The CMC Markets University of Canterbury Trading
Challenge has concluded with first-year Commerce student,
Luc MacKay, winning the top prize with an impressive 429.86%
return on investment (ROI).
Hosted in association with
the UC Investment Society and UC Business School, the annual
competition gives students an opportunity to put their
investment strategies to practice with a range of financial
derivative instruments, including cryptocurrencies, gold and
silver commodities, forex and shares via the CMC Markets
online trading platform.
This year’s competition saw
over 200 teams, comprising of individuals or pairs, battle
it out in real-world financial markets. Over four weeks, the
contestants used a virtual fund of $250,000 to test their
knowledge and trade for the best returns.
to the top spot during the final days…