You can log in as a guest and trade in a practice market by using one of our practice account
names and passwords.
Practice account names are aaa, bbb, ccc, ..., zzz. Use the same three letter string as the
password for these accounts.
You can invest from $5 to $500 in the IEM. There is an additional one-time service charge of $5.00 to activate your account.
If you do not use your account, you may incur fees. If you open an account and the time between your logins exceeds 6 months, you will be assessed a semi-annual inactivity fee. The inactivity fee is $5 or the balance in your account, whichever is lower. This inactivity fee is assessed each January 1 and July 1, based on your previous 6 months' activity. You can avoid inactivity fees entirely by logging in to your account at least once every 6 months. You need only log in; you do not need to execute trades to avoid these fees.
All traders must review the IEM Traders Manual. The manual is available at https://iemweb.biz.uiowa.edu/trmanual/. You can read this manual online, or save a copy by holding down your shift key while clicking on the hypertext address.
Your username will be the email address that you enter in the form. Once you submit the form, a confirmation email will be sent with a link that you will need to click
in order to confirm the email address you have entered. You will not be able to trade without first
confirming your email address.
If you do not receive this confirmation email, please contact the IEM office at iem@uiowa.edu or call (319)335-0881.
(Note: Check your junk email address folder!)
Print two copies of the account confirmation page: one for your records and one to send to the IEM
Office. The confirmation page will appear on your screen after you fill out the registration page and
click on the submit button.
Complete the confirmation page and mail it to the IEM Office with your check. After you print the confirmation page write the amount of your initial investment on the initial investment line. Then write a check to "University of Iowa" in the amount of your initial investment PLUS the one-time $5.00 account activation service charge.
(For payment by means other than a check drawn on a U.S. bank for U.S. dollars, click here.)
Mail the printout, together with your payment, to:
IEM Administrator
108 John Pappajohn Business Building
University of Iowa
Iowa City, Iowa 52242
The IEM Office will activate your account within 2 business days after you submit the registration form. You cannot trade until your account is activated.
If you have any questions, contact the IEM Office at iem@uiowa.edu or call (319)335-0881.
Investment deposits must be received by the IEM before a new account can be opened or an existing account credited. Such payments may be transmitted in either of the following ways.
A bank check drawn on a U.S. bank in U.S. dollars.
- Payments by check will generally be credited to the trader's account within one business day of receipt by the IEM. At the option of the IEM, however, credit may be delayed until the check has cleared.
An electronic transfer (also called "wire transfer")
-Payments by an electronic transfer will generally be credited to the trader's account within one business day of notification of a completed transfer.
-The trader is responsible for all fees and charges associated with wire transfers.
-For the information necessary to complete a wire transfer (bank name, account number, etc.), contact the IEM by email (iem@uiowa.edu) or telephone (319 335 0881)
Other Notes:
- Cash Payments -- Under no circumstances should cash payments be mailed to the IEM. The IEM assumes no responsibility for such payments.
- Payments from the IEM -- All payments from the IEM to the trader in response to withdrawal requests will be made in the form of a check payable to the registered trader, denominated in U.S. dollars and drawn on a U.S. bank. All fees associated with the processing of that check are the responsibility of the trader.