Professor Scott-Quinn Hosts Alumni Event in Mumbai

Tesco has announced the acquisition of Booker for a total of £3.7 billion, aspiring to create a juggernaut in the food industry.

Momentum trading is a popular strategy in the commodity futures markets. The idea is simple. Suppose that an investor wants to invest in the first nearby contract of several commodity markets, e.g. crude oil, live cattle and gold. At the end of each month, the trader ranks these assets according to their past return performance, observed over a measurement period of 12 months for example, from the top performing asset to the bottom performing asset. The investor opens a long position in the first nearby of the markets that performed well and a short position in the first nearby of the markets that underperformed. These positions are held throughout the next month. This strategy has performed historically well historically and has attracted the interest of investors.

Students from The Willink School in West Berkshire took first place in the ICMA Centre's first Sixth Form Trading Competition held on Tuesday 10 July 2012.