University students around the world can test their trading skills in CME Group’s 14th Annual Trading Challenge next month — and could walk away with $1,500 in prize money and a trip to Chicago.
CME Group, the world’s leading and most diverse derivatives exchange hosts its complimentary, electronic trading competition each year in order to help educate the next generation of global finance professionals. Last year, nearly 500 teams from 200 universities represented 30 countries in the competition. Nanyang Polytechnic from Singapore was the winner in 2016 and Ozyegin University from Turkey prevailed in 2015.
During the competition, teams of undergraduate and graduate students learn hands-on techniques for trading up to 10 different CME Group derivatives products from multiple asset classes on a real-time professional trading platform. Live data and news is also provided to the students free of charge.
Each member of the first-place team receives a cash prize of $1,500, as well as a trip to Chicago for the company’s day of market education. Cash prizes are also awarded down to the fifth-place team, with the top 10 percent of teams also invited to Chicago.
Registration for the competition is now open and will remain open until Tuesday, February 7, at 5 p.m. CST.
For more information, visit cmegroup.com/tradingchallenge.
Students can also try their hand at trading year-round by using the CME Group’s Futures Fundamentals site, an innovative resource that explains the role of futures markets in everyday life.