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Learn. Trade. Win: Split US$200,000 in Cash Rewards

1. Event

Learn. Trade. Win: Split US$200,000 in stock cash coupons*. The Event consists of two separate promotions:

  • Positive Returns Challenge, share US$100,000 stock cash coupons.

  • Guess for Prize Game, share US$100,000 stock cash coupons.

 

2.Event Period

October 14, 2024 to November 16, 2024 (UTC+8). See details below.

 

3. Eligibility

  All Moomoo SG users

 

4. Positive Returns Challenge, split US$100,000 stock cash coupon

  The Positive Returns Challenge is a paper trading competition. Participants can enter the Positive Returns Challenge by registering for the Event and joining the Positive Returns Challenge. Participants whose weekly P/L is positive, can share US$20,000 in Stock Cash coupons each week, with a total of US$100,000 available over five weeks.

4.1Regions

Participating regions of this promotion: United States of America, Hong Kong, Singapore, Malaysia, Australia, Canada and Japan.

4.2 Rewards

4.2.1  Positive Returns Challenge rewards. Participants whose weekly P/L is positive, can share US$20,000 in Stock Cash Coupons each week, with a total of US$100,000 available over five weeks.

  Every Monday, participants can check this event page to see if they have received the prize pool rewards from the previous week. Rewards will be distributed to the winners' universal accounts within 3 working days and can be viewed in the app under "Coupons"; The rewards for each winner = US$20,000 / number of Participants.

4.2.2 Regional Winners. Participants whose cumulative returns rank in the top 3 in each jurisdiction shall receive the following rewards:

  • 1st: US$1,000 in Stock Cash coupons (Stock Cash coupons will be split into 10 Stock Cash Rewards valued at US$100 each.)

  • 2nd: US$500 in Stock Cash coupons (Stock Cash coupons will be split into 5 Stock Cash Rewards valued at US$100 each.)

  • 3rd: US$200 in Stock Cash coupons (Stock Cash Rewards will be split into 2 Stock Cash coupons valued at US$100 each.)

4.2.3 Global Winners. Participants whose cumulative returns rank in the top three globally (as defined below) shall receive the following rewards:

  • 1st: The top-ranked Participant globally is eligible for US$10,000 in Stock Cash coupons (10 x US$1,000). (Will be split into 10 Stock Cash coupons valued at US$1000 each.)

  • 2nd: The Participant ranked second globally is eligible for US$3,000 in Stock Cash coupons (3 x US$1,000). (Will be split into 3 Stock Cash coupons valued at US$1000 each.)

  • 3rd: The Participant ranked third globally is eligible for US$1,000 in Stock Cash coupons (1 x US$1,000). ( 1 stock Cash coupon valued at US$1000.)

  • Times Square, Nasdaq Tower video: Opportunity to be featured in a video to be broadcasted at Nasdaq Tower in Times Square. To be featured, you must sign a publicity release agreement.

  Jurisdiction and Global Winners will be announced at the conclusion of the Event on November 20, 00:00 UTC+8. The announcement of the results of the Event will be considered final.

  Eligible Participants must return to this event page between November 20, 0:00, and November 28th, 23:59:59(UTC+8) to claim their rewards. Failure to claim the rewards during this period will be considered a forfeiture.

  If the global top 3 participants voluntarily forfeit their opportunity to be featured on the Nasdaq outdoor screen, we will postpone the opportunity to the next participants in the global ranking order. Please note that this special circumstance only pertains to the reward to be featured on the Nasdaq outdoor Screen, and other rewards (such as Stock Cash coupons) will still be issued to the global top 3 participants as usual.

4.3 How to Participate in the Positive Returns Challenge

  • On the main event page, click on the entrance to the Positive Returns Challenge section to enter the Positive Returns Challenge page;

  • Click the " Register now" button to successfully register and create a paper trading competition account (with US$100,000 in virtual funds).

  • Click the " Start now" button to go to the paper trading page, where you can check asset status and place simulated orders.

  • During the competition, you can go back to the "Positive Returns Challenge" page to view the schedule and ranking based on returns.

 

*Weekly Return Rate: (Net Asset Value after Friday's closing bell this week / Net Asset Value after Friday's closing bell last week - 1) * 100%

*Total Return Rate: (Net Asset Value after the end of the competition / Initial Net Asset Value of the competition account - 1) * 100%

4.4 Competition Trading Rules

4.4.1  Tradable securities: US stocks and ETFs only.

4.4.2  Trading Hours for US Stock Market: Monday to Friday 9:30 AM to 4:00 PM (Eastern Time).

4.4.3  Margin Trading and Short Selling:

  • Short selling is supported with an initial margin requirement of 100% and a maintenance margin requirement of 50%.

  • The interest on short selling is calculated at an annual rate of 6% and is charged daily after market close.

4.5 Trading Order Restrictions:

  • To maintain the professionalism and fairness of the competition, trading of stocks priced below $1 is prohibited.

  • The maximum number of orders per day is 200 (excluding cancellations and modifications).

  • The maximum number of positions held is 100.

  • The maximum single-stock position limit is 40% of total assets. If the limit exceeds 40% due to stock price fluctuations and exercises, it is not affected by this rule.

4.6 Corporate Actions:

  • The competition supports only dividends, stock splits, and mergers; other types of corporate actions are not supported.

  • If a listed company is delisted for any reason, participants cannot engage in simulated trading of that stock on subsequent competition days. The system will deposit virtual funds into the participant's competition account based on the stock's last closing price on the second working day.

  • Due to upstream dependencies in corporate actions, there may be delays in data sources. If this affects user rankings, the simulated trading system will make every effort to rectify the issue to ensure fair competition.

4.7 Matching Rules

The matching of simulated trading orders takes into account the actual trade's tick-by-tick volume. Even if the order price is suitable, it will not be executed if there is no tick-by-tick volume. If the tick-by-tick volume of the actual trade is less than the order quantity, a partial execution will occur, matching only the volume of the actual trade, while the remaining order remains in the matching queue awaiting execution.

4.8 Ranking Rules

If users have the same rate of return, they will be ranked in the leaderboard based on the order of their registration timing for the competition.

4.9 Fees

  • Commission and platform usage fee: 0

  • Settlement fee: $0.003 per share

  • SEC fee: Trading amount * $0.0000278, with a minimum of $0.01 per transaction (applies to sells only)

  • Trading activity fee: $0.000166 * number of shares sold, with a minimum of $0.01 and. a maximum of $8.30 per transaction (applies to sells only)

 

5. Guess for Prizes: Get a Slice of US$100,000* stock cash coupons

5.1 Prize Guessing Period: October 14th 10:00 AM - November 15th 03:00 AM (UTC+8), a total of 32 rounds

  • On the main event page, click on the guess for prizes event section entrance to go to the guessing event page.

  • Three quiz questions are set daily, and Participants can select the corresponding answer buttons to make guesses.

  • Daily guessing period: 14 October - 2 November Day T 5:00 AM - Day T+1 2:00 AM ; 3 November - 15 November Day T 05:00 AM - Day T+1 03:00 AM (UTC+8). Users can modify answers before this time; modifications are not allowed after this time.

  • Guessing results will be announced at 16:00 noon on Day T+1 (UTC+8).

5.2 Guessing Points

    Participants will be awarded 10 Guessing Points and 10 moomoo Points for each correct guess. To qualify for a Get a Slice of US$100,000 competition, Participants must have 500 Guessing Points.

5.3 Avatars: Chance to Get a Slice of US$100,000

    By participating in the Guess for Prizes, Participants unlock the "New challenger" avatar. Participants who collect 100 Guessing Points will unlock the "Master of Guesses" avatar.

    Participants who collect 500 Guessing Points, unlock the "Prophet" avatar and qualify for sharing US$100,000 in Stock Cash Coupons.

 

 

6. Event Tools

6.1 Collect Coins to unlock Tools

Throughout this Event, Participants can earn Coins by completing certain tasks. Participants can collect Coins to unlock tools that can help them during the Event.

 

To earn Coins, go to the "Earn Coins" page, and click the "Complete Tasks" button to open a task popup window. After completing the tasks shown in the popup window, Participants can earn the corresponding Coins. Completing more tasks can earn more Coins, and the specific tasks and rewards are subject to the task list. Each task rewards Participants with a different number of Coins based on its difficulty.

6.2 Exchange Coins for Tools

When Participants click the "Exchange Tools" button, they will exchange their Coins to obtain tools. After receiving a prompt of successful exchange, users can click "Use Now" to use the tool, or view and use the owned tools in "My Tools". Tools are available in both the Positive Returns Challenge and the Guess for Prizes Game.

 

  • Positive Returns Challenge :

      Defense Card:The Defense Card requires 5 Coins. The Defense Card allows Participants to hide their position information to prevent other Participants from viewing it. The card is valid for 24 hours after use.

     

      Reset Card: The Asset Reset Card requires 5 Coins. The Asset Reset Card Users allows Participants to reset their account funds for this competition to the initial amount, which is $100,000 in virtual funds.

 

  • Guessing Game Tool

      Direct entry Card: This Card requires 50 Coins. This card awards Participants 500 Guessing Points. With this card, Participants can qualify immediately for a share of the US$100,000 prize.

      +50 Guessing points: This card requires 5 Coins and awards 50 points to Participants.

7. Guess for Prizes rewards

  • Participants who collect 500 Guessing Points can share the US$100,000 stock cash coupons.

  • After the event ends, the organizers will review the final qualifying users for sharing the prize. Based on the final confirmed number of qualifying users, the amount each user can receive from the prize pool will be calculated as follows: Each person's share = US$100,000 / number of qualified users;

  • Rewards will be distributed after the event ends. Qualified users must return to this event page between 00:00 on November 20th and 23:59:59 on November 28th(UTC+8) to claim their rewards. Failure to do so within this period will be considered a forfeiture of the reward.

 

 

8. Specific rules for Stock Cash Coupons:

 

  1. You must have a Moomoo SG universal account to receive Stock Cash Coupons.

  1. You can use the Stock Cash Coupons when buying US stocks, Hong Kong stocks and Singapore stocks (common stocks or ETFs) (The Stock Cash Coupons will be split into three denominations:"X"*, 100, and 1000. When using them, the corresponding purchase order amount must be equal to or greater than 10, 100, and 1000 US dollars or equivalent in Singapore Dollars, respectively.), and after using it, you will receive an amount equal to the value of the Stock Cash Coupons. The amount will be credited to the relevant universal account within 3 trading days after the order is completed.

*"X" = The face value of the Stock Cash Rewards obtained by sharing the prize in Positive Returns Challenge or Guess for Prizes.

 

  1. Stock Cash Coupons have expiration date. In Positive Returns Challenge and Guess for Prizes, Stock Cash Coupons obtained through sharing have a validity period of 30 days from the date of receipt; for other Stock Cash Coupons obtained from Positive Returns Challenge as Top prizes, the validity period is 180 days from the date of receipt.

  1. During the validity period, the Stock Cash coupons will automatically match the first qualifying trading order (only for opening buy orders), with conditions including order amount, trading category, applicable market, etc. Cashback will be received upon completion of a qualifying trade order within the Stock Cash Coupons' validity period.

  1. Only one coupon can be used per order, and commission coupon stacking is supported during trading.

 

9. Free Nasdaq Totalview Quote Card

During the event, users can visit the Investing Bootcamp page and receive one Nasdaq Totalview quote card for free. The card is valid for 31 days from the date of issuance.

 

10. Points

Points have no cash value. Points can be used to redeem equivalent goods/coupons in the Points Mall, and rewards will be issued within 24 hours after the round ends. Point reward records can be checked in the app under "My Rewards."

 

11. Avatar Frame

    Upon entering this event page, users can click on "Let's get started" to receive the exclusive "Anniversary event avatar frame." The avatar frame is valid until November 17, 2024, 23:59:59(UTC+8).

    After obtaining the avatar frame, you can go to the "Achievements Page" to wear or remove it.

 

12. Extra Bonus 

  On October 29th, users who enter the event page will receive extra bonuses, including Anniversary Badge and Coins (Please refer to the pop-up banner on the event page for the specific rewards.). "The Anniversary Badge" can be viewed and applied in the app under "My Badges." For information on how to use "Coins," please refer to sections 6.2.

 

13. Other Terms and Conditions

  1.  
    1. The rewards and offers in this campaign/promotion (“Campaign/Promotion”) are provided by Moomoo Financial Singapore Pte. Ltd. ("Moomoo SG”), a wholly-owned subsidiary of Futu Holdings Limited. By participating in this Campaign/Promotion, you undertake to have carefully read and agree to be bound by the terms and conditions of this Campaign/Promotion (“Terms and Conditions”), as well as the terms and conditions of the existing Client Agreement. Moomoo SG has the final decision on the eligibility of participants in this Campaign/Promotion.

    2. Moomoo SG reserves the right to: (i) amend these Campaign/Promotion Terms and Conditions at any time without prior notice to you, and (ii) change, withdraw or terminate any offer or reward without disclosing the reason and without making compensation or remuneration. Any adjustments or decisions made by Moomoo SG in connection with this Campaign/Promotion shall be binding on all participants.

    3. You shall be responsible for any telephone, internet and other charges that may be incurred.

    4. Currently, Moomoo SG limits account sign-ups to a limited group of nationalities. Please click on the drop-down box during your account opening process to see if your nationality is available on the list.

    5. You can only open one universal account with Moomoo SG. Moomoo SG does not allow one person to open a universal account on behalf of another person (i.e. non-beneficial owners are not allowed to open accounts). Please do not open the universal account if you are not the ultimate beneficial owner.

    6. Each device, whether mobile or computer, can only receive one set of account opening bonus, deposit bonus and/or referral bonus. The same user can only be invited once. The same moomoo account, the same mobile phone number, and the same device are all regarded as representing the same user.

    7. If your universal account shows signs of fraud, abuse, or suspicious activity, such as the use of multiple accounts or devices, Moomoo SG may, at its sole discretion, confiscate your reward entitlements and limit your opportunities to participate in future Campaign/Promotion.

    8. Nothing in connection with this Campaign/Promotion shall be construed as an offer, invitation or recommendation to buy or sell securities, futures or other investment products. Moomoo SG does not provide investment advice and does not recommend any securities or transactions. All types of investments involve risk, and you may suffer losses. All information and data on the webpage are for informational purposes only. Past performance is no guarantee of future results. This Campaign/Promotion does not consider your investment objectives, financial situation or financial needs.

    9. In the event of any inconsistency between these Terms and Conditions and any advertising, promotion, promotional and other materials relating to or in connection with this Campaign/Promotion, these Terms and Conditions shall prevail.

    10. Any trademarks, graphic symbols, logos or intellectual property contained in any materials relating to this Campaign/Promotion, particularly in connection with the rewards/prizes, are the property of their respective owners. Moomoo SG does not provide any financial advice, endorsement or sponsorship of its products or services.

    11. The Positive Return Challenge account is purely a virtual trading account and can only be used for simulating trading challenges with US stocks and US stock ETFs. The cash or other assets displayed in the Positive Return Challenge account have no actual value and cannot be withdrawn or exchanged.

    12. The content and design of the Positive Return Challenge account are assets of the Organizer, and you are not allowed to alter, modify, adapt, imitate, or otherwise change any part in any way.

    13. You acknowledge and agree that the Organizer may display or use your user nicknames, avatars, moomoo App accounts, total returns, holdings, and trading information, as such information relates to the paper trading comptetion.

    14. All transactions conducted through the Positive Return Challenge account are virtual in nature. Instructions entered by you will not be transmitted to any exchange for execution (including but not limited to the New York Stock Exchange, Nasdaq Stock Market, American Stock Exchange), nor will they constitute any settlement or payment obligations for you or Moomoo SG. Securities trading services provided byMoomoo SG and any rights and obligations related to such services do not apply to virtual trading within the Positive Return Challenge account.

    15. Some information displayed in the Positive Return Challenge account (including security quotes) is provided by third parties. The bank makes no representations, warranties, or commitments regarding the accuracy or completeness of such information and shall not be liable for any losses or damages incurred by any person directly or indirectly using such information.

    16. Moomoo SG has the final decision-making power on the calculation of the holding profit challenge account, the list of winners for each prize, and their prizes. You may not object;

    17. If you believes that you have engaged in any cheating behavior, the organizer has the right to cancel the results. If cheating behavior causes losses to the organizer, the organizer reserves the right to pursue legal action;

    18. If any cheating behavior is found among the global and regional top 3 participants, their eligibility for the prizes will be revoked, and the prizes will be offered to the next participant identified in the global ranking.

    19. At the end of the campaign, top 3 global users with the highest cumulative returns in the Positive Return Challenge are required to cooperate with Moomoo SG's promotional activities, including being interviewed by Moomoo SG, recording the winning video and delivering a winning speech. You are required to sign an authorization form agreeing that Moomoo SG will use the relevant materials for brand promotion within the period of time.

    20. Moomoo SG shall not be responsible for any errors, omissions, interruptions, deletions, defects, delays in transmission over communication lines, or any problems or technical malfunctions arising from telephone networks, computer online systems, servers or providers, computer equipment, software, or any technical issues or communication congestion resulting in failure to receive any emails or communications;

    21. Moomoo SG shall not be responsible for any injury, loss or damage suffered as a result of, or in connection with the Campaign/Promotion and/or redemption or use of the prize/rewards howsoever arising, including but not limited to, fulfilment of the prizes/rewards, any breakdown or malfunction in any computer system or equipment, any notice which is misdirected and/or lost in the post, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties howsoever arising whether in contract, tort, negligence or otherwise. For the avoidance of doubt, cancellation, suspension or termination by Moomoo SG of this Campaign/Promotion shall not entitle any party to any claim or compensation against Moomoo SG for any and all losses or damage suffered or incurred directly or indirectly resulting therefrom.

    22. Some prizes for this activity are provided by third-party merchants (including items redeemed in the mall using points). Once the prize is collected, it cannot be returned or exchanged. The use of prizes is subject to the merchant's relevant terms. The winner shall bear all applicable taxes, fees, additional charges, and/or foreign tariffs (if any). In case of any issues with the prize, please contact the relevant merchant directly. The organizer assumes no legal responsibility;

    23. Activity rewards are strictly distributed according to the rules. You cannot apply for rewards through special means if they do not meet the qualifications for the activity. You reserves the final decision-making power on the distribution and changes of any rewards;

    24. If the prizes for this activity are provided by Moomoo SG, your use is subject to the terms and conditions issued by Moomoo SG for the respective prizes;

    25. Before redeeming the Stock Cash coupons distributed in the redemption activities, winners must open a corresponding Universal account in the relevant market to receive the corresponding rewards;

    26. There are expiration dates for receiving and using activity rewards. Failure to claim or use rewards within the specified period will result in the rewards being forfeited, and the winner is considered to have automatically waived their eligibility;

    27. Moomoo SG reserves the right to modify or cancel the activity process, rules, awards, explanations, etc., based on actual circumstances and will notify participants as early as possible. The interpretation of the rules of this activity belongs to Moomoo SG, who has the right to modify rules, processes, etc., including but not limited to the rules and processes of the activity, in response to loopholes in the activity;

    28. If the activity is not running normally for any reason, such as interruptions or early termination, Moomoo SG has the right to make corresponding adjustments and handle trading operations during abnormal periods.

    29. Moomoo SG may freely quote the achievements and personal information of participants in any promotions or advertisements related to the activity, including but not limited to name, portrait, or voice (except where prohibited by law), without the approval of the participant being quoted;

    30. The confirmation of information and data for this activity is based on Moomoo SG's backend confirmation, and Moomoo SG reserves the final interpretation right;

    31. Nothing in connection with this Campaign/Promotion shall be construed as an offer, invitation or recommendation to buy or sell securities, futures or other investment products. Moomoo SG does not provide investment advice and does not recommend any securities or transactions. All types of investments involve risk, and you may suffer losses. All information and data on the webpage are for informational purposes only. Past performance is no guarantee of future results. This Campaign/Promotion does not consider your investment objectives, financial situation or financial needs.

    32. Moomoo SG reserves the final decision-making power on any disputes related to this activity;

    33. All amounts in the rules for this promotion are in U.S. Dollars.

    34. Each user is limited to using one account, one mobile phone number, and one device to participate in promotions. Abnormal behavior (including but not limited to using mobile phone device emulators and artificially modifying mobile phone device numbers) may automatically disqualify or suspend users’ eligibility for participating in the promotion. This offer is limited to one reward per new account, with no more than one account enrolled per person.

    35. This Campaign/Promotion is not eligible to users whose names are on the "Moomoo SG Event Participation Ban List". If a user repeatedly violates safety rules of Moomoo SG, their name will be added to the "Moomoo SG Event Participation Ban List".

    36. If you have any questions, please contact our online customer service team.

    37. This advertisement has not been reviewed by the Monetary Authority of Singapore.