Fourth edition of Options Trading Simulation contest kicks off with
record participation
MONTRÉAL, Feb. 3, 2014 /CNW/ - Montréal Exchange Inc. (MX), a
wholly-owned subsidiary of TMX Group Limited and Canada's derivatives
exchange, today launched the fourth edition of the Options Trading
Simulation contest.
The contest is open to undergraduate university students from coast to
coast and engages students in the hands-on experience of trading
Canadian options. The level of participation in the Options Trading
Simulation has grown from seven Quebec-based business schools in the
first edition in 2012 to 28 Canadian universities with over 1,200 teams
competing for $17,500 in prizes. Five universities have now
incorporated the contest into their derivatives education curriculum.
"Our derivatives education initiative continues to broaden its reach
across the country," said Alain Miquelon, President and CEO, Montréal
Exchange and Group Head of Derivatives Markets, TMX Group. "The
increasing popularity of the Options Trading Simulation contest and our
Canadian Derivatives Exchange Scholars Program are very encouraging
signs for the advancement of financial literacy in Canada."
The TMX Trading Simulator, a feature of the TMX Capital Markets Learning
Centre (www.tmx-edu.com) will once again be used in the Options Trading Simulation contest,
which runs from February 3, 2014 to April 4, 2014. For more
information about the contest please visit www.m-x.ca/sim.
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, Natural Gas
Exchange, BOX Options Exchange, Shorcan, Shorcan Energy Brokers,
Equicom and other TMX Group companies provide listing markets, trading
markets, clearing facilities, depository services, data products and
other services to the global financial community. TMX Group is
headquartered in Toronto and operates offices across Canada (Montreal,
Calgary and Vancouver), in key U.S. markets (New York, Houston, Boston
and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
SOURCE TSX Venture Exchange
