TD Ameritrade U encourages students to build
market knowledge and test their skills in this year’s virtual
trading competition
TD Ameritrade, Inc.1 invites college students nationwide to
compete in the second-annual thinkorswim® Challenge. Students can
register to participate in the simulated trading competition, which
is designed to help teach the next generation of investors about
engaging with the market. Prizes will be awarded to participants
and their schools based on the performance of their virtual trading
portfolios over a four-week time frame beginning October 12,
2015.
“The next generation of investors may be savvy technology
natives, but our research shows that when it comes to investing and
the markets, they aren’t so sure,” said Nicole Sherrod, managing
director of the trader group at TD Ameritrade. “The thinkorswim
Challenge is a great opportunity for students to put what they’ve
learned to the test and, at the same time, build confidence and
gain valuable experience that they will be able to use for the rest
of their lives.”
The thinkorswim Challenge is offered through TD Ameritrade U, an
award-winning2 educational program for professors and college-run
organizations that provides free access to virtual trading through
thinkorswim desktop and mobile – both of which are recognized as
industry-leading technology for sophisticated traders.3
“We’ve worked to develop a program that helps students prepare
to enter the real world of personal finance by giving them the
ability to put financial theory into action,” adds Sherrod. “Last
year’s winning team turned a 213% profit in just four weeks. We
can’t wait to see what this year’s students bring to the
Challenge.”
Accepting the TD Ameritrade U thinkorswim Challenge
To participate, teams made up of three to four individuals who
are students at the same postsecondary educational institution must
register at www.thinkorswimchallenge.com. The competition is open
to the first 2,000 teams who register. Registration is now open and
closes on Monday, October 5, 2015, at 11:59 p.m. EDT. The four-week
competition officially kicks off on October 12, 2015, and runs
through November 6, 2015.
thinkorswim Challenge teams are responsible for managing one
portfolio during the entire competition and will do so by placing
qualifying trades during each trading week. Prizes will be awarded
weekly to the top team with the highest percentage gain in the
aggregate value of their portfolio at the end of each trading week.
At the conclusion of the competition, an additional prize will be
awarded to the three teams with the highest percentage gains in
their portfolios overall and to their respective schools.
Individual prizes include iPads, Amazon gift cards, up to $3,500
deposited into a TD Ameritrade brokerage account, and up to $30,000
for the schools. The team with the most achievement badges at the
end of the competition will get $500 for each team member deposited
into individual TD Ameritrade brokerage accounts.
For more information about TD Ameritrade U or the thinkorswim
Challenge, including the official rules regarding eligibility and
prizes, visit www.tdameritradeu.com or
www.thinkorswimchallenge.com. For competition updates, follow
Nicole Sherrod on Twitter, @TDANSherrod, or follow TD Ameritrade U,
@TDameritradeu, and like TD Ameritrade U on Facebook. You can also
join conversations about the thinkorswim Challenge using
#TOSChallenge.
For the latest news and information about TD Ameritrade, follow
the Company on Twitter, @TDAmeritradePR.
The paperMoney® application is for educational purposes only.
Successful virtual trading during one time period does not
guarantee successful investing of actual funds during a later time
period as market conditions change continuously.
NO PURCHASE/BROKERAGE ACCOUNT NECESSARY TO ENTER OR WIN. A
PURCHASE/ACCOUNT WILL NOT INCREASE YOUR CHANCES OF WINNING. This is
a simulated trading competition. Software download (via mobile app
or desktop), Internet access, & use of a valid paperMoney®
account are required to participate. Contest consists of 4 trading
weeks, each beginning at 8:00:00 am ET & ending at 11:59:59 pm
ET: 10/12-10/16/15; 10/19-10/23/15; 10/26-10/30/15; and
11/2-11/6/15. Open only to registered teams of 3-4 individuals who
are each a legal resident of any 1 of the 50 US or DC & age of
majority+ as of the date of registration & all enrolled at the
same post-secondary educational institution located in any 1 of 50
US or DC. Registration begins at 11 am ET on 9/8/15 & must be
completed by 11:59pm ET on 10/5/15. PARTICIPATION IS LIMITED TO THE
FIRST 2000 TEAMS TO COMPLETE REGISTRATION. Normal Internet access,
data, & usage charges may apply. Void where prohibited by law.
SUBJECT TO FULL OFFICIAL RULES.
The team with the highest P/L during each trading week will be
the potential weekly winning team, subject to verification. ARV of
each weekly prize: $500 per winning team member. Total value of all
weekly prizes: between $6000 & $8,000 (depending on # of
winning team members). At the end of the contest, the teams with
the 1st, 2nd, & 3rd highest P/L percentage over the entire
contest period will be eligible for prizes. ARV of 1st prize:
$3,500 per team member & $30,000 gift to winning team's school
(total 1st prize ARV between of $40,500 & $44,000 depending on
# of members). ARV of 2nd prize: $2,400 per team member &
$20,000 gift to winning team's school (total 2nd prize ARV between
$27,200 & $29,600 depending on # of members). ARV of 3rd prize:
$1,100 per team member & $10,000 gift to winning team's school
(total 3rd prize ARV between $13,300 & $14,400 depending on #
of members). At the end of the contest, the team that earned the
most badges will be eligible for a prize. ARV of most active team
prize: $500 per winning team member (total most active team prize
ARV between $1,500 and $2,000 depending on # of members). Total ARV
of all prizes: between $88,500 & $98,000 (depending on # of
members). Individual cash prize amounts will be deposited into an
individual, non-IRA TD Ameritrade standard brokerage account.
TD Ameritrade's normal commissions, service fees, &
exception fees apply. Funds may be withdrawn from a
TD Ameritrade standard brokerage account free of charge,
pursuant to TD Ameritrade's regular business practices and
policies. If not already a registered account holder, winner must
apply & be approved for an individual standard brokerage
account. Account must be opened within sixty (60) days of the end
of the Contest Period. More information about TD Ameritrade's
standard brokerage accounts is available here. More information
about TD Ameritrade's pricing and fees is available here.
Apple and Amazon.com are not participants in or sponsors of this
promotion. Sponsor: TD Ameritrade Services Company, Inc., 200
S. 108th Avenue, Omaha, NE 68154.
Each Amazon.com Gift Card (“GC”) prize is subject to the terms
and conditions of Amazon.com. For complete terms and conditions,
see www.amazon.com/gc-legal. Except as required by law, Amazon.com
GCs cannot be transferred for value or redeemed for cash. GCs may
be used only for purchases of eligible goods on Amazon.com or
certain of its affiliated websites. GCs are issued by ACI Gift
Cards, Inc., a Washington corporation. All Amazon ®, ™ & © are
IP of Amazon.com, Inc. or its affiliates. No expiration date or
service fees. TD Ameritrade and Amazon.com are separate and
unaffiliated companies and are not responsible for each other’s
policies or services.
TD Ameritrade is not responsible for Apple policies or
merchandise. Apple, Inc. is a separate, unaffiliated company and is
not responsible for TD Ameritrade services and policies. Apple is a
registered trademark of Apple, Inc.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment
advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD)
technology, people, and education to
help make investing and trading easier to understand and do. Online
or over the phone. In a branch or with an independent RIA.
First-timer or sophisticated trader. Our clients want to take
control, and we help them decide how – bringing Wall Street to Main
Street for more than 39 years. An official sponsor of the 2016 U.S.
Olympic and Paralympic Teams, as well as an official sponsor of the
National Football League for the 2014, 2015, and 2016 seasons,
TD Ameritrade has time and again been recognized as a leader
in investment services. Please visit TD Ameritrade's newsroom
or www.amtd.com for more information.
Source: TD Ameritrade Holding Corporation
1. Brokerage services provided by TD Ameritrade, Inc.,
member FINRA (www.FINRA.org) /SIPC (www.SIPC.org)
2. TD Ameritrade U wins "Special Achievement – Educational
Initiative" for bringing trading to the classroom, 2015 Benzinga
Fintech Awards.
3. StockBrokers.com, Best Broker Trade Platforms & Tools
2015, Feb. 16, 2015.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150908005646/en/
TD Ameritrade Holding CorporationFor Media:Beth Evegan,
201-369-5930Communications & Public
Affairsbeth.evegan@tdameritrade.com@TDAmeritradePRorFor
Investors:Jeff Goeser, 402-597-8464Investor Relations &
Financejeffrey.goeser@tdameritrade.com
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