Agora Fall Trading Championship

1. This is simulated paper trading. No real money is invested, and there are no deposits, withdrawals, or cash prizes.
2. Every participant starts with the same virtual capital ($100,000).
3. The competition lasts 30 days once an administrator activates it. It does not start automatically.
4. Rankings are based on total portfolio value: available cash plus the current market value of every holding.
5. Prices come from Agora's simulated athlete market and are the same for every trader. Your own trades move the price slightly, like a real market.
6. The Agora valuation methodology (weights, coefficients, internal fair value) is proprietary and is never shown.
7. Trading may be paused by administrators for technical or integrity reasons. The clock keeps running during a pause.
8. Agora may correct obvious technical errors or exploits, including reversing trades or disqualifying accounts.
9. You cannot sell shares you do not own, go below zero cash, or edit your trade history.
10. When the clock ends, trading stops and all standings, returns, and portfolios are frozen.