
Borsa İstanbul Derivatives Market (VIOP) launched the second online virtual trading competition on December 3, 2014 in order to increase the market awareness of the participants and provide a better understanding of the derivatives contracts. The trading game will run till December 31, 2014 and the winner of the game will win a trip to International Derivatives Expo. While the first trading game allowed players to trade only futures contracts, with the new competition players will also have an opportunity to trade option contracts.
As the first one, the new competition is held on VIOPS, a web-based derivatives trading environment. Via trading game, players can trade both futures and option contracts available on VIOP and be able to measure their portfolio performance.
During the game, players can trade without any limitations as long as they have enough collateral. Margin requirements will be determined according to the SPAN-Like methodology developed by Borsa Istanbul specifically for the competition.
Each player receives a virtual TRY 100,000 to build an investment portfolio and 3 traders who build the most valuable portfolios as of December 31, 2014 will win prizes stated below.
Prizes
First prize: Free pass to International Derivatives Expo June, 2015 including transfer and accommodation expenses
Second prize: Tablet PC
Third prize: Tablet PC
Prize of the Winner of university students category*: Tablet PC
*If there is no university students in the first three prize winners.
To sign up, visit http://viops.borsaistanbul.com