Congrats to first year Business student Luc MacKay for making an incredible 429.86% return on his investment in the CMC Markets UC Trading Challenge.
Hosted with the UC Investment Society and UC Business School, this annual competition gives students the chance to put their investment strategies into practice via the CMC Markets online trading platform.
Over 200 teams battled it out in real-world financial markets over four weeks and used a virtual fund of $250,000 to test their knowledge and trade for the best returns.
Luc said “the contest seemed like a great opportunity to expand my trading knowledge. I didn’t expect to win because others were taking a much more aggressive approach. Surprisingly, I wasn’t even on the leader board two days before the competition ended.”