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​NBS student triumphs at regional trading-simulation competition

Published on: 10-Sep-2018

​First-year NBS undergraduate Ericson Thiang outshone many public traders and tertiary students to win the Silver Award in APEX Palm Olein Futures Trading-Simulation Competition 2018. 

Ericson (2nd from right) brought home a cash prize of US$2,500.

The inaugural Asia-Pacific regional competition was held from 9 April to 27 April. Participants had the opportunity to experience trading in real market environment – view market activities, make trades using a virtual capital of $500,000, and manage risk in real time – through APEX’s trading software. 

Ericson is no stranger to such competitions. The 21-year-old undergraduate had also participated in a trading-simulation competition organised by J.P. Morgan earlier this year. 

Despite so, he made sure he did his homework for this competition.

“I started my preparation two weeks before the competition. I read up on macro outlooks on Palm Oil Olein and the recent trends in the market,” he said.

He added, “My past experience has increased my competitive edge. This competition is another good opportunity to hone my skills and I am proud to represent NBS at a regional level.”

Ericson also thanked the school for sourcing such a great competition for the students. 

He said, “It definitely feels great to win but I am more thankful to be given the opportunity. To my fellow NBS schoolmates, my advice is to keep learning and never be afraid to take up challenges.”

The aspiring banker said that he has learnt a lot from this competition and the experiences will come in handy in the future.

“I hope that this victory can bring me one step closer to my dream and enable me to secure internships in the banking industry,” he added.

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