Test your trading skills and sign up for the Intercollegiate Capital Markets Trading Competition and Investor Summit.
The competition is open to teams of 3-4 undergraduate or graduate students who are currently enrolled in a college program. It will take place November 1-15 in the trading room on the fifth floor of the Sawyer Building. It’s being hosted by the Center for Business Complexity and Global Leadership, Finance Department, and TD Ameritrade.
You’ll be trained to use TD Ameritrade’s thinkorswim trading platform, which simulates the real-world market. Then you’ll have two weeks to develop the most compelling strategy and make the most money.
Email TDAUniversity@tdameritrade.com with any questions.
October 31: Training Sessions
November 1: Competition Launch
12pm: Team Registration
1pm: Account set up
3pm: Official Competition Launch
November 15: Capital Markets Trading Competition
3pm: Teams Close positions
5pm: Key note/Awards
6pm: Reception/Investor Summit
All teams invest $1 million at the start of the competition, trading each day with the thinkorswim trading platform until the end of the competition, and closing all positions before the market closes on November 15.
- Stocks, options and futures only, excluding F/X trading, penny stocks, and OTCBB/Pink Sheets.
- There are no limits on trading hours
- No single security or cash should represent more than 20% of a team’s portfolio.
- Your team must submit a description of your strategy (and any presentation material) by November 7. Selected teams will be invited to present on the final day of the competition. You can use your faculty adviser as a resource, 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. Only team members may participate in the presentations. Each presentation must be in English and is limited to 10 minutes. An additional five minutes will be provided to answer questions posed by the judges
- You'll 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.
Judges will evaluate your strategy and net value of your portfolio at the close of November 15, 2013.
The Awards Ceremony and Investor Summit will be held from 4:30 p.m. until 7:00 p.m. on November 15. Keynote speaker JJ Kinahan, TD Ameritrade's chief derivatives strategist, managing director, and NYSE board member, will discuss the evolution of trading strategies as they become more and more accessible to individual investors. It's also a chance to network with investors and partners, investment faculty, and student investors. RSVP online.
Consent to Publication of Ranking and Results
Entry 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 contestants.
Prohibited Use of Contest for Promotional Purposes
Contestants 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.
Postponement, Cancellation, Acceptance and Removal
The 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 Capital 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, entry fees will be refunded and 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.