The Hawaii Stock Market Simulation program, which teaches students how the stock market works and how to make wise personal finance decisions, is underway again.

There are currently 1,035 teams comprising 2,361 students and 44 teachers registered in the 10-week spring contest. Teams of two to four students invest in the market with a hypothetical $100,000 portfolio. There are 38 public, private and charter schools and organizations participating from Oahu, Kauai, Hawaii island, Maui and Molo­kai. The contest also runs in the fall.

"The Hawaii Stock Market Simulation provides young students the opportunity to learn about personal finance and the stock market in a very fun and engaging way," said Kevin Ma­tsuda, executive director of the Hawaii Council on Economic Education. "They’re utilizing the concepts they learn from their teachers and setting the framework for their own healthy financial futures. It’s a fun program to offer."

Investing began Monday and will run through April 24. Registration remains open until March 5 for new teachers who still want to sign up. A complete list of all team rankings can be viewed online at hawaii­sms.com.