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Screenshot of a breaking news alert e-mail from Q2 2017
CME Group (NASDAQ: CME) is set to begin it’s 2016 version of their trading challenge simulator open to university students, trading is set to commence the first of week January. CME Group’s Trading Challenge is a complimentary four-week electronic trading competition where teams of undergraduate and graduate students can trade a variety of CME Group products from multiple asset classes in a simulated trading environment on a real-time professional trading platform provided by CQG.
This annual competition has grown each year – with 226 schools from 37 countries and over 500 teams competing in 2015. The Trading Challenge is a unique chance for students to learn hands-on techniques for trading futures.
Teams are limited to three per school and come on a first-come first-serve basis. Registration for the general student population opens on Monday, January 4, 2016 at 9 a.m. CT. Opening practice round begins on January 11th, and the contest concludes on March 4th. The top 4 teams receive a cash prize and are determined by the final account balance at the conclusion of trading.
- Teams must consist of 3 to 5 members from the same university and each must elect a student leader.
- Teams can participate on a student-led team or in cooperation with a faculty advisor.
- Top ranking students will be eligible for cash prizes and exclusive CME Group experiences.
- Students may only participate on one team during the competition.
- There is no fee to register, and training on the CQG platform will be provided prior to the competition.
The following instruments will be tradable:
Corn Futures, Bursa Malaysia Derivatives (BMD), Crude, Palm Oil Futures, Soybean Futures, Live Cattle Futures, Crude Oil Futures, Natural Gas Futures, Gold Futures, 10-Year U.S. Treasury Note Futures, E-mini S&P 500 Futures, EUR FX Futures.
Check out a video wrap of the 2015 competition here.
For more information on the contest click here.