UNC-Chapel Hill students win TD Ameritrade college virtual trading competition, the thinkorswim Challenge

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OMAHA, Neb .– (COMMERCIAL THREAD) – Trading until the closing bell, four students at the University of North Carolina at Chapel Hill (“UNC-Chapel Hill”) achieved a total gain of 127 percent in their portfolio in four weeks, surpassing nearly 2,500 others to win the third annual prize Thinkorswim® challenge by TD Ameritrade, Inc. (“TD Ameritrade”)1. This year’s virtual trading competition had a record number of participants: 726 student teams from 233 colleges and universities in 49 states put their best investment ideas to the test.

The 2016 Thinkorswim challenge took place from October 10 to November 4, 2016 and was open to all students of post-secondary institutions in the United States. . Prizes were awarded to the top three teams with the highest overall winning percentage in their portfolios at the close of the competition, as well as to their respective schools. Awards were also given to teams whose portfolios recorded the highest percentage of overall value gains at the end of each trading week, and to the team that collected the most badges for their trading activity.

“There is no quarterback on Monday morning at the end of the thinkorswim Challenge,” said Steven Quirk, executive vice president of operations at TD Ameritrade. “Experience is often the best educator, which is why our competition is designed to give young people unprecedented exposure to navigating the market amid the real-time events that ultimately influence the performance of their investments. ”

During the competition, students remained bullish on the market as a whole, with 49% of trades bullish and 40% bearish. The rest was volatility games or other transactions.

The first prize goes to Team All for Tony, Tony for All
Team All for Tony, Tony for All of UNC-Chapel Hill won the challenge, placing trades in the final hour of the four-week competition to get ahead of the others and win with a portfolio gain of 127% and a portfolio value of $ 1,133,492. The team consisted of four undergraduates from UNC-Chapel Hill: Alex Bryan senior, a double major in economics and Portuguese; sophomore Nyatefe Mortoo, majoring in business administration; in second year Dhru Patel, a double major in computer science and pre-business; and Grahme Taylor senior, a double major in health policy and chemistry. All for Tony was one of 17 teams from UNC-Chapel Hill to participate in this year’s Challenge.

Each member of the winning Challenge team received $ 3,000 to deposit into their own TD Ameritrade brokerage account. As a school affiliated with the Global Winning Team, UNC-Chapel Hill received $ 30,000 from TD Ameritrade for its role in educating students about the importance of investing.

“Our team had a diverse collection of interests and skill sets, which worked well for us. In fact, by the end of the challenge, we had deployed a four-level strategy to research investment ideas and execute trades, ”said Grahme Taylor, All for Tony team member. “It has been an intense and exhilarating learning experience and those of us who are here next year absolutely intend to do it again.”

Less than $ 13,000 separated the overall winner of the competition from the second-place team, which was Team CattleDrive of the University of Idaho. With its 124% gain and a portfolio valued at $ 1,121,232, the Cattle Drive team grossed $ 20,000 for their school and each team member earned $ 2,000 deposited into individual TD Ameritrade brokerage accounts. . Third place went to OSFI Elite from Truman State University, which resulted in a gain of 90% and a portfolio value of $ 950,568. The team won $ 10,000 for their school, and each team member won $ 1,000 for placing third in the overall contest and $ 500 for winning week four of the contest, deposited into TD Ameritrade individual brokerage accounts.

University of MichiganThe Spartan Capital team won the most badges for their business, acquiring a total of 39 badges during the competition. Each Spartan Capital member received $ 500 deposited into individual TD Ameritrade brokerage accounts for winning the 2016 badge award.

The list of contest winners is below:

Team name Associated school
GLOBALLY

Everything for Tony, Tony for everyone

University of North Carolina

10 Oct-Nov 4

Chapel Hill, North Carolina
Week one

Theta management

Slippery Rock University

10 Oct – 14 Oct

Pennsylvania Slippery rock, Pennsylvania

Second week

LGBT LLC Partners

Wayne State University

17 Oct-Oct 21

Detroit, Michigan
Third week

Texas aggies

Texas A&M University

24 Oct 28

College Station, Texas
Fourth week

OSFI Elite

Truman State University

31 October-Nov. 4

Kirksville, Missouri
Badge award

Spartan capital

University of Michigan

10 Oct-Nov 4

East Lansing, Michigan

Students used options at their highest level
The 2016 Challenge students had a healthy appetite for options early on, which grew over the weeks. In the first week, 77 percent of trades were options, compared to 64 percent of trades at the start of last year’s competition and 45 percent in 2014. In the final week of competition this year, 87 of the trades placed were options, 12 percent were options. stock trades, and less than one percent were ETF trades.

This year, students did more trades in the tech industry than in any other industry. Apple (AAPL) was the most frequently traded stock option and Twitter (TWTR) was the most frequently traded stock.

Similar to last year, 36% of trades in the 2016 Challenge were made via a mobile device, compared to 21% of trades made on mobile by TD Ameritrade clients. The iPhone was the most frequently used mobile device for commerce in the competition.

Bringing financial literacy to life
The thinkorswim Challenge is offered each year through TD Ameritrade U, an educational program for faculty and college-run organizations that offers free access to virtual trading through paperMoney® on the thinkorswim trading platform. TD Ameritrade developed the program in 2014 to help students prepare for the real world of personal finance by giving them the opportunity to put classroom theory into real life investing practice. The company believes that access to advanced investment resources and training is the first step in helping young people develop investing habits that can last a lifetime.

“What’s most important about the thinkorswim Challenge is that students broaden their investment horizons,” Quirk said. “We are happy to reach a new high of participation, but what excites us even more is to see students become more savvy in the market with each passing year.

For more information on TD Ameritrade U or the thinkorswim Challenge, visit www.tdameritradeu.com
Where www.thinkorswimchallenge.com. To receive updates on the Thinkorswim Challenge 2017, interested students and educators can email [email protected]

For the latest news and information on TD Ameritrade, follow the company on Twitter, @TDAmeritradePR.

The inclusion of specific security names in this commentary does not constitute a recommendation by TD Ameritrade to buy, sell or hold.

Past performance of a security, strategy or index is no guarantee of future results or the success of investments. Historical data should not be used alone when making investment decisions. Please consult other sources of information and consider your financial situation and personal goals before making an independent investment decision.

Trading options can involve substantial risk and are not suitable for all investors. Clients should consider all relevant risk factors, including their personal financial situation, before trading. Please read Characteristics and risks of standardized options before investing in options.

The thinkorswim challenge is subject to the full official rules available at www.thinkorswimchallenge.com.

The paperMoney® software application is for educational purposes only. Success of virtual trading for a period of time does not guarantee successful investment of real funds in a subsequent period, as market conditions are continually changing.

Source: TD Ameritrade Holding Company

About TD Ameritrade Holding Company
Millions of investors and independent registered investment advisers (RIAs) have turned to TD Ameritrade (Nasdaq: AMTD) Technology,
people
and education
to help make investing and trading easier to understand and do. Online or by phone. In branch or with an independent RIA. Beginner or experienced trader. Our clients want to take control, and we’ve been helping them decide how – to get Wall Street to Main Street for over 40 years. a official sponsor of the 2014 and 2016 US Olympic and Paralympic teams, TD Ameritrade has repeatedly been recognized as a leader in investment services. Please visit the TD Ameritrade website writing
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for more information.

1. Brokerage services provided by TD Ameritrade, Inc., a member of FINRA (www.FINRA.org) / SIPC (www.SIPC.org)



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