VALPARAISO, CHILE, November 13, 2008
/24-7PressRelease/ -- The Top Trader competition, run in association with student networking site uuni, invites university students across the globe to trade real, live market prices with play money and compete for large cash prizes. The Spring competition saw huge numbers of participants, from the UK, India, Switzerland, Singapore, USA and Canada among others, making it a resounding success.
Alex Zhang, a Chinese student at the National University of Singapore (NUS), with no previous financial trading experience, emerged triumphantly as the number one trader, making the most 'profit' and taking home the first prize. "This is the first trading platform I've used so I'm really excited to have won," he says. "I'm going to use my winnings to pay my school fees and travel; I think I might also use some of my money to trade on gnuTrade again!"
Students who are keen to join or learn more about the current competition should visit the Top Trader website uuni.gnutrade.com. Also, gnuTrade regularly runs trading competitions and would like to hear from organisations and universities which are interested in running a trading competition of their own.
With its unique game-like trading screen, gnuTrade is the only financial gaming company that offers simulated trading and play money competitions on live market prices, to give a real measure of trading success. Competitors are given an initial budget of 10,000 'gnus', a virtual trading currency, which they use to trade on real-time, live stock indices (e.g. FTSE 100, DOW, NASDAQ), currencies (e.g. GBP, YEN, EURO), commodities (e.g. oil and gold) and bonds (e.g. Bond 30, Bund 10).
gnuTrade also offers real money trading for people with any level of financial experience, including new ways to bet on markets.
Lieven Van Marcke, managing director and founder of gnuTrade, says: "Recent changes to our platform design means our Trader Screen is even more user-friendly and appealing to novice traders as well as experts. The screen is especially popular among students and people who are learning to trade because it offers live, practice trading with play money, a live chat helpdesk and animated shapes and characters which make trading easy and more fun."
Anyone who is interested in experiencing virtual trading with gnuTrade's groundbreaking platform can access a free play-money guest account, with no sign up, at http://www.gnutrade.com.
Notes to Editors:
• The Top Trader student trading competition is run by gnuTrade (www.gnutrade.com) in association with uuni (www.uuni.com) - the first online community exclusively for students at the world's leading universities and business schools. Owned and managed by City&Law, the uuni site connects high-flying students from around the world for academic, career and social networking.
• gnuTrade (pronounced 'noo trade') is the first financial gaming site to use striking graphics to represent the live global markets. This means that price movements are easy to follow and players gain a better, more enjoyable trading experience. The site offers novel, simple ways to bet on the markets or other players and clear trading guides for those who are new to trading or want to improve their skills.
If you would like more information on gnuTrade, or would like to discuss news and feature angles and future competition ideas, please contact:
Manisha Israel (manisha@gnutrade.com; Tel +44 7982 454001) or
Kam Mander (kam@gnutrade.com; Tel +44 7930 317170).
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