Summary
Highlights
Before entering bond trades, conduct thorough research using websites like EMMA (msrb.org) for municipal bonds and FINRA for other bond types. Direct links are provided in the video description.
Access your trading portfolio at www.stockmarketgame.org. Log in and navigate to 'Enter a Trade' under the 'Trade' menu, then select 'Bond Trade'.
The platform offers municipal, corporate, and treasury bonds of investment grade (BBB or higher). You can search by clicking 'Search for bonds' for corporate bonds (e.g., Microsoft), municipal bonds by state, or government bonds.
Click a bond symbol for more information. Each registered bond has a unique QIP number (Co for corporate, Mu for municipal, Tr for treasury). You can sort bonds by columns like 'next payment date' to find coupon payment dates within your game session.
Corporate and municipal bonds are traded in $1,000 increments, while treasury bonds are in $100 increments. To buy, select 'buy', enter the bond prefix and QIP, then 'validate bond'. Enter the amount (e.g., $1,000 for municipal), 'preview bond trade', confirm details, enter your password, and 'confirm bond trade'.
Bond trades execute at the end of the business day. Trades entered during market hours appear in 'pending orders' and execute at day's end. Trades outside market hours execute at the end of the next business day. Transaction records are available in 'transaction notes' after execution.