How paper trading works on Foreseez

A paper account is one virtual cash ledger per user. It starts at $10,000. There is no reset. Fills, cash, and positions are public on your track record. The point is not a private sandbox. It is a record you can be judged on.

The ticket

On an event desk the paper ticket sits on the right on a large screen and in a trade island on a phone. You pick Yes or No, Buy or Sell, and a size. Buys are in dollars. Sells are in shares you already hold. The preview walks the displayed book. The fill walks a fresh book at click time. If the live fill slips from the preview, Foreseez tells you.

What a fill is

A fill is an executed paper market order. The price is the volume-weighted average of walking the venue book. You do not pick a limit. If the book cannot fill the size, the trade is rejected. Virtual dollars move. Shares appear in the position. A public receipt is written.

Closing and settlement

Selling shares you hold walks the other side of the book back to cash. When the venue resolves the market, winning shares pay $1 and losing shares pay $0. A documented 50/50 resolution pays $0.50. Settlement is a cron job, not a button. You do not have to be on the page.

• You must be signed in, with a claimed username, to fill.
• Markets that are not accepting orders reject the ticket.
• An empty book cannot fill. Wait for depth.
• Virtual dollars only. This is not a real-money exchange.