graduate as well as high potential undergraduate University students.
can be comprised anyway that students and faculty organize. For example, a
team may be comprised of just undergraduate student and another team of
graduate students. A Team must consist of 3-4 students.
Team Member must be a currently enrolled in an undergraduate or graduate
program at the time of the competition.
will be evaluated for their strategy as presented to the judges and outcomes
based on net value of their portfolio at the close of November 15, 2013.
Markets Trading Competition
teams invest $1 million at the start of the competition, trading each day
until the end of the competition, and closing all positions before the market
close on the last day of the competition. Winners will be determined by their
final cash position.
Platform: ThinkorSwim Trading account provided by TD Ameritrade
Cash Position: $1 million
stocks, options and futures only, excluding F/X trading, penny stocks,
and OTCBB/Pink Sheets.
Hours: There are no limits on trading hours
Concentration: No single security or cash should represent more than 20%
of a team’s portfolio.
Each team will close out their positions from 3pm to 4pm on Friday
November 15, 2013. Teams will be evaluated on their final cash position.
A daily report will be sent out each
day to the teams…
way we will know who is winning
will let us know who breaks a rule. You will receive a warning the first
time on your first infraction. Each infraction after will come with a
$10,000 penalty, plus any gains from those trades will be removed from
the account. Any losses incurred from a trading infraction will remain
with the account in addition to the $10,000 penalty.
team must submit a description of their strategy and evaluation of their
progress by November 8. The 3 teams with the most compelling and well
justified strategies will be will be invited to present at the investor
summit. Teams may utilize their Faculty Adviser as resources, but may not
enlist the help of any other professionals in preparing or evaluating the
presentations. Each presentation can include the use of PowerPoint or other
presentation software. The teams cannot hand the judges any printed material
before/after the Presentations. All Presentation material must be submitted
prior to November 15. Only Team Members may participate in the Presentations.
Each Presentation must be in English. Each Presentation is limited to 10
minutes, however and additional 5 minutes will be provided to answer
questions posed by the Judges
to Publication of Ranking and Results
to the contest constitutes permission by the Sawyer Business School and TD
Ameritrade to post the university’s and trader’s information, including,
without limitation, name, performance and relative ranking, and images on
their respective websites and to use all information for purposes of
advertising and promotion without compensation to the universities or
Use of Contest for Promotional Purposes
shall not, either alone or in concert with others, use their participation in
the contest for promotional purposes unless approved in advance in writing by
Suffolk University/TD Ameritrade Capital Markets Trading Competition. If a
contestant violates this provision, the contestant may be disqualified from
competition in the contest for future. If determined by Suffolk University to
be in violation, the contestant agrees to pay all legal fees and damage
incurred including those to enforce this provision.
Cancellation, Acceptance and Removal
Suffolk University/TD Ameritrade Capital Markets Trading Competition reserves
the right to modify the contest terms, to postpone the contest commencement
date or to cancel the contest if, in its sole discretion, it determines that
such action is reasonable and necessary. Suffolk University Capital Markets
Trading Competition may reject any contestant’s application for any reason.
Furthermore, The Suffolk University/TD Ameritrade Captital Markets Trading
Competition has the right to remove or bar any contestant from the contest
for any reason in its sole discretion, including, without limitation, barring
any contestant who would or might: bring disrepute to the contest; or who has
violated any rule, law or regulation pertaining to futures trading; or has
attempted to benefit from any collusive or other trading irregularity.
Suffolk University’s Capital Markets Trading Competition will review and
monitor all participants throughout the contest in the interest and fairness
of all participants. Minimum participation required; we reserve the right to
cancel the contest if minimum participation is not reached. In the event that
the contest is cancelled no prizes will be awarded. Suffolk University
reserves the right to cancel the contest at any time and will make honest
efforts to notify all contestants.