(NEW YORK CITY, NY) – CapitalWave, a leading provider of training solutions for the capital markets and finance community, today announced the University Trading Challenge, a realistic Capital Trading competition designed for Undergraduate and Graduate students seeking degrees in Finance and Economics.
The challenge starts on Monday November 1st, 2011 in which students must tackle three distinct challenges and demonstrate their aptitude for consistently picking and executing trading strategies. All teams entering the competition will use Capital Wave’s trading software for each challenge:
• Long Term Trading Challenge
• Short Term Trading Challenge
• Case-study Challenge
“The finalists will faced with trading in one of the most sophisticated Capital Market simulations in the world, and required to present their trading strategies and conclusions before a panel judges. This is truly a challenge for tomorrow’s trading champions,” says Bryant Nielson, Managing Director of CapitalWave
The Long Term Trading Challenge will occur over 30 days using the CapitalRNTS (Real News Trading Simulation) with a base portfolio consisting of equity, fixed income contracts, Forex, metals, Agra’s, and index contract valued based on opening prices recorded by global exchanges. The purpose of the competition is to have the teams focus on the impact of news at how it relates toward the price volatility of various instruments.
The Short Term Trading Challenge will take place in Coventry University’s Trading Center in London over a one day period using the CapitalCMS (Capital Market Simulator).
In the The Case Study Challenge, students will receive a case-study based on modern market conditions from which they will have to formulate a financial strategy. The conclusion must be presented to a panel of judges.
Each school can enter up to 1 graduate and 1 undergraduate teams with 4 students per team. Teams are each allowed a 5-day Practice Round before starting the 30-day Challenge.
“The 2011 University Trading Challenge is a perfect proving ground for students to test their skills using industry leading trading simulation software, while also creating a prime opportunity for industry firms to find new talent,” says Bryant Nielson.
The championship will take place at University Trading Championship Hosted by Coventry University at their London Campus in December 2011. The university is the first in the world to implement CapitalWave’s industry leading simulation platform on its London campus.
To register for the competition click here
CapitalWave is an innovate training company specializing in “Instructor-led-training” for the financial markets and delivering “technical solutions” for the corporate learning & development markets.
In addition to delivering courses in Equity Fundamentals, Fixed Income programs, Investment Management, Investment Banking, Forex, Commodities & Energy, Wealth Management, Risk Management, Asset & Liability Management, CFA programs and more. CapitalWave is also a leading creator of simulations for the financial markets. The company is headquartered in New York.
In the University Trading Challenge two simulation tools will be used:
CapitalCMS is a highly engaging Capital Market Simulator (CMS). Built on modern architecture, and the only training platform using broker ladders, CapitalCMS is able to emulate real trading under a tightly controlled environment in both open and closed training facilities.
The Real News Trading Simulation (RNTS) or CapitalRNTS, is an interactive and dynamic Investment Simulation designed to get delegates to understand the role of news in investment and portfolio decisions. Teams are organized from participants in the program/class and are allowed to strategize and invest in the limited but strategically important securities for the duration of the simulation.
For more information, please visit www.capitalwave.com
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