Baruch Students Earn Six of Ten Placements in University Currency Trading Contest

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New York, NY - May 25, 2012 - Business students from Baruch College earned six of the top ten spots in the 1st Annual University Currency Trading Contest, which was sponsored by FXCM Inc. (NYSE:FXCM) and Texas A&M University.

Baruch students Bundeep Nanda, Evgeny Kerdman, Mathew Leong, Nelson Mejia, Fuxin Zheng, and Weiwei Shi finished in the Top 10. Bryce Moody of Texas A&M was the grand prize winner, earning a $10,000 tuition scholarship awarded by FXCM.

Students studying macroeconomics, international business, or who just have an interest and opinion on the U.S. dollar applied their knowledge and skills during a four-week period in an educational and fun environment. There were 155 students from five schools who participated in the competition, which ran from February 27 to March 30. In addition to Baruch College, competing schools included Texas A&M, Western Texas A&M, Calvin College and Hofstra. Participating students had the chance to learn more about the global forex trading market by trading with a practice FXCM forex trading account.

“FXCM hopes all students had fun and learned a lot about the currency markets during the contest. We hope students had the chance to enhance their trading skills, learn fundamentals and technical analysis and apply what they have learned in class.  Our ultimate pleasure is seeing a student walk away with a scholarship towards their education,” said Sameer Bhopale, Chief Marketing Officer at FXCM.

Baruch students earned 6 out of the Top 10 placements in the 1st Annual University Currency Trading Contest.

 

Student Equity (score) Place
Bundeep Nanda    65,894.46     2nd place
Evgeny Kerdman 61,995.47          4th place
Mathew Leong 60,243.17    6th place
Nelson Mejia 59,476.30         7th place
Fuxin Zheng 59,026.20 9th place
Weiwei Shi  ?? 58,172.41  10th place

 

MEDIA CONTACTS:

Manny Romero, (646) 660-6141, manuel.romero@baruch.cuny.edu

Mercedes Sanchez, (646) 660-6112, mercedes.sanchez@baruch.cuny.edu