National share trading game - can UQ win again?12 March 2009

Won by UQ economics and finance student Ryan Dimes in 2008, the J.P. Morgan Portfolio competition kicks off again at the end of March. With $10,000 up for grabs this year, the competition gives participants the opportunity to trade or invest on a simulated market over an eight-week period. Taking home $7,500 for his win, Mr Dimes said he also came away with a clear career direction. "After winning the competition and learning more about J.P. Morgan I now know I want to work on the trading floor of an investment bank when I finish my degree," he said. Two other UQ students - Greg Burke and Long Nguyen - also made it into the top 10 in 2008. Competition coordinator Ann Kayis said the competition was a sophisticated, challenging, and rewarding stock market simulator. "It gives you a real taste of the life of an equities trader and the exhilaration of the stock market," she said. "The prize money is great but perhaps more valuable is the interest J.P. Morgan takes in the competition's high performers. "Past winners have been accepted into the bank's competitive internship program - a great way to start your career in this fascinating industry." "There will be a practice round from Monday 16 March and the competition proper starts on Monday 30 March." Registrations for the 2009 J.P. Morgan Portfolio Competition close at 5pm on Sunday 29 March. For more details see www.tradingplaces.com.au.
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