2) at Rasoi By Vineet, excluding alcoholic beverages, and (iii) roundtrip commercial coach-class air transportation for Winner and from an airport near the Winner’s residence (as determined by CNBC in its sole discretion) to an airport near the Le Saint Geran Resort. ARV of Weekly Prize 5 is twenty thousand dollars ($20,000). Weekly Prize 5 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 6 (10/30 – 11/4):

Atlantis, Paradise Island, Bahamas.

The Week 6 Weekly Winner will receive (a) a trip to the Atlantis, Paradise Island resort (the “Paradise Island Resort”) for the Winner and one (1) Guest (“Week 6 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 6 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 6”). Week Trip 6 will include (i) three (3) nights accommodations for two (2) in a water view room at Royal Towers at the Paradise Island Resort, (ii) dinner for two (2) at Nobu, excluding alcohol and gratuities, to the value of three hundred dollars ($300), and (iii) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence to an airport near the Paradise Island Resort (as determined by CNBC in its sole discretion). ARV of Weekly Prize 6 is nine thousand dollars ($9,000). Weekly Prize 6 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 7 (11/6 – 11/11):

One&Only, Palmilla, Mexico.

The Week 7 Weekly Winner will receive (a) a trip to the One&Only, Palmilla resort (the “Palmilla Resort”) for the Winner and one (1) Guest (“Week 7 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 7 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 7”). Week 7 Trip will include (i) three (3) nights accommodations for two (2) in an Ocean Front Deluxe room at the Palmilla Resort, (ii) a round of golf for two (2) on the Jack Nicklaus-designed 27-hole championship golf course, (iii) one (1) dinner for two (2) people at Agua, (iv) choice of one (1) of the following adventure tours: deep-sea fishing, snorkeling, diving, seasonal whale-watching, or desert tour, and (v) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence to an airport near the Palmilla Resort (as determined by CNBC in its sole discretion). ARV of Weekly Prize 7 is ten thousand dollars ($10,000). Weekly Prize 7 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 8 (11/13 – 11/18):

One&Only, The Palm, Dubai.

The Week 8 Weekly Winner will receive (a) a trip to the One&Only, The Palm resort (“The Palm Resort”) for the Winner and one (1) Guest (“Week 8 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 8 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 8”). Week 8 Trip will include (i) three (3) nights accommodations for two (2) in a Manor House Premier Room including complimentary breakfast, with other incidentals to be independently settled upon departure at The Palm Resort, (ii) dinner for two (2) at STAY by Yannick Alleno, excluding alcoholic beverages, and (iii) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence to an airport near The Palm Resort (as determined by CNBC in its sole discretion). ARV of the Weekly Prize 8 is seven thousand dollars ($7,000). Weekly Prize 8 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 9 (11/20 – 11/25):

The Cove Atlantis, Paradise Island, Bahamas.

The Week 9 Weekly Winner will receive (a) a trip to the The Cove Atlantis resort (the “Cove Atlantis Resort”) for the Winner and one (1) Guest (“Week 9 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 9 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 9”). Week 9 Trip will include (i) three (3) nights accommodations for two (2) in an Ocean Suite at the Cove Atlantis Resort (ii) one (1) cabana at CAIN, accommodating up to eight (8) people and (iii) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence to an airport near Cove Atlantis Resort (as determined by CNBC in its sole discretion). ARV of the Weekly Prize 9 is eleven thousand dollars ($11,000). Weekly Prize 9 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE 10 (11/27 – 12/2):

One&Only, Royal Mirage, Dubai, United Arab Emirates.

The Week 10 Weekly Winner will receive (a) a trip to the One&Only, Royal Mirage resort (the “Royal Mirage Resort”) for the Winner and one (1) Guest (“Week 10 Trip”) and (b) a Tax Mitigation Payment on behalf of Weekly Winner in an amount equal to 30% of the combined value of the Week 10 Trip and the Tax Mitigation Payment (collectively, “Weekly Prize 10”). Week 10 Trip will include (i) three (3) nights accommodations for two (2) in a Superior Deluxe Room at The Palace including complimentary breakfast, with other incidentals to be independently settled upon departure at the Royal Mirage Resort and (ii) roundtrip commercial coach-class air transportation for Winner and Guest from an airport near the Winner’s residence to an airport near the Royal Mirage Resort (as determined by CNBC in its sole discretion). ARV of Weekly Prize 10 is six thousand five hundred dollars ($6,500). Weekly Prize 10 is subject to the limitations, restrictions, terms and conditions stated below.

WEEKLY PRIZE LIMITATIONS, RESTRICTIONS, TERMS AND CONDITIONS:

The Tax Mitigation Payment is intended to mitigate certain tax liability for Winner resulting from the Weekly Prize and may be higher or lower than the Weekly Winner’s actual individual tax liability. All other expenses, costs, fees or additional tax associated with the acceptance and/or use of Weekly Prize are the sole responsibility of Weekly Winner. ARV of each Weekly Prize varies depending on the point of departure, point of arrival, and fare fluctuation for the relevant Trip. Any differences between stated ARV and actual ARV will not be awarded. Weekly Prize must be redeemed for travel between December 2, 2011 and December 2, 2012, or Trip will be forfeited. Trip is subject to space availability, select blackout dates and other travel restrictions. Not valid during holiday and peak period stays. Availability is subject to change without notice and other restrictions apply. Weekly Prizes are non-transferable and may not be redeemed for cash; substitutions may not be requested. Weekly Winner is responsible for all expenses not expressly provided for below including, ground transfers between Weekly Winner’s residence and airport of departure, meals, beverages, souvenirs, entertainment, incidentals, tips, parking, telephone calls, or other personal expenses incurred during or in connection with the trip. By participating in the Contest and accepting a Weekly Prize, participants and Weekly Winners will be deemed to agree to these Rules. Weekly Winner is responsible for all applicable federal, state, and local income and any other taxes, fees and surcharges (other than the Tax Mitigation Payment). Each Weekly Winner will receive an IRS Form 1099 or Form 1042-S for the total ARV of Weekly Prize for the calendar year in which Weekly Prize was won. Weekly Prize details will be determined by CNBC in its sole discretion. CNBC reserves the right to substitute a Weekly Prize (or Weekly Prize element) of comparable or greater value for any reason at its sole discretion. Weekly Prizes cannot be transferred by Weekly Winners or redeemed for cash and is valid only for the items detailed above, with no substitution of Weekly Prize by Weekly Winner. If Weekly Prize is unclaimed, it will be forfeited and Weekly Prize may be awarded to a runner–up subject to verification of eligibility and compliance with the Rules. If a Weekly Prize element is not available for any reason, as determined at CNBC’s discretion, the remaining elements of Weekly Prize shall be awarded and shall constitute full satisfaction of CNBC’s Weekly Prize obligation to Weekly Winner and no additional compensation will be awarded. Travel and hotel arrangements will be determined by CNBC in its sole discretion. Once determined, no change, extension or substitution of Trip dates is permitted, except by CNBC in its sole discretion. Weekly Winner’s Guest must be the age of majority in his or her state of residency as of the first date of travel or Weekly Winner must be Guest’s parent or legal guardian and must complete and return all releases on behalf of minor. Weekly Winner and Guest must travel together on the same itinerary. No other travel elements (including, without limitation, insurance, gasoline, meals, gratuities, souvenirs, etc.) are included in Weekly Prize. Airline and hotel reservations are subject to availability. Airline tickets must be issued thirty (30) days prior to date of departure or thirty (30) days after reservation is made, whichever comes first. All taxes and fees assessed at the time of ticketing are the responsibility of Weekly Winner. Tickets are non-refundable and are not valid for business-related or group travel. Tickets are valid only for travel on airline chosen by CNBC in its sole discretion. CNBC has the right it its sole discretion to substitute ground transportation for air transportation depending on Weekly Winner’s place of residence. Tickets will be issued only to Weekly Winner and Guest. Tickets are void if sold for cash or other consideration. Weekly Winner is responsible for any tax liability, including applicable departure taxes or fees, inspection charges, and security charges. Once issued, tickets are non-transferable and may not be reissued once travel has commenced. Open tickets may not be issued and stopovers are not permitted. If an unscheduled stopover occurs, full fare will be charged from stopover point for the remaining segments, including return, of the trip. CNBC is not liable for any expenses incurred as a consequence of flight cancellation/delay. Weekly Winner and Guest must have valid travel documents (e.g., valid government-issued photo identification and/or passport) prior to departure. Weekly Prize consists only of the elements set forth above. Travel arrangements must be made through CNBC. CNBC shall have no responsibility or liability for cancellations, delays, or any other change by any company or person providing any element of Weekly Prize due to reasons beyond CNBC’s control, and are not responsible or liable for any expenses incurred as a consequence thereof. All travel will be at the risk of Weekly Winner and Guest. All elements of Weekly Prize must be redeemed at the same time. Date and/or time of Event are subject to change. If Weekly Winner chooses to take the Trip with no Guest, the remaining elements of Weekly Prize shall be awarded and shall constitute full satisfaction of CNBC’s Weekly Prize obligation to Weekly Winner and no additional compensation will be awarded. Guest, if any, will be required to execute and return a release of liability and, except where prohibited, publicity release, which must be returned with the Contest Documents, or Guest portion of Weekly Prize will be forfeited.

ARV of all prizes is: one million two hundred ninety nine thousand dollars (US$1,299,000).

Restrictions Applicable to all Prizes:

In order to accept a prize, the respective winner may be required to provide the Contest Documents and agree to and complete any Compliance Requests made by CNBC. No more than the stated number of prizes per these Rules will be awarded.

Each Winner is responsible for the payment of all taxes attributable to his/her respective Prize, as applicable, other than any Tax Mitigation Payment. All other expenses and incidentals not specified herein are the sole responsibility of the Winner. No substitution, transfer, or cash equivalent will be awarded for any prize, except that CNBC may substitute a prize of comparable or greater value for any reason. Prize and prize notification will be shipped to a U.S., U.K. or Australian address only. Any depictions of prizes are for illustrative purposes only.

All prizes will be determined by CNBC in its sole discretion. Prizes are not transferable or redeemable for cash. CNBC is not responsible for prize utility, quality or otherwise. In the event that all or part of any prize is unavailable for any reason, CNBC may substitute all or part of another prize of comparable value, to be determined by CNBC in its sole and absolute discretion.

17. Contest Modification:

By entering the Contest, you agree not to make any claim, and to waive any right make a claim, based on any alleged ambiguity or error in these Rules, the selection of the Winners and/or the administration of the Contest itself, and agree to be bound by these Rules and by all decisions of CNBC, which are binding and final. Failure to comply with these Rules may result in disqualification from this Contest as determined by CNBC in its sole discretion. CNBC reserves the right to cancel, modify, or suspend the Contest or any element thereof (including, without limitation, these Official Rules) without notice in any manner and for any reason including, without limitation, if (i) viruses, bugs, unauthorized human intervention, fraud, technical failure or other causes which may corrupt or affect the administration, security, fairness, integrity or proper conduct of the Contest; or (ii) earthquake, flood, fire, storm or other natural disaster, act of God, labor controversy or threat thereof, civil disturbance or commotion, disruption of the public markets, war or armed conflict (whether or not officially declared).

CNBC and its representatives reserve the right to make changes to the Site, any elements of this Contest, or the Rules at any time with or without notice. CNBC further reserves the right to terminate, postpone, suspend, amend or modify the Contest for any reason, in the sole discretion of CNBC. Notice of such cancellation, modification, or suspension will be posted on the Site. CNBC may prohibit any entrant or potential entrant from participating in the Contest, if such entrant or potential entrant shows a disregard for these Official Rules; acts with an intent to annoy, abuse, threaten, or harass any other entrant, CNBC, or CNBC’s agents or representatives; or behaves in any other disruptive manner (as determined by Sponsors in their sole discretion).

18. Ownership of Content:

The Contest and the Site, including the artwork, graphics, music and other components included therein (the “Content”), is protected by copyright and trademark laws and international copyright treaties, as well as other intellectual property laws and treaties. CNBC retains all rights, title and interest, including, without limitation, ownership of all intellectual property rights relating to the Content or otherwise residing within the Site.

19. Participant Behavior:

CNBC reserves the right to disqualify any Participant who acts or is suspected of acting irresponsibly or inappropriately, or otherwise in violation of these Rules, in playing the Contest, as determined by CNBC, in its sole discretion. Although all trading in the Contest is fictional, Participants must engage in trading activity that fully complies with all federal and state securities laws (including, without limitation, insider trading), as if they were trading actual equities or currency pairs, as applicable. Participants agree not to trade or cause others to trade the actual equities (or options) of the companies included in their Contest portfolios, within five (5) trading days of the effective date of a trade of such Equity within the Contest. Participants must comply with all federal, state and local laws (including without limitation securities laws) in connection with their participation in the Contest. Use of any automated system (e.g., robots, scripts, automatic, macro, programmed or like methods) is prohibited. Any attempt (successful or unsuccessful) by any individual to register more than once, or to create more than five (5) Portfolios, in any manner, including without limitation by use of an automated system or by using multiple/different email addresses, home addresses, telephone numbers, identities or any other methods, as determined by CNBC in its sole discretion, may result in the disqualification of that individual, as determined by CNBC in its sole discretion. Entry materials/data that have been tampered with or altered are void. CNBC reserves the right to terminate Contest participation by, and to disqualify, any Participants suspected of cheating or attempted cheating, suspected of attempting to exploit the Contest or suspected of any other inappropriate behavior (including, without limitation, suspicion of market manipulation). All such action will be determined by CNBC in its sole discretion. The determination to disqualify any Participant may be made at any time during or after the Contest even if the Winner has been announced; in the event that such action occurs after a Prize has been awarded, CNBC may require the Participant to return the Prize. The decision of CNBC on all such matters shall be final and binding.

At various times during the Contest, one or more of the Participants may be given the opportunity to appear on-air on CNBC to discuss their strategy in playing the Contest. If any such Participant is a financial professional, he/she will be required to comply with CNBC’s Guidelines for Appearances by Financial Professionals, which will be provided to them prior to their appearance. These guidelines require financial professionals to disclose their own and their family’s Equity holdings in any security they discuss, as well as whether their firm owns one percent (1%) or more of the company’s stock. They also must disclose whether their firm has had a fee-generating relationship (investment banking or other) or whether it intends to seek such a relationship within the next three (3) months, with a company they are discussing on-air. The guidelines also require disclosure of the potential for other conflicts, such as board memberships, advisory committees or officer positions.

You agree that (i) you shall use any information from ASX Group (the “ASX Information”) solely for purposes of the Challenge, (ii) you must not transfer or publish to third parties all or part of the ASX Information except with the prior written permission of ASX Group, (iii) you must recognize ASX’s intellectual property rights and the rights of ASX Group and their suppliers, to legal remedies in respect of the ASX Information, and (iv) you will not use the ASX Information for an illegal purpose.

20. Performance of Site:

Neither CNBC nor FXCM is liable for any delay or failure of the Site or the Contest to perform. There is no guarantee that Participants will be able to access the Site whenever and wherever they want. There may be extended periods of time when Participants cannot access the Site. Heavy Site activity may affect Participants’ access to the Site. No corrections or adjustments will be made for trades, attempted trades, or missed trades affected by the operation or downtime of the Site. The Contest will not recognize attempted trades that were not processed by the Site.

In the event that CNBC believes, in its sole discretion, that the Currency Trading portion of the Contest contains, has contained, or has a reasonable possibility of containing a defect, error, loophole, security breach, or any other occurrence or characteristic that could affect the integrity or fairness of the Contest, CNBC may terminate the Currency Trading portion of the Contest, invalidate all Currency Trading results, and base all Contest results solely on the Equity Trading portion of the Contest. Such termination by CNBC may be made prospectively or retroactively and be effective as of any date during the Contest.

21. No Investment Advice:

You understand and agree that the Contest, CNBC and FXCM do not recommend any security, financial product or instrument, nor does any mention of a particular security on the Site constitute a recommendation to buy, sell, or hold that or any other security, financial product or investment discussed herein. You understand and agree that neither the Contest, CNBC nor FXCM provide tax, legal or investment advice. You understand and agree that the Contest, CNBC and FXCM do not offer or provide any investment advice or opinion regarding the nature, potential, value, suitability or profitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. You understand and agree that any investment decisions you make will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, financial condition, and liquidity needs. You understand and agree that any content posted on a message board accessed via the Site is not connected with CNBC and is only the opinion of the person posting such content.

22. Governing Law:

The Contest is governed by, and will be construed in accordance with, the laws of the State of New York, and the forum and venue for any dispute shall be in New York, New York. If THE controversy or claim is not otherwise resolved through direct discussions or mediation, it shall THEN be resolved by FINAL AND binding arbitration administered by JUDICIAL ARBITRATION AND MEDIATION SERVICES, INC., in accordance with its Streamlined Arbitration Rules and Procedures or subsequent versions thereof (“JAMS Rules”). The JAMS Rules for selection of an arbitrator shall be followed, except that the arbitrator shall be experienced and licensed to practice law in new york. All proceedings brought pursuant to this paragraph will be conducted in the County of new york. THE REMEDY FOR ANY CLAIM SHALL BE LIMITED TO ACTUAL DAMAGES, AND IN NO EVENT SHALL ANY PARTY BE ENTITLED TO RECOVER PUNITIVE, EXEMPLARY, CONSEQUENTIAL, OR INCIDENTAL DAMAGES, INCLUDING ATTORNEY’S FEES OR OTHER SUCH RELATED COSTS OF BRINGING A CLAIM, OR TO RESCIND THIS AGREEMENT OR SEEK INJUNCTIVE OR ANY OTHER EQUITABLE RELIEF.

23. Disclaimer:

By entering the Contest, each entrant agrees for entrant and for entrant’s heirs, executors, and administrators (a) to release and hold harmless Contest Entities and their respective officers, directors, and employees (collectively, “Released Parties”) from any liability, illness, injury, death, loss, litigation, or damage that may occur, directly or indirectly, whether caused by negligence or not, from such entrant’s participation in the or Contest and/or his/her acceptance, possession, use, or misuse of Prize or any portion thereof (including any travel related thereto); (b) to indemnify Released Parties from any and all liability resulting or arising from the Contest and to hereby acknowledge that Released Parties have neither made nor are in any manner responsible or liable for any warranty, representation, or guarantee, express or implied, in fact or in law, relative to Prize, including express warranties provided exclusively by Prize supplier that are sent along with Prize; (c) if selected as a Winner, to the posting of such entrant’s name on Website and the use by Released Parties of such name, city, state, voice, image, and/or likeness for publicity, promotional, and advertising purposes in any and all media now or hereafter known, throughout the world in perpetuity, without additional compensation, notification, permission, or approval, and, upon request, to the giving of consent, in writing, to such use; and (d) to be bound by these Official Rules and to waive any right to claim any ambiguity or error therein or in the Contest itself, and to be bound by all decisions of the Sponsors, which are binding and final. Failure to comply with these conditions may result in disqualification from the Contest at Sponsors’ sole discretion. Released Parties assume no responsibility for any injury or damage to Participant’s or to any other person’s computer relating to or resulting from this Contest. None of CNBC, Markit On Demand, or FXCM is responsible for telecommunications, network, electronic, technical or computer failures of any kind, for inaccurate transcription of entry information, errors in any promotional or marketing materials, errors in these Rules, for any human or electronic error, including but not limited to, the administration of this Contest, or for entries that are stolen, misdirected, garbled, delayed by computer transmissions, lost, late, damaged, or postage due. Any attempt (successful or unsuccessful) by a Participant or any other individual to deliberately damage any online service or Web site or undermine the legitimate operation of the Contest or the Site is a violation of criminal and civil laws and should such an attempt be made, CNBC reserves the right to seek damages and/or other remedies from any such person to the fullest extent permitted by law. Participants agree to indemnify, defend and hold harmless CNBC and its parent companies, affiliates, employees, officers, directors, agents, prize providers, sponsors and vendors from and against any liabilities, actions, claims, demands, losses or damages (including without limitation attorneys’ fees) caused by or arising out of any material such Participant contributes to any message board accessed via the Site.

24. General:

The Contest is for entertainment purposes only. Use of the Site is limited to personal, non-commercial use and the content contained therein may not be copied, modified, duplicated or distributed in any form or for any reason without the express written consent of CNBC. Data provided on the Site may be delayed as specified by financial exchanges information providers. CNBC and its vendors furnish the information available on this Site without responsibility for accuracy and Participants agree that errors contained in such information shall not be made the basis for any claim, demand or cause of action. CNBC and its vendors believe their data and text services to be reliable, but accuracy is not warranted or guaranteed.

TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, CNBC AND ITS VENDORS EXPRESSLY DISCLAIM ALL WARRANTIES OR CONDITIONS OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING AND WITHOUT LIMITATION, THE IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND TITLE AND NON-INFRINGEMENT. CNBC AND ITS VENDORS DO NOT WARRANT, GUARANTEE OR MAKE ANY REPRESENTATION REGARDING THE USE OR THE RESULTS OF THE USE OF THE SITE OR THE CONTEST IN TERMS OF ITS CORRECTNESS, ACCURACY, RELIABILITY, TIMELINESS OR OTHERWISE.

IN NO EVENT SHALL CNBC, ITS PARENT ENTITIES, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, SPONSORS, VENDORS OR AGENTS BE HELD LIABLE TO A PARTICIPANT OR TO ANY THIRD PARTY FOR ANY CONSEQUENTIAL, INCIDENTAL, SPECIAL, RELIANCE, PUNITIVE OR INDIRECT DAMAGES, HOWEVER CAUSED (INCLUDING NEGLIGENCE OR PERSONAL INJURY), OR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR INJURY TO PERSON OR PROPERTY, FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF BUSINESS INFORMATION OR DATA, LOSS OF PRIVACY, FAILURE TO MEET ANY DUTY AND NEGLIGENCE) ARISING OUT OF OR IN ANY WAY RELATED TO THE USE OR INABILITY TO USE THE SITE OR THE CONTEST, ON ANY THEORY OF LIABILITY, WITHOUT LIMITATION, EVEN IF ANY SUCH PARTY HAD BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL CNBC’S AND ITS VENDORS’ AGGREGATE LIABILITY FOR DAMAGES ARISING OUT OF ANY KIND OF LEGAL CLAIM WITH RESPECT TO THIS AGREEMENT EXCEED THE AMOUNT A PARTICIPANT ACTUALLY PAID FOR THE USE OF THE SITE. EACH PARTICIPANT AGREES TO WAIVE ANY RIGHT TO EQUITABLE RELIEF INCLUDING, WITHOUT LIMITATION, INJUNCTIVE RELIEF AGAINST CNBC OR ITS PARENT, AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, VENDORS OR AGENTS TO ENFORCE THE TERMS HEREIN; HOWEVER, THE FOREGOING SHALL NOT PRECLUDE CNBC OR ITS VENDORS FROM SEEKING ANY INJUNCTIVE RELIEF.

25. List of Winners:

For a list of Winners visit milliondollar.cnbc.com or mail a self-addressed stamped envelope to ENTERACTIVE SOLUTIONS GROUP,1612 WEST OLIVE AVENUE, SUITE 202, BURBANK, CA 91506 . Such requests must be received by no later than sixty (60) days following the announcement by CNBC of Winners.

EXHIBIT A

CURRENCY TRADING RULES

Introduction

These Currency Trading Rules are incorporated by reference and made a part of the CNBC Portfolio Challenge Official Rules to which they are attached (the “Main Rules”). All capitalized terms used herein and not otherwise defined shall have the meanings attributed to them in the Main Rules. In the event of any conflict between these Currency Trading Rules and the Main Rules, the terms of the Main Rules shall govern.

As described in the Main Rules, the Currency Trading portion of the Contest provides each Portfolio with one hundred thousand (100,000) CNBC Bucks with which to trade currencies. The Currency Trading portion of the Contest is administered by FXCM, Inc. (“FXCM”).

Participants can trade currencies in the Currency Account of their Portfolios, on a simulated real-time basis. All currencies are quoted in pairs (“Pairs” or “currency pairs”), in the standard practice of the currency trading industry. The following Pairs that are available to be traded in the Contest: EUR/USD, EUR/CAD, USD/JPY, GBP/USD, USD/CHF, EUR/CHF, AUD/USD, USD/CAD, NZD/USD, EUR/GBP, EUR/JPY, GBP/JPY, CHF/JPY, GBP/CHF, EUR/AUD, AUD/JPY, CAD/JPY, NZD/JPY, AUD/NZD, AUD/CAD. The first currency in a Pair is called the “base currency”. The second currency in a Pair is called the “counter currency”. For example, in the EUR/USD, the Euro is the base currency, and the US Dollar is the counter currency. In the USD/JPY, the US Dollar is the base currency, while the Japanese Yen is the counter currency.

Pricing of currency trades is determined on a real-time basis by FXCM based on a combination of prices provided by multiple global banks and financial institutions, which takes the best bid (sell) and ask (buy) price available, and marks it up by approximately one (1) “pip” (as defined in the Currency Trading Rules). Pricing is updated continuously on a real time basis, according to FXCM. The price you receive for a particular currency trade may be higher or lower than the price indicated on the Site at the time you enter the trade, for various reasons including without limitation market volatility or volume. For purposes of this Contest, the price of each currency trade is the price determined by FXCM. The official time for all currency trades will be determined in accordance with FXCM’s server, maintained at FXCM’s offices. The price you see for each Pair is the exchange rate for that Pair. The exchange rate refers to the amount of the counter (second) currency that can be exchanged for one unit of the base (first) currency. For example, if the EUR/USD is 1.5423, then 1.5423 US Dollars (so, $1 and 54.23 cents) can be exchanged for 1 Euro.

Currency Accounts trade with 10-to-1 leverage, which means that you only need to have ten thousand (10,000) CNBC Bucks available in your Currency Account to trade one hundred thousand (100,000) units. This amount is set aside as margin, and is explained further below. Please note that without proper risk management, a high degree of leverage can lead to large losses as well as gains. All trades are executed in standard lot sizes of one hundred thousand (100,000) units of the base currency. The smallest order size is one (1) lot of one hundred thousand (100,000) units. All orders must be in increments of one hundred thousand (100,000) units.

The hours of trading within your Currency Account are Sunday 17:15:00 ET to Friday 16:00:00 ET, except as indicated in the Main Rules.

Pricing of Trades

There is no guarantee that the price at which you buy or sell a Pair will match any other price that may be found outside of the Contest. The price you receive for a particular trade may be higher or lower than the price indicated on the Site at the time you enter the trade, for various reasons including, without limitation to, market volatility or volume. All prices are final. Participants will not be permitted to dispute any price at which their trade is executed even if such price resulted from an error in pricing information.

What is a “pip”?

“Pip” is short-hand for “Point in Percentage”. It represents 1% of the smallest denomination of the counter currency in a pair. For example, the smallest unit of a US Dollar is one (1) cent. A pip is 1/100th of one (1) cent. The same holds of most currency pairs. In the USD/CAD pair, a pip is 1/100th of a Canadian cent, since the Canadian Dollar is the counter currency, and the smallest unit of Canadian currency is 1 cent (which is 1/100th of a Canadian Dollar). There is no smaller unit than the Yen in Japanese currency, so for JPY pairs, a pip is 1/100th of 1 Yen.

A pip is typically found in the 4th decimal place for an exchange rate. For example, with a EUR/USD price of 1.39231, you would look at the “3”. If the Euro rose to 1.39241, it would have risen by 1 pip. One common exception is in currency pairs with the Japanese Yen. For Japanese Yen pairs, pips are counted in the 2nd decimal place by convention (1/100 of 1 Yen). For example, with USD/JPY price of 80.426, you would look at the “2”. If the Japanese Yen to 80.436, it would have risen by 1 pip.

Rollover Interest

When positions are open at 4:00 PM ET sharp, they are considered to have been held overnight. When holding positions overnight, rollover interest is either added or subtracted from your Currency Account.

Every currency you buy or sell has a certain overnight interest rate associated with it. The interest amount varies based on the interest rate differential between the two currencies you are buying and selling, and fluctuates day to day with the movement of prices. These rollover rates or “swap rates” are based on money market rates. To see each trading day’s rollover rates, look at the Roll columns in the Simple Dealing Rates window.

For example, on any given day, the rollover could be eleven dollars ($11.00) per lot for GBP/USD and three dollars and thirty cents ($3.30) per lot for EUR/USD. Rollover fees are shown in dollars per lot and are posted in the “Roll S” and “Roll B” columns of the Dealing Rates. For Participants that do not hold a currency position through 4:00 PM ET, rollover will not affect their account.

At 4:00 PM ET, funds are automatically subtracted from, or added to, Currency Accounts with open positions.

Note: For positions that are open on Wednesdays at 16:00:00 ET, the amount added to or subtracted from the respective Currency Account tends to be approximately three (3) times the usual amount. This “3-Day” rollover accounts for settlement of trades through the weekend period. Extra days of roll interest may be added or removed on account of US or foreign holidays. Each currency pair has its own rollover schedule that may differ according to any holidays that occur in the countries of the currencies that are held. A monthly rollover schedule is located at http://www.dailyfx.com/calendar/rollover_calendar.

Trading Platform

The currency trading platform can be accessed in the Currency Trading section of the site.

The trading platform contains the following menu items:

· System

· View

· Trading

Below the menu options, there are 7 additional trading and account management buttons:

· Sell: Allows you to create an order to sell a Pair at the current market price.

· Buy: Allows you to create an order to buy a Pair at the current market price.

· Stop/Limit: Allows you to add a stop or limit order to an open position

· Entry: Allows you to create an “Entry Order”, which is an order to buy or sell a Pair at a future price.

· Report: Allows you to specify the dates for which you would like to view all account information. In addition to entering specific dates, you are also able to generate a report of all your trade activity in the account by selecting “Since Open” in the “From” box and “Now” in the “To” box. This report presents key account information, such as records of floating positions and completed trades.

· Research: Allows you to access currency research from www.DailyFX.com

Below the trading and account management buttons, there are seven (7) windows: Portfolios, Simple Dealing Rates, Orders, Open Positions, Closed Positions, Positions Summary, and Messages.

Portfolios

The portfolio window displays all pertinent account information and includes a real time margin watching feature. Included in the portfolios window from left to right is:

· Balance: This is the value of funds in your Currency Account without taking into consideration profits and losses on open positions.

· Equity: This is the “floating” value of funds in your Currency Account, including profits and losses on open positions. If you were to close all open positions, the Currency Account’s Equity would become the Currency Account’s Balance, as this “floating” value would then be “locked in.”

· Day P/L: Day P/L includes the profit and loss for the day’s trading session. This is all profit and loss from open and closed positions incurred since the beginning of the trading day at 16:00:00 ET.

· Usd Mr (Used Margin): This is the amount of Currency Account equity committed to maintain open positions. Used margin can be thought of as a deposit required to maintain open position(s). The Currency Account balance must maintain AT LEAST this amount for open trades to remain open. If the portfolio balance falls below Usd Mr, a margin call will occur (see Margin Call below). Margin requirements will be 10% for each position. For every 100k lot (the smallest trade size), you will need to set aside 10% of the base currency in US Dollars. For example:

§ (10:1 leverage), if you have five hundred thousand (500,000) (5 lots) in open EUR/USD positions, you are trading five hundred thousand (500,000) Euros for the equivalent USD at the current exchange rate. Assuming a EUR/USD conversion rate of 1.3130, the USD equivalent of Euros at the exchange rate of $1.3130 per 1 Euro is therefore 1.313 * 500,000 = $656,500. A 10% margin requirement on $656,500 would mean an approximate used margin of $65,650. You will see this in the Used Margin Column. This amount change as new positions are opened or existing positions are closed. The cash set aside in Used Margin is not expended nor will it “disappear” from the account. It is merely set aside to secure your open positions. It is freed up when you close an open position. Please note that without proper risk management, a high degree of leverage could lead to large losses as well as gains.

· Usbl Mr (Usable Margin): This is the amount of money that is not currently being committed to Used Margin. Usable Margin should be thought of as two (2) things: (1) The amount available to open NEW positions and (2) The amount that you can lose before receiving a margin call. The number fluctuates with profits or losses in your account. Usable Margin plus Used Margin equals Cash Balance.

· Gross P/L: The profit and loss on all open positions in your Currency Account. Gross P/L is the difference between the equity and the actual balance of your Currency Account.

· MC (Margin Call): In the margin call box, there will be a Y (yes) or N (no). If Y appears, your usable margin has reached zero and a margin call triggered the close of all your trades.

Margin Calls

Example: A trader has one hundred thousand dollars ($100,000) in a standard account and his margin requirement is 10% (i.e. leverage of 10:1). For each position he opens (each position = 1 lot = 100,000 notional value), he is required to set aside ten thousand dollars ($10,000) in used margin. If he opens two positions, his required margin is twenty thousand dollars ($20,000). The trader can lose up to eightly thousand dollars ($80,000) before he starts dipping into his margin requirement. When his account equity reaches twenty thousand dollars ($20,000), a margin call is triggered which is designed to close all positions.

The margin requirements are generally ten thousand dollars ($10,000) per lot for the Currency Trading portion of the contest. (Lot size of one hundred thousand (100,000)) It is strongly advised that clients maintain the appropriate amount of margin in their accounts at all times.

If your Usable Margin is getting low, you may want to close some of your trades. This will free up some Used Margin, which will increase your Usable Margin.

Simple Dealing Rates

The simple dealing rates window is located below the Portfolio window.

*Symbol: Displays the list of currency pairs available for trading

*Buy and Sell

You can buy or sell any currency pair listed at any time, so long as you have sufficient margin. Each currency quote box contains both a buy (i.e., offer or ask) and a sell price (i.e., the bid). The spread is the difference between the buy and sell price, and this represents your total transaction cost.

When the rate for a currency pair rises, this means that the base currency is getting stronger (since it now takes more of the counter currency to get one of the base currency) and therefore the counter currency is getting weaker. When the rate for a currency pair falls, this means that the base currency is getting weaker (since it now takes less of the counter currency to get one of the base) and the counter currency is getting stronger.

If you are expecting the rate for a currency pair to rise, you would buy that pair, which gives you a long position. If you expect the rate to fall, you would sell that pair, establishing a short position.

Examples:

Buying

Suppose that EUR/USD is trading at 1.39221. If you expect the Euro to strengthen against the US Dollar, causing the rate for EUR/USD to rise, you would click the buy rate, and make a buy order.

Selling

If the GBP/USD is trading at 1.60184 and you expect the British Pound to weaken against the U.S. Dollar causing the rate for the GBP/USD to fall, you would click the sell rate and make a sell order.

*High and Low

Also displayed in the currency quote box is the high and low prices since 16:00 ET at the end of the day’s market session. The high shown is the highest Buy price reached since 16:00 ET and the low is the lowest sell price reached since 16:00 ET.

*Roll S and Roll B

This shows your Roll rate for Buy and Sell positions. Roll S and Roll B will display the amount per lot that you will pay or receive, respectively, for positions that are open at 16:00 ET on a trading day. If there is a minus sign next to the number, the amount will be subtracted from your Balance. If the number is positive, the amount will be added to your Balance.

* If you have no open positions at 16:00 ET, even if you made trades during the previous 24 hours, there will be no rollover of positions, and no Roll S or Roll B will apply.

* For a more detailed description of how rollover works, please refer to the section entitled “Rollover Interest” above. Each month, a complete monthly rollover schedule, is updated on www.DailyFX.com. A link to the current month’s rollover schedule is located at http://www.dailyfx.com/calendar/rollover_calendar

*Time

Every time an exchange rate changes, a time stamp is placed next to the currency pair. The time is recorded in Eastern US Time. The official time for all exchange rates will be determined in accordance with FXCM’s internal clock, maintained at FXCM’s offices.

How to Place Trades

Open a position at the current market rate:

The simplest way to buy or sell at the current market rate is by clicking on the Buy or Sell price in the simple dealing rates window for the currency pair you wish to trade.

After clicking on the exchange rate for the currency pair, a “market order” screen will appear. In the market order screen you can:

§ Select a currency pair. This line will default to the currency pair highlighted in the Dealing Rates Window. You can select another currency pair from the drop down box.

§ Select sell or buy.

§ Select the amount you are buying or selling. Trades are made in increments of one hundred thousand (100,000) of the base currency in a standard account. This field is in thousands (hence the (K) in the label). “One hundred (100) represents 1 lot, or one hundred thousand (100,000) units of the base currency. “Two hundred (200) is 2 lots, or two hundred thousand (200,000).

Click the “OK” button after all the selections have been made to execute the trade. After “OK” has been selected the trade will appear in the “Open Positions” tab, which confirms the execution of the order.

Another Way a Position can be opened:

Click on the “Sell” or “Buy” button in the menu bar located at the top of the currency trading platform. A “market order” window will appear, then repeat the steps mentioned above.

Closing a Position

To close an Open Position, left click directly on the “Close” price of the ticket you wish to close. This is found in the Open Positions window.

This will bring up the “close position” screen which has two parameters you can set prior to sending the close order request.

§ Select the ticket that you wish to close. This will default to the ticket you clicked on.

§ Select the amount you wish to close. If you wish to close only a portion of your position, simply scroll down the list and select the amount you wish to close.

Click the “Ok” button after all the selections have been made to close the position. Once the position is closed it will disappear from the “Open Positions” window.

Positions closed during the current trading day will appear in the Closed Positions window. Positions closed during previous trading day’s can be viewed by running a report for the account by clicking on the Report button at the top of the trading platform. A report can be accessed for any period during which the account has been open.

Other Ways You can Close an Open Position

Click on the Ticket Number located in the “Ticket” column in the Open Positions window. Next, click on the “Close” button in the menu bar located at the top of the currency trading platform. A “close order” window will appear, then repeat the steps above.

Because positions in a currency pair are netted, you can also close an open Buy trade (long) by selling an equal or greater amount of the same currency pair. You can also close an open Sell trade (short) by buying an equal or greater amount of the same currency pair. For example, if you have bought 3 lots of EUR/USD, and then sell 3 lots of EUR/USD, your position will be closed. Another example: If you have bought 3 lots of USD/JPY, and then sell 2 lots of USD/JPY, you will be left with only 1 lot of USD/JPY in a Buy (long) position.

Placing an Entry Order

You can place an order at a price above or below the current market rate by using an Entry Order. These orders are only executed if the market rate reaches the rate specified in the order.

Where are my Limit Orders? – In equities trading, you can make limit orders to buy below the market or short above the market. You can also make stop orders buy above the market, or short below the market. When trading in your Currency Account, you can do all these things with an Entry Order.

Examples:

If the market price in EUR/USD is 1.39221 and you wish to place an order to sell if the market moves to 1.3950, you would place an entry order.

If the market price in EUR/USD is 1.39221 and you wish to place an order to buy if the market moves to 1.3950, you would also place an entry order.

To place an entry order, click on the “Entry” button at the top of the trading screen in the menu bar. After clicking the “Entry” button, the “Create an Entry Order Box” will appear.

It is similar to the box used to create a market order. The difference is that you can choose the Rate. The Rate is the price you would like to buy or sell at in the future (if the market reaches that price).

Once the order is accepted, it will be listed in the “Orders” window. It will remain there as a waiting order until the market moves to the rate specified in the order, or the order is cancelled. Once the trade is executed, the position will disappear from the “Orders” window and reappear as an open position in the “Open Positions” window.

Entry Orders must be placed at least 0.1 pip away from the current market price.

Example: Minimum Entry Order Placement – 0.1 pip away from current market price

If the market price in EUR/USD is 1.1.39221 and you wish to place an entry order to sell you must place the entry order at a price of 1.39220 or 1.39222 (0.1 pip away from the current market price)

If the market price in EUR/USD is 1.39221 and you wish to place an order to buy you must place the entry order at a price of 1.39222 or 1.39220 (0.1 pip away from the current market price)

Changing an Entry Order

Once an entry order has been placed, the order rate can be changed by clicking on the order amount or order price. This will bring up the Change Entry Order screen where you can alter the parameters.

Canceling an Entry Order

To cancel an existing entry order, right click on the order number in the Orders window, then select “remove order”. After selecting “remove order”, you will be asked to confirm that you wish to delete the selected order. Click “Yes” to cancel the order or “No” to make no changes to the order. Once the “Yes” button is clicked, the order will be deleted from the “Orders” window and be officially removed.

Adding Stops and Limits to Open Positions

Stop and Limit Orders are orders which are designed to be tied to an open position or an Entry Order. Stop and Limit Order will automatically close a position when the market reaches a specified rate. Normally a Stop Order is designed to automatically close an open position to prevent further losses, while a Limit Order is designed to close an open position and take your profits.

If you open a position by buying a currency pair (being long), the stop order will always be placed below the current market price, and a limit order will always be placed above the current market price. If you open a position by selling (being short), the stop order will always be placed above the current market price and the limit order will always be placed below the current market price.

It is important to note that if you open a position by buying, you will need to sell to close. So, your position will be closed when the “sell” price reaches your stop or limit price. Conversely, if you opened a position by selling, then your position will be closed when the “buy” price reaches your stop or limit price.

Example:

You have a buy (long) position in EUR/USD which was opened at 1.3954 and the market price is 1.3950. You wish to have this position automatically closed at a loss if the sell price reaches 1.3900 or automatically closed for a profit if the sell price reaches 1.4000. So, you set a stop order on your open position at the rate of 1.3900 and a limit order at the rate of 1.4000.

To place a stop or limit on an open position, go to the Open Positions window and click in the box under the “stop” or “limit” column.

After clicking on the box in the “stop” or “limit” column of the open positions window, the stop/limit box will appear. On the stop/limit box, there are three parameters which can be set.

* Choose the specific ticket (as shown in the open positions window) where the stop or limit will be placed.

* Select either a stop or limit order

* Select the exchange rate at which the stop or limit should be triggered. (* Stop/Limit orders must be at least 1 pip above or below the current market price (the Sell Price for long positions, Buy Price for short positions).

* Click on the “New” button after all the selections have been made to place the stop/limit order.

Order Execution

Limit orders are often filled at the requested price or better, subject to available liquidity. If the requested price of a stop order is reached over the weekend, the order will become a market order on the open. Limit Entry (LE) orders are filled the same way as limit orders. Stop Entry (SE) orders are filled the same way as stops.

Once a stop is triggered, it becomes an At Best market order, and there is no guarantee it will be filled at any particular given price. Therefore stop orders may incur slippage depending on market conditions.

Other Ways to add a Stop or Limit Order to an Open Position

Click on the Ticket Number located in the “Ticket” column in the Open Positions window. Then click on the Stop/Limit button in the menu bar at the top of the platform. This will bring you to the Stop/Limit window.

Change/Delete a Stop or Limit Order

To modify the rate for a specific stop or limit order, simply click on box in the stop or limit column (as outlined above) which will bring up the stop/order window and allow you to change the rate. Click “OK” to implement the new rate.

If you wish to delete the order, simply un-check the boxes next to Stop and Limit in the stop/limit order window.

Adding Stops and Limits to Entry Orders

You can also add a stop or limit order to an entry order. Unlike stop or limit orders attached to open positions, stop and limit orders attached to entry orders only become active after the entry order executes and your entry order becomes an open position.

Example:

Let’s say the market price in EUR/USD is 1.3900. If you want to enter a long position if the market reaches 1.3950, you would place an Entry Order to Buy EUR/USD at 1.3950.

If you then wish to place a stop order for this trade at 1.3915 and a limit order to take your profit should the market reach 1.4000. To do this, you would attach a stop order to your entry order at the rate of 1.3915 and a limit order at 1.4000. If the market does not reach 1.3950 your stop and limit orders will remain inactive. If the market reaches your entry order price of 1.3950, then the entry order will be executed, it will move to the Open Positions Window, and the stop order at 1.3915 and the limit order at 1.4000 will become active.

To add a stop or limit to an entry order, click on the stop or limit column of the “orders” window. Then you can set the Stop or Limit as you do for an Open Position.

Execution of Trades

It is each Participant’s responsibility to review the open positions section of the Currency Trading portion of the Site for each of his/her Portfolios and confirm that all submitted currency trades have been executed by the Site. There will be no retroactive adjustment or execution of any currency trades. The Contest will not recognize any attempted trades that have not been submitted through the normal internet browser environment of the Site and executed by the Site, and CNBC shall have the right, in its sole discretion, to disqualify any Participant who makes or attempts to make any such trades.

Delays in Trade Execution

A delay in trade execution may occur for various reasons, including without limitation technical issues with your internet connection to FXCM’s servers, and may result in “hanging” orders. Your computer may not be maintaining a constant connection with FXCM’s servers due to a lack of signal strength from your internet connection. A disturbance in the connection path may interrupt the signal, causing delays in, or preventing, transmission of data between your computer and the FXCM server. FXCM and CNBC are not responsible for any delays in trade execution for your Currency Account and no retroactive adjustments to trades will be made.

Hanging Orders

During periods of high currency trading volume, “hanging orders” may occur. This is a condition where an order sits in the ‘orders’ window after it has been executed. The order will be highlighted in red, and the Status column will indicate ‘executed’ or ‘processing’. Generally, the order has been executed, but it is simply taking a few moments for it to be confirmed by the banks. During periods of heavy trading volume, it is possible that a queue of orders will form. Due to the increase in incoming orders, it may sometimes create conditions where there is a delay in processing a trade order. In these situations, the ‘status’ column in the ‘orders’ window will typically indicate ‘executed’ or ‘processing’. The trade will simply take a few moments to move to the ‘open positions’ window. The position may in fact have been executed, and the delay is simply due to heavy internet traffic.

Keep in mind that it is only necessary to enter any order once. Multiple entries for the same order may slow or lock your computer or inadvertently open unwanted positions.

Grayed Out Pricing

Grayed out pricing is a condition that occurs when liquidity decreases, and market makers that provide pricing to FXCM are not actively making a market in particular currency pairs. At times, a severe increase in the difference of the spread may occur due to a loss of connectivity with a bank or due to an announcement that has dramatic effect on the market that dries out liquidity. Such graying out of prices or increased spreads may result in margin calls on your account. When an order is placed on a currency pair affected by grayed out prices, the P/L will temporarily flash to zero until the pair has a tradable price and the system can calculate the P/L balance.

Inverted Spreads

Occasionally, if FXCM’s pricing feed becomes disrupted, spreads often become inverted. During these occasions, you should avoid placing At Best orders. While it may be tempting to place a “free trade,” keep in mind that you might not receive the indicated price and your actual trade may be many pips away from the displayed price. All Currency Account prices and trades processed by FXCM are deemed to be final.

Hours of Trading

Currency Trading will begin each week at 17:15:00 ET on Sunday, other than Week One, which will begin at 9:30:01 ET on Monday. Each week will end at 16:00:00 ET on Friday.. These times may be changed by FXCM at any time, based on the availability of its pricing feed.

Prices Updating Before the Open

Shortly prior to the beginning of trading at the beginning of each week of the Contest, FXCM refreshes rates to reflect approximate current market pricing in preparation for the open.

Widening Spreads – Market Open

Please be aware that during the first few hours after the beginning of each week of the Contest, the market tends to be thinner than usual until the actual Tokyo and London market sessions begin. Such thinner markets may result in wider spreads, as there are fewer buyers and sellers. This is largely due to the fact that for the first few hours after the open, it is still the weekend in most of the world.

Weekend Risk

Traders who fear that the markets may be extremely volatile over the weekend, that gapping may occur, or that the potential for weekend risk is not appropriate for their trading style, should simply close out orders and positions ahead of the weekend.

Gapping

Sunday’s opening prices may or may not be the same as Friday’s closing prices. At times, the prices on the Sunday open are near where the prices were on the Friday close. At other times, there may be a significant difference between Friday’s close and Sunday’s open.

The market may gap if there is a significant news announcement or an economic event changing how the market views the value of a currency. Traders holding positions or orders over the weekend should be fully comfortable with the potential of the market to gap.

Technical Problems

A technical problem may occur when the Currency Trading portion of the Site is not functioning or responding properly in relation to normal trading activity. Neither CNBC nor FXCM will be responsible for any trades affected during that time.

Single Session Login: Each currency trading portfolio can only be logged into one browser instance at a time. Opening the same portfolio in multiple internet browser sessions will cause the older session(s) to be logged out of the currency trading platform.

Visit CNBC Contest.com again for trading ideas and the latest news on the CNBC Million Dollar Portfolio Challenge Contest

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Any “Fast Money Madness” bracket strategy?

cnbc fast money
bodotdot asked:


I’m taking a stab at winning CNBC’s “Fast Money Madness” bracket contest, and wondering if anyone else is doing so. It’s a real crapshoot–trying to guess the consensus opinion of five stockpickers thirty-two times–but I’m trying anyway. Has anyone watched the show enough to get a feel for at least which of the contest’s four sectors (Tech, Health-Home, Financials, Industrial) is in favor now? They’re supposed to pick “winners” of each matchup based on which stock they feel will have the biggest percentage gain in the next twelve months. Since the trend on this type of show these days (and therefore attractive to retaining viewers) is to predict a potential bottom to the market as a whole, I’m guessing they’ll focus their winning picks on the sectors that have been beaten down the most, and will benefit most in a bounceback. Any quick thoughts (entries are due before 5p 3/26)?
Yes–the site mentioned below is the sign-up site.

webkinz
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Cnbc Million Dollar Portfolio Challenge Suspended !

In a terse announcement on air at 5 pm est Friday ,CNBC host Brian “Sully” Sullivan announced that the contest was suspended for one week as of today.

Sully stated that a technical glitch with the currency trading portion of the contest “allowed some players to exploit and ..get to the top position by… exploiting this glitch”

He Stated that:

The contest is to resume Monday Oct 30

All players will start with a zero balance as of the restart

The prizes already awarded will be kept by the winners

Further details are at the CNBC website

Stop back for latest news and tips to win the CNBC Million Dollar Portfolio Challenge

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ETFs with Alpha to win the CNBC Million Dollar Portfolio Challenge

Well to Follow up on my last post …I thought it would be a good idea to show how you use these Leveraged ETFs to make money and win the CNBC Million Dollar Portfolio Challenge.

First, as I pointed out, you are not going to win by buying stocks you like and “buy and hold“.

While you may feel this is the right plan for your personal investing..it is not going to win here.

Playing takeover stocks is a long shot..difficult to win this way ,but not impossible

Something that is timely ; we are now in earnings season.There are likely to be some big stock moves over nite.. such as Fridays $50 move in GOOG stock after a great earnings report.

It would certainly be great if you could be lucky or right LOL.. and pick a few of these in the coming weeks.Again you can’t get much leverage in high priced stocks like AAPL or GOOG .

The $50 move is a lot, but as a % of the $500 price it is not all that much.Try to find low priced stocks that may beat and surprise.

This brings up the “Lucky or Right” comment.You are going to have to get comfortable with the idea of an “Investment Thesis” .

What this means is you come up with a idea or a hunch of what a certain economic event or corporate event will be ,and then seek a financial instrument..to employ to exploit and profit from your idea or “thesis” in the most profitable and lowest risk [if possible] way.

All traders and investment managers do this.

To get a better idea of this, watch the 12:00 PM show Half Time Report on CNBC and listen to the traders put forth a trade idea and then defend their ideas under cross examination from Scott Wapner.

Notice the “conviction” they have about their idea and how strenuously they defend their ideas?

A good trader has conviction but the loyalty of a alley cat when he is shown by the market to be wrong.

They change their mind on a dime and cut the loss fast

I guarantee that this will be your biggest problem in trading..to cut off a losing “thesis” and try again.

Hope and denial is not a strategy when the market goes against your trade and will destroy you !

Preserve capital to try again

It is easy to say but hard to do !

So let’s give some examples .

I think unless you are a seasoned trader you should get together a list of the top ETFs and put it on a index card so you can move fast to put on the right trade by selecting the correct one to exploit your “thesis”

Here are some examples of how to proceed.

Let’s say I get the idea U.S. interest rates are going up in the near future.

Boom !

load up on symbol TBT ; this is the double short 30 year treasury ETF.Remember, bond prices move reverse of interest rates.

So interest rates up = bonds down.This ETF dropped from the 40-50$ range a few months ago to under $20 at one point as interest rates declined to record lows.

So as you can see; it moves! .

If you get on the right trend direction

But let’s say you think interest rates are going down even more [like if the European situation gets worse ] …then head on over to the TLT ; the double long 30 year treasury.

This ETF has exploded higher in the past months as the world teetered on recession

Here’s one I don’t think many are playing in this contest, that I have traded in real life.

The symbol at Schwab is $VIX but proshares has a “Ultra VIX Short-Term Futures ETF”.

This is the volatility index.

What this can be used for is to take advantage of market panic events.

As thing worsened in Europe last week this index skyrocketed to almost $50 from the $25 range only a month ago

As of last weeks better market the index dropped down.

It is common for this index to move up or down $3 or 4 dollars in a day.

Get something real bad or real good for the market ,and very big moves can be obtained.

A excellent tool in your trading toolbox

Well I can’t go through all of the too -many- ETFs here ; but you should spend as long as it takes to make up a list and understand which way these move at the proshares site and the direxionshares site.

The Big Concept is to know which ETFs do what ;for what sector or event and what direction they move.

Once you know what the tools are good for; you can build a winning trade with the right tool for the job

Here is a list of some of the Direxion Leveraged ETF that may help

s3x ETFs


BGU Daily Large Cap Bull 3x Shares Russell 1000 300% RIY
BGZ Daily Large Cap Bear 3x Shares Russell 1000 -300% RIY
MWJ Daily Mid Cap Bull 3x Shares Russell Midcap Index 300% RMC
MWN Daily Mid Cap Bear 3x Shares Russell Midcap Index -300% RMC
TNA Daily Small Cap Bull 3x Shares Russell 2000 300% RTY
TZA Daily Small Cap Bear 3x Shares Russell 2000 -300% RTY

Sector Equity

COWL Daily Agribusiness Bull 3x Shares DAX Global Agribusiness Index 300% DXAG
COWS Daily Agribusiness Bear 3x Shares DAX Global Agribusiness Index -300% DXAG
MATL Daily Basic Materials Bull 3x Shares The S&P® Materials Select Sector Index 300% IXB
MATS Daily Basic Materials Bear 3x Shares The S&P® Materials Select Sector Index -300% IXB
ERX Daily Energy Bull 3x Shares Russell 1000 Energy 300% RGUSEL
ERY Daily Energy Bear 3x Shares Russell 1000 Energy -300% RGUSEL
FAS Daily Financial Bull 3x Shares Russell 1000 Financial Services 300% RGUSFL
FAZ Daily Financial Bear 3x Shares Russell 1000 Financial Services -300% RGUSFL
CURE Daily Healthcare Bull 3x Shares The S&P® Health Care Select Sector Index 300% IXV
SICK Daily Healthcare Bear 3x Shares The S&P® Health Care Select Sector Index -300% IXV
DRN Daily Real Estate Bull 3x Shares MSCI US REIT Index 300% RMZ
DRV Daily Real Estate Bear 3x Shares MSCI US REIT Index -300% RMZ
SOXL Daily Semiconductor Bull 3x Shares PHLX Semiconductor Sector Index 300% SOX
SOXS Daily Semiconductor Bear 3x Shares PHLX Semiconductor Sector Index -300% SOX
TYH Daily Technology Bull 3X Shares Russell 1000 Technology Index 300% RGUSTL
TYP Daily Technology Bear 3X Shares Russell 1000 Technology Index -3

YINN Daily China Bull 3x Shares BNY Mellon China Select ADR Index 300% BKTCN
YANG Daily China Bear 3x Shares BNY Mellon China Select ADR Index -300% BKTCN
DZK Daily Developed Markets Bull 3X Shares MSCI EAFE Index 300% MXEA
DPK Daily Developed Markets Bear 3X Shares MSCI EAFE Index -300% MXEA
EDC Daily Emerging Markets Bull 3X Shares MSCI Emerging Markets Index 300% MXEF
EDZ Daily Emerging Markets Bear 3x Shares MSCI Emerging Markets Index -300% MXEF
LBJ Daily Latin America Bull 3x Shares S&P Latin America 40 Index 300% SPLAC
LHB Daily Latin America Bear 3x Shares S&P Latin America 40 Index -300% SPLAC
RUSL Daily Russia Bull 3x Shares DAX Global Russia+ Index 300% DXRPUS
RUSS Daily Russia Bear 3x Shares DAX Global Russia+ Index -300% DXRPUS
Fixed Income

TYD Daily 7-10 Year Treasury Bull 3x Shares NYSE 7-10 Year Treasury Bond Index 300% AXSVTN
TYO Daily 7-10 Year Treasury Bear 3x Shares NYSE 7-10 Year Treasury Bond Index -300% AXSVTN
TMF Daily 20 Year Plus Treasury Bull 3x Shares NYSE 20 Year Plus Treasury Bond Index 300% AXTWEN
TMV Daily 20 Year Plus Treasury Bear 3x Shares NYSE 20 Year Plus Treasury Bond Index -300% AXTWEN

Check back often for more news and tips about winning the CNBC Million Dollar Portfolio Challenge

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What won’t win the CNBC Million Dollar Portfolio Challenge..and what will

Well, now that the contest is underway ,as promised, I want to share some ideas on what strategy will be more likely to win the contest and contrast that with some pitfalls that could make it a loss before you even get going.

Now many will be just entering to have a bit of fun and see what it is like to virtually trade a $5,000,000 portfolio.

You may have seen the commercials where one past winner who was a waitress said :”waitresses don’t win contests about stocks !” yet she did win.

That gives hope to all that anyone can win..

but as the promo inplied… I am sure she would admit it was mostly luck.

So, here are some ideas that almost surely will not win.

1] Buying large cap “blue chips” such as Johnson and Johnson,Coke, MMM etc. These stocks move too slowly to move your play portfolio.

2]Doing the same thing as everyone else.

Sure ,there is a time to follow the crowd when trading; and sometimes the crowd IS right, but the problem is : with many contestants all doing the same thing; by defiinition, your portfolio can’t outperform.

But how do you know if you are following the crowd?

That’s easy; CNBC is posting the top traded stocks on the CNBC site as well as mentioning the stats during the day.

Now an interesting thing happened on the first day of the contest; Apple broke out of a chart pattern above $400 and made a new all time high.This breakout has extended today

Apple was the most traded stock, according to CNBC, on the opening day of the challenge

But Apple is such a cult stock that one would have expected to see it on the top traded list even if it had not broken to new highs

See the problem ? Apple has some qualities that make it excellent for the contest such as momentum and movement.

Trouble is ;there are hundreds, or thousands of contestants all doing the same thing !

How can you outperform?

Also, the high real dollar price makes it hard to get much leverage.Using all 5 accounts allowed you could buy a total of aproximatly 10,000 shares of AAPL [ $400x2000=$800,000] so a 1 point move = $10,000 profit.

A lower priced stock that had high volatility would be a better choice since you could buy a greater share quantity,and thus achieve more leverage.

Of course you need to pick a GOOD low priced stock that moves to use this approach

3] Playing takeovers

This is a bit tricky !…yes you could win doing this .In the past, winning contestants did use this approach.Luck of course ,would be the primary factor .That’s because takeovers never seem to happen on schedule and when you really need them to happen !.

If you use this strategy it is a “Hail Mary Pass”.

Why ? if you leave the money parked in a speculated takover stock such as GR or WLT ..sure; it could happen before the contest ends in November!. but what if it doesn’t ? you will have fallen far behind the other players by leaving the cash in a dormant stock that is likely to take a price dive if the expected offer never comes;or, as frequently happens, the price offered is less than speculated

So,just a few Ideas to get you thinking about strategy

Check back again for more news and contest winning ideas

Note: The CNBC Contest has been running for 2 days ,however signups are still accepted for new contestants on the CNBC site as of today

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