Does the OTIS system charge commissions for trades?

Yes. OTIS runs just like any real-world trading platform. Each transaction is charged a flat $25 commission. In order to get an accurate assessment of the profit and loss, students need to take that into consideration. A good way to do this is to look at the Positions page from the top-level menu in OTIS. The line items in the Positions page show the profit and loss for each position based on Book Value, which takes into account commission. It is that Book Value number that gets compared to Market Value to arrive at P&L.


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Knowledge@Wharton High School Investment Competitions