SOURCE: TradeKing

TradeKing

September 13, 2011 09:00 ET

Calling All Undergraduate Students: There's Still Time to Enter the $100,000 TradeKing API Campus Challenge

Register by October 24 to Put Your Development Skills to Work Building an Investment-Focused App

FORT LAUDERDALE, FL--(Marketwire - Sep 13, 2011) - Students, what would you do with $50,000? Start thinking about how you'd spend that big check because TradeKing (www.tradeking.com), a leading online broker-dealer, just announced the call for registrations for the $100,000 TradeKing API Campus Challenge.

Born out of a groundbreaking pilot program conducted in Spring 2011 at the Sellinger School of Business and Management at Loyola University Maryland, the semester-long TradeKing Challenge provides undergraduate students with real-life experience developing an investment-focused "app" using TradeKing's Application Programming Interface (API).

Students will have the opportunity to compete in an "Open" division alongside students from universities across the country. In a separate category, universities such as Villanova, Loyola Maryland and the University of Nebraska are participating in the Challenge as a part of their academic coursework. Students may choose to form teams with students at other participating or non-participating colleges, or participate in the Challenge individually. The winner of the Open division will take home $5,000 in prize money and have the opportunity to compete against the other divisions for an additional $50,000.

The deadline for registering for the Challenge is October 24. The competition is open to all undergraduate students enrolled at U.S. colleges and universities, and runs through midnight Eastern on December 12, 2011. There is no cost to participate.

Interested students can register for the challenge by visiting
http://apicampuschallenge.com or emailing campuschallenge@tradeking.com.

About TradeKing
TradeKing (http://www.tradeking.com) is a nationally licensed online stock and options broker offering simple, low cost online trading fees ($4.95 per trade plus $.65 per option contract, $8.95 per trade plus $.15 per options contract for nine or more contracts) with no hidden costs or account minimums.1 A pioneer in integrating new financial social media as part of its innovative online equities, options trading and fixed-income trading platform, TradeKing has received multiple discount broker awards from top industry sources and was rated best in customer service by SmartMoney2 Magazine, ahead of OptionsXpress, Scottrade, Fidelity, and TD Ameritrade. (June 2011 SmartMoney Broker Survey).

Follow TradeKing on Twitter at http://twitter.com/TradeKing,
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Options involve risk and are not suitable for all investors. For more information, please review the Characteristics and Risks of Standard Options brochure before you begin trading options. Options investors may lose the entire amount of their investment in a relatively short period of time.

TradeKing provides self-directed investors with discount brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice. The content of this press release is provided for educational and informational purposes only, does not constitute a recommendation to enter in any of the securities transactions or to engage in any of the investment strategies presented herein, and does not represent the opinions of TradeKing or its employees.

Online trading has inherent risks due to system response and access times that vary due to market conditions, system performance and other factors. An investor should understand these and additional risks before trading.

Multiple leg options strategies involve additional risks and multiple commissions, and may result in complex tax treatments. Please consult a tax professional prior to implementing these strategies.

Member FINRA/SIPC.

(1) $4.95 for equity and option trades, add 65 cents per option contract. Trade more than 8 contracts, and we'll automatically lower your cost to $8.95 per trade plus 15 cents per contract. TradeKing charges an additional $0.35 per contract on certain index products where the exchange charges fees. TradeKing adds $0.01 per share on the entire order for stocks priced less than $1.00. See our Commissions + Fees page at www.tradeking.com/fees for details on commissions on low-priced stocks, option spreads, and other securities.

(2) TradeKing was ranked #1 in Customer Service in the SmartMoney June 2011 Broker Survey based on the following categories: Commissions and Fees, Mutual Funds & Investment Products, Banking Services, Trading Tools, Research, and Customer Service. SmartMoney is a registered trademark of SmartMoney, a joint publishing venture between Dow Jones & Company, Inc. and Hearst Partnership. Supporting documentation for any claims, comparison, statistics, or other technical data, will be supplied upon request by calling 877-495-5464 or via email at service@tradeking.com.

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