DFM organises its annual Stock Game for students next month

DUBAI, 30th March, 2017 (WAM) -- Dubai Financial Market (DFM) announced on Wednesday 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 11th and 25th 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. Registration is open until 4th 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 AED10,000 and third place AED5,000. 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.'' '' 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 organise this competition annually due to its constant success as a key educational element in many schools and universities," he added.