At the end of last year, an Ismaili student in Montreal, Amyn Damji, finished 2nd place in all of Canada for the stock exchange competition.
he Options Trading Simulation and the Canadian Derivatives Exchange Scholars Program were launched in February 2012 as part of Montréal Exchange (MX)’s financial education initiatives. These programs were created to support university finance students interested in learning about derivatives products, as well as to reinforce MX’s position as the centre of excellence for derivatives in Canada.
The Options Trading Simulation has grown significantly from the initial seven participating universities in Québec to today’s participation level of 19 universities in five provinces*. There are almost 800 teams registered, which is an increase of 367% compared to last year’s event.
The 3rd edition of the contest ended on November 29, 2013. The three winning teams have respected the mandatory components while accumulating the best return:
- Samuel Brière from HEC Montréal (QC) received the 1st prize of $10,000 with a total return of 256%;
- Javier Hernandez-Cotton and Amyn Damji from Concordia University (Montréal, QC) received the 2nd prize of $5,000; and
- Daniel Rokhvarger from Ryerson University (Toronto, ON) received the 3rd prize of $2,500.
Very informative website.
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