Annual Portfolio Competition Reaches It's 10th Year
The TradingPlaces Portfolio Competition - a free of charge, real-time stock market investing simulation available to all undergraduate students - is proud to celebrate their Tenth anniversary.

SYDNEY, AUSTRALIA, July 20, 2011 /24-7PressRelease/ -- The TradingPlaces Portfolio Competition - a cost-free, real-time stock market trading simulation available for all undergraduate students - is very pleased to celebrate their 10th anniversary.

In its 1st 12 months this contest included 40 college students of the University of New South Wales. This has proved extremely popular and now involves over 8,000 students every year in 37 universities across the country. This makes the TradingPlaces Portfolio Competitions the largest of their kind in the southern hemisphere.

"We came up with the competition because we wanted to make it possible for students to learn about the myriad difficulties dealing with an equities trader and for us to help a continuing educational venture within our field," said Daniel Droga, principal of DCM BlueLake.

"The annual competition permits students to buy and sell in real time, develop strategies, research corporations and understand the mechanics of the stock market," he said. They could create stock watch lists to keep an eye on how they are doing against their fellow classmates. It's competitive and practical, an excellent educative application."

Every TradingPlaces competitor receives a simulated stock options trading account that has a virtual $200,000 account balance, and the option to leverage. They are able to trade as often as they like from the ASX300, providing they adhere to the competition rules. For instance, they are able to only invest up to 25% of their portfolio value in any one business.

Market prices are updated continuously and students are also provided with local and international market changes on a daily basis.

Matthew Bryan, the Competition Coordinator, said Trading Places has three essential educational and vocational advantages.

"First, for a real-time share market competition, it is strongly positioned as an active, challenging, discovery-based learning experience well suited for supllmenting students' financial markets education and learning," she explained.

"Secondly, the prestige as well as scope of this contest as the most significant of its kind in the Southern Hemisphere implies that being involved is an invaluable addition to a student's CV.
Thirdly, the top 1 per cent of entrants get the chance to go for the award ceremony at the corporate sponsor's Sydney office, in which they are able to network with important contacts."

The winners share in in excess of $20,000 winning prize money, with 1st prize being $5,000 plus a holiday offer to New York City supplied by Student Travel.

Recruiters are progressively aware of student involvement in the TradingPlaces Portfolio Competition and also recognise that as a sophisticated contest that provides genuine advantages to young people.

For additional details please contact:
Matthew Bryan - mb@tradingplaces.com.au
Daniel Droga - dd@dcmbluelake.com.au

Press Release Contact Information:

Daniel Droga
DCM Bluelake
Principal
Pitt St
Sydney, NSW
Australia 2000
Voice: 5550505
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