Last month Poonam Heda, Aashna Singhal and Chimezie Uzoigwe, three bright MFRE students finished successfully the CME’s Trading Challenge with an outstanding return. They started trading with a virtual amount of $500,000 USD from October 6th to November 1st. In four weeks, they traded every day with the goal of generating as much profit as possible and not surprisingly, the results were high and positive.

In just one month, they managed to make $45,000 in returns with 52 trades in total. In just one month, they managed to achieve 9% return over the initial balance. Trading mostly derivatives of metals and equity indexes, they managed to increase the value of their portfolio in no time.

In the midst of midterms, assignments, projects and presentations, these students managed to dedicate some time to trade commodities and get positive results. Even for extracurricular activities, this cohort has shown great capability in both, academic and practical activities. Congratulations Poonam, Aashna, and Chimenzie!

To read more about the CME trading challenge click here.

Photo by Duncan McHugh.