Mobile game app on stock trading launched

Finding it tough to learn the basics of the stock market? Here is a solution from Hedge Equities, a leading financial services company based in Kochi.

The company has launched a mobile game app TORO e ORSO, the Italian term for the ‘bull and bear’, aimed at educating the younger generation on the fundamentals of stock trading,

It was earlier launched as a board game and has received a good response from the youth. According to the company, the game will make learning the basics of stock trading simple.

The app has been developed by C Shark, a company that has made a mark in the game development industry with the support of the Hedge School of Applied Economics.

The objective of the game is to make people understand that the stock market is not a pure game of chance as it depends on lots of other factors, both globally and nationally.

Alex K Babu, Managing Director, Hedge Equities, says that using apps and games is the best way to teach youngsters about the ABCs of share trading as they acquaint with everything easily through such games.

The Android-based game, launched as a single player one, has three levels – beginner, amateur and professional. While the beginner level has 10 rounds, the amateur and professional levels have 20 and 40 rounds respectively.

Initially, players get a virtual amount of ₹5000, which can be used to invest in any one of the 10 sectors – oil and gas, telecom, FMCG, automobile, realty, pharma, power, IT, metal and banking. The sectors will be marked on the spinning wheel. With the spinning of the wheel, chance cards appear and it indicates an effect that could positively and negatively affect any of the sectors.

For instance, a chance card might have in it, ‘deficit monsoon’ and therefore it will lead to a loss of 100 points if the player has investments in the FMCG sector. Another chance card may indicate “entering into more verticals in association with other global players” and it will lead to increase in the value of the stock by 50 points.

After each chance card, scores will be displayed and a macro card will appear after each level. A macro card will announce news affecting all the 10 sectors and mutual funds simultaneously. After the completion of all rounds, a scoreboard will show the difference between gains made and losses incurred by the player. According to the developer, the game enables the player to assess his decisions by analysing the portfolio and the score.

The app can be downloaded from Google Playstore.

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