The annual CIMB ASEAN Stock Challenge is a regional stock trading competition that offers real -time trading experience across five major stock exchanges - Bursa Malaysia, Indonesia Stock Exchange (IDX), Singapore Exchange (SGX), The Stock Exchange of Thailand (SET) and The Hong Kong Stock Exchange (HKEx). This unique competition is open to undergraduates in Malaysia, Indonesia, Singapore, Thailand, Cambodia, and for the first time this year, Brunei.
The Challenge is available via a virtual trading platform where you get to compete in the following activities:
- Buying and selling of securities on five major stock exchanges in the region.
- Monitoring status of orders - matched; unmatched; cancelled; pending; expired; revised; rejected.
- It is a cost and risk-free competition as you will be given a virtual capital of US$80,000 to invest.
This is a two-stage competition covering national and regional rounds.
National Level: Teams will compete to make the most profit during the trading period from 9 October 2017 to 27 October 2017. Within this three-week trading period, your knowledge and skills in strategic planning will be put to the test. Your team will have to make decisions to buy and sell shares, thus encouraging the application of knowledge on real market information. CIMB's research materials will be made available to all participants online.
The top three teams from each country with the highest percentage gain* at the end of trading period will be required to submit their trading strategy paper for evaluation.
The team with the best strategy paper from each country will proceed to the Grand Finale to be held in Jakarta on 15 January 2018.
* Percentage Gain refers to the percentage returns on investment made by the team from their stock transactions during the 3 week game period that includes Cash on Hand and Market Value of Shares in Portfolio.
Method of calculation: [(Cash on Hand + Market Value of Shares in Portfolio at the end of game)/Cash at the Beginning of Game]
Example: Team starts with a total virtual capital of US$80,000 and ends the competition with US$50,000 cash and US$100,000 Market Value of Shares. The Percentage Gain is calculated to be 187.50% [(50,000 + 100,000)/80,000]
Grand Finale: At the regional finals the six Regional Finalist teams will present their trading strategies applied throughout the competition period to a distinguished panel of ASEAN judges.
Get an additional virtual capital of USD20K, on top of the USD80K capital given to each team, by registering before 23 Sept 2017.
The CIMB ASEAN Stock Challenge 2.0 will be launched soon! Form your team of 2-3 pax and sign up between 18 Sept to 29 Sept 2017. Please note that participating teams should come from the same university.