Stock Market Challenge 2019
On Monday 24th June, the annual Stock Market Challenge was held at the ICMA Centre. Year 12 students from 10 schools across the UK worked in teams, taking on the role of traders.
Dr Mike Smith, Associate Professor in Finance and 2nd year PhD student Dina Ghanma ran the challenge as students were introduced to the world of investment and finance. Using our custom-built trading simulation software ICTrader, students were able to experience the buying and selling of stocks, whilst analysing news reports.
“The sixth formers had a very steep learning curve, but they coped extremely well. It was also very encouraging to watch them engaging so enthusiastically with the trading process and managing the associated risks sensibly and intelligently”Dr Mike Smith
The winners this year were Leo and Oliver from Brighton, Hove & Sussex Sixth Form College (BHASVIC). They were awarded an iPad each and a trophy for their school.
The runners-up were Arun and Joshua from Woking College, followed by Raheel and Jan from Hammersmith Academy in 3rd place.
“The competitive spirit was alive and well at this year's SMC with our student guests making millions and millions trading equities. It felt like a real trading floor in our dealing room, and I'm confident that some of our ICTraders will go on to become big names in the City one day. Big round of applause to everyone who participated”Dina Ghanma
Other participants included students from Campion School, Charters School, Henley College, Leyton College, Little Heath School, The Abbey School and The Marist School.
Well done to all the students who attended!
View all the photos from the event on our Facebook page.