.jpg)
- Jamal Al Khadhar: “The competition achieved remarkable popularity amongst students of schools and universities in the UAE and beyond and it underlines DFM’s belief in the importance of promoting financial knowledge and sharpening skills of new generations”
Dubai Financial Market (DFM) today announced that the 15th round of the Annual Trading Game for students, the most popular educational competition amongst school and university students in the UAE and beyond, will run between 11 and 25 April 2017. The competition underlines DFM’s commitment to promote financial knowledge and sharpen the skills and capabilities of the newer generations, as well as help students to link their academic knowledge with the practical side of the capital markets.
It is noteworthy that registration is open until 4 April 2017.
Each contestant will receive a virtual AED one million to buy and sell shares listed on DFM and Nasdaq Dubai, based on live prices displayed through the electronic website during trading hours. The winners of the competition will be those who achieve the highest virtual returns. The top player will receive a cash prize of AED 15,000, while second place wins AED 10,000 and third place AED 5,000. Each winner between 4th-13th places will receive AED 1,000. Additionally, the educational institution with the largest number of participants as well as students conducting the largest number of transactions, with a minimum of 20 transactions, will be honored during the closing ceremony of the competition
DFM is collaborating with educational institutions to explain how the competition works to students and their supervisors through a series of workshops. These workshops play a pivotal role in attracting growing number of participants yearly.
Jamal Al Khadhar, Executive Vice President, Head of Human Resources and Strategic Planning Division of DFM said: “Since its launch in 2003, the DFM Stock Game has been achieving tremendous success as it enables students showcase their skills within an interactive environment. The competition has gained astonishing popularity amongst students of schools and universities in the UAE and beyond. It underlines DFM’s deep-rooted belief in the importance of promoting financial knowledge and participating in sharpening the skills of new generations through numerous initiatives in cooperation with educational institutions. The Annual Trading Game is one of our leading initiatives as we are motivated to play an active role in nurturing a knowledgeable generation in the financial markets and investment sector. The competition enables students to gain knowledge and display their skills as well as test their academic knowledge in a virtual trading environment. We are committed to organize this competition annually due to its constant success as a key educational element in many schools and universities.”
