CHICAGO, Sept. 13,
2023 /PRNewswire/ -- CME Group, the world's leading
derivatives marketplace, today announced registration
is now
open for the 20th annual CME
Group University Trading Challenge, which will be held
from Sunday, October 1 to Friday, October
27. Interested students must register by 5 p.m., CT, on Thursday, September 28,
and are encouraged to familiarize themselves with the
challenge rules, as well as brush up on their market knowledge,
through the wide range of resources available at the trading
challenge portal.
Through this educational hands-on trading
challenge, undergraduate and graduate students from colleges
and universities around the world will be competing on student-lead
teams, or in cooperation with a faculty advisor, to see
who can best manage a variety of environmental, economic and other
marketplace risks to protect their mock investment
portfolio.
During the month-long competition, students will experience
the energy, excitement, disappointments and daily challenges of a
real-world trading environment on a simulated,
professional trading platform provided by CQG. They will
also receive education, market-related data and news,
including live updates from Dow Jones newsfeeds and The
Hightower Report, that will test their abilities to evaluate and
react to changing market dynamics in real-time.
"As we celebrate the 20th anniversary of our
University Trading Challenge program, we are extremely proud of the
role we play in educating up-and-coming professionals on the
significant impact risk management can have on the economy, as well
as on businesses and individuals globally," said Anita Liskey, Global Head of Brand Marketing and
Communications at CME Group. "Through this engaging and competitive
trading simulation, thousands of students around the world have
been able to compete against each other, while learning about
futures markets and the importance of hedging."
More than 500 teams of nearly 2,000 students from
23 countries participated in last year's University
Trading Challenge, with the winning team coming from Mexico's Universidad Anahuac UG.
CME Group is committed to educating the next generation of
finance professionals on the significance of global
derivatives markets and risk management. In addition to interactive
events like the University Trading Challenge, CME Group also
partners with other industry organizations to
offer broad educational tools, such as Futures
Fundamentals, a one-stop educational resource that explains the
role of futures markets in everyday life. The goal of the site is
to make financial education an engaging experience for anyone,
regardless of how well versed they are in the world of finance.
About CME Group
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex® platform, fixed
income trading via BrokerTec and foreign exchange trading on the
EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and, E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe
LTD and EBS Group LTD, respectively. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group