1st International FX-Trading-Challenge – Prize: US$ 250.000 AuM
Varengold Wertpapierhandelsbank AG (commercial bank for securities) hosts the 1st International FX-Trading-Challenge. The participants of the challenge compete over a period of 4 months (starting on 1st April 2008 until 31th July 2008) and have the opportunity to trade all currencies offered by the bank by means of a virtual play money account. The participant who realises the highest risk-adjusted interest yield of his play money account during the duration will be nominated winner of the challenge.
The Prize of the challenge
- Your own Managed Account Fund ready for trade (approvals are at hand and legal regulations are met)
- Seed capital amounting to US$ 250,000 AuM (Asset under Management) for the winner to trade
- Bank-based sales support in order to fill the fund with further third party capital
- Varengold Wertpapierhandelsbank AG accepts the costs for the fund placement and its listing
Time of registration is over
The challenge promises to be exciting, because much more participants than expected will participate in the FX-Trading-Challenge. We wish all participants Good luck!
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