Earnings Season Paper Trading Competition

Competition Schedule

Users may register and participate in the competition at any time during the registration and competition period.

Competition Period: 21/4/2025, 9:30 AM (ET) – 6/6/2025, 4:00 PM (ET)

Eligibility

All Moomoo AU users

How to Join Competition

1. Registration

Users may access the landing page and click on "Join Now" to register for the competition.

2. Commencing Your Paper Trading Competition

A competition account will be opened upon successful registration. Participants may access their competition account by navigating to "Discover" > "Paper Trade" within the app, and then proceed to the paper trading competition.

Competition Rewards

1. Leaderboard Rewards

The seven-week competition awards participants based on their final Total P/L% in their competition accounts.

Top 100: Split 1,000,000 points equally, receiving 10,000 points each.

Top 10: Receive a digital certificate.

2. Individual Stock Ranking Rewards

Participants can trade stocks, ETFs, stock options, ETF options, and index options listed on US exchanges. The competition features rankings for seven trending US stocks. Rewards are based on the returns from these stocks during competition periods.

Top 1: Gift stocks valued at US$500

Top 2: Gift stocks valued at US$100

Top 3: Gift stocks valued at US$50

The top three performers in each ranking will be rewarded. The awarded stocks correspond to those listed in the rankings.

Competition Tasks

Reward Description

1. Moomoo points:

Points have no cash value. Points can be used to redeem equivalent goods/coupons in the Points Mall.

Points from Final Rewards are issued within five working days after the competition ends.

Points from Competition Tasks are issued about 10 minutes after task completion.

To view your rewards, go to Me > My Rewards.

2. Stock cash coupons:

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

Stock cash coupons from Competition Tasks are issued about 10 minutes after task completion. To view your rewards, go to Me > My Rewards.

Coupons are valid for use within 30 days of receipt. Expired rewards will not be reissued.

3. Gift stocks:

A securities account is required (For example, if the gift stocks you receive are US stocks, you will need to open a US securities account.)

The number of gift stocks you receive is based on the stock's closing price on the competition's final day. The awarded stocks correspond to those listed in the rankings. Calculation formula: Number of Gift Stocks = Value of Reward / Closing Price on the Final Day.

The gift stocks from individual stock rankings will be credited to your securities account within five business days after the evaluation period concludes.

You will be able to trade them once they arrive. Check your securities account for any updates in holdings, or go to Stock Rewards > Records for details on their arrival.

4. Free Nasdaq TotalView Quote Card

During the event, users can receive Nasdaq TotalView quote cards for free by completing the competition tasks. The card is valid for 7 days from the date of issuance.

Calculation Formula

*Weekly P/L% =(Net Asset Value after Friday's closing bell this week / Net Asset Value after Friday's closing bell last week - 1) * 100%

*Total P/L% = (Net Asset Value after the end of the competition / Initial Net Asset Value of the competition account - 1) * 100%

*Total Return from Individual Stock Rankings = Stock Returns + Returns from Related ETFs + Returns from Related Options Contracts

1. Stock Returns = Market Value of Stocks at End – Market Value of Stocks at Start + Total Sales of Stocks – Total Purchases of Stocks

2. Returns from Related ETF = Market Value of ETF at End – Market Value of ETF at Start + Total Sales of ETFs – Total Purchases of ETFs

3. Returns from Related Options Contract = Market Value of Options at End – Market Value of Options at Start + Total Sales of Options – Total Purchases of Options

Note:

1. Dividends, margin interest, and fees are not included in the total returns from individual stock rankings.

2. Related ETF: TSLL、TSLQ、TSDD、TSLZ、TSLT、TSL、TSLS、TSLI、TSLG、FBL、METU、METD、GGLL、GGLS、MSFU、MSFD、MSFL、NVDL、NVD、NVDQ、NVDX、NVDD、NVDU、NVDG、AAPU、AAPD、AAPB、AMZU、AMZZ、AMZD

Competition Trading Rules

1. Tradable securities: The Competition is limited to trading in stocks, ETFs, stock options, ETF options, and index options listed on U.S. exchanges. For multi-leg options strategy, only covered stock is supported.

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

3. Initial assets: US$100,000 in virtual funds.

4. Margin Trading and Short Selling:

Both margin trading and short selling are permitted.

Initial margin for long stock positions is 50%, with a maintenance margin of 40%; for short stock positions, the initial margin is 60%, with a maintenance margin of 50%.

The margin calculation method in the simulated trading system may not be entirely consistent with live trading; specific margin requirements are subject to the simulated trading system.

The short selling interest is calculated at an annualized rate of 6%, while the margin financing interest is calculated at an annualized rate of 4.8%, collected after the market closes daily.

5. Trading Order Restrictions:

To maintain the professionalism and fairness of the competition, trading of stocks priced below US$1 or stocks from companies with a market capitalization below US$500 million as of the last trading day 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.

The contest is not promoting day-trading or day-trading strategies. Day trading is extremely risky and is not appropriate for an individual with limited resources. limited investing experience, and a low risk tolerance.

6. Corporate Actions:

The competition supports only dividends, stock splits, mergers and code conversions; 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.

7. Matching Rules:

For stocks or options, simulated orders are matched to real trades in the market. Simulated trades can only occur after real transactions. If real transaction volume is less than the simulated order quantity, partial execution occurs, with the remaining simulated order retained in the matching queue. For multi-leg option orders, simulated orders are matched to real market data. Simulated trades can only occur while the last prices of both legs are between the bid price and the ask price.

8. Options Exercise:

Stock and ETF options will be settled into securities, and index options will be settled into cash at the time of expiration. The paper trading system will liquidate the positions in your account when your net asset value falls below the required maintenance margin.

9. 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.

10. Fees:

Trading fees are deducted in the paper trading system. They do not involve any real expenses. No actual costs are incurred.

Commission: $0.0049/share, minimum $0.99/order，maximum 0.5% of the transaction amount

Platform fee: $0.005/share, minimum $1/order，maximum 0.5% of the transaction amount

Settlement fee: $0.003/share

Regulatory fee: $0.000008 * transaction amount, minimum $0.01/order

Trading activity fee: $0.000166/share, minimum $0.01/trade, maximum $8.30/trade (sell orders only)

*For actual investments, please refer to the fee standards in the official trading environment.

11. Prop Cards:

Reset Card: Restore initial virtual funds and clear all historical orders in the selected paper trading account.

Defense Card: Prevent others from viewing positions and transactions of the account within 24 hours.

Disclaimers

By participating in this activity as described above, you are deemed to have agreed to the following terms and conditions of Moomoo AU (the "Organizer"):

1.Reporting Season Paper Trading Competition account is purely a virtual trading account and can only be used for simulating trading challenges with stocks, ETFs, stock options, ETF options, and index options listed on U.S. exchanges；

2.The cash or other assets displayed in the Reporting Season Paper Trading Competition account have no actual value and cannot be withdrawn or exchanged；

3.The content and design of the Reporting Season Paper Trading Competition account are assets of the Organizer, participants are not allowed to alter, modify, adapt, imitate, or otherwise change any part in any way；

4.Participants acknowledge and agree that the Organizer may display or use their user nicknames, avatars, Moomoo App accounts, total returns, holdings, and trading information, as such information relates to the paper trading competition；

5.All transactions conducted through the Reporting Season Paper Trading Competition account are virtual in nature. Instructions entered by participants 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 participants or the company. Securities trading services provided by the company and any rights and obligations related to such services do not apply to virtual trading within the challenge account；

6.Some information displayed in the US Stock Paper Trading Competition 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；

7.The organizer 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. Participants may not object to the organizer's decision;

8.If the organizer believes that a participant has engaged in any cheating behavior, the organizer has the right to cancel the results. If any cheating behavior is found among the top 3 participants, their eligibility for the prizes will be revoked, and the prizes will be offered to the next participant identified in the ranking. If cheating behavior causes losses to the organizer, the organizer reserves the right to pursue legal action;

9.The organizer 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;

10.The organizer is not responsible for any damage or loss caused to participants or any other person's computer due to any form of human or non-human errors, including participation in the contest, instruction input and submission, or notification related to the contest, including damage or loss caused by computer viruses or harmful programs;

11.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;

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

13.If the prizes for this activity are provided by the organizer, their use is subject to the terms and conditions issued by the organizer for the respective prizes;

14.Before redeeming the Stock Cash Rewards distributed in the redemption activities, winners must open a corresponding universal account with Moomoo in the relevant market to receive the corresponding rewards;

15.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;

16.The organizer 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 the organizer, 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;

17.If the activity is not running normally for any reason, such as interruptions or early termination, the organizer has the right to make corresponding adjustments and handle trading operations during abnormal periods. Participants cannot object to the decisions made by the organizer;

18.The organizer 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;

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

20.This promotion does not constitute an offer, solicitation, advice, opinion, or any guarantee of securities, financial products, or tools.

21.The organizer reserves the final decision-making power on any disputes related to this activity;

22.All amounts in the rules for this promotion are in U.S. dollars；

23.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.

24.This offer is limited to one reward per new account, with no more than one account enrolled per person；

25.Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this promotion constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security；

26.If you have any questions, please contact us via "Me"-"Customer Service"in Moomoo APP.