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The Trading Challenge has started! Sign up by TODAY

By

Professor Alex Lau

April 12, 2019

The next earnings seasons will get into full gear in mid-April. Want to test your skills in trading stocks and options during the earnings season, and compete against your fellow Carthaginians? The Carthage Finance and Investment Club is sponsoring a trading challenge which will run through May 8. Seven students have already signed up and started trading; faculty advisor, “The Dragon,” currently sits atop the leaderboard, though he is not eligible for prizes.

Each participant will start with a $1 million paper money account. The rules are simple: There are no trading minimums, and no restrictions on which stock you can trade. You can even venture into options, futures, and spot FX if you wish. In options trading, butterfly and box spreads are not allowed. The account with the most money at the end of the contest wins. There will be a non-cash prize of nominal value from the FIC, but the bragging right would be priceless.

Trading will be done on a production retail platform with live data feeds. All trades are in simulation mode.

If you are interested in participating in the challenge, please email Professor Alex Lau at alau@carthage.edu. You don’t have to be a finance major to participate; anyone affiliated with Carthage can enter. The registration deadline is Friday, April 12.

Students: If you want to learn how to trade stocks, options, futures, and FX, sign up for the trading course (FIN400C-01) this fall. Students of all majors are welcome, and no prior trading experience is required.