SOURCE: Saxo Bank

Saxo Bank

September 20, 2011 02:00 ET

Saxo Bank Dubai to Reveal Competition Winner at Trading Options Lecture

DUBAI, UNITED ARAB EMIRATES--(Marketwire - Sep 20, 2011) - The online trading and investment specialist, Saxo Bank, will announce the winner of an investment and trading competition for business students tonight at the Saxo Bank (Dubai) Ltd. Trading Options Lecture.

The competition and the Trading Options Lecture is organized in partnership with Manchester Business School (MBS) Middle East Centre and is held at 6:30 pm at the Arjaan Hotel Conference Center, Media City, Dubai.

The competition began on 1st August and ran until the 1st September. Competitors were provided with a demo account of Saxo Bank's award-wining platform, SaxoTrader, and $100,000 in virtual money to invest in the capital market in any of the Saxo Bank products ranging from Contract Futures, stocks, FX Spot, FX Forwards, FX Options, CFDs, CFDs on Indices and CFDs on Futures.

Gustave Rieunier, Global Head of FX Options & Forward Trading in Saxo Bank, will address the audience and discuss how to trade in the Capital Market and in particular Options. The students attending the lecture will also have a chance to hear about career opportunities in Trading and Investment Banking.

The winner of the MBS & Saxo Bank Investment and Trading competition will be announced during the lecture and will receive an iPad2 from the CEO of Saxo Bank (Dubai) Ltd., Jakob Beck Thomsen.

Jakob Beck Thomsen commented on the event and competition: "We like talent and this event was a great opportunity for talented business students that are interested to learn more about trading and investment, not just in this turbulent market we have been experiencing, but in more settled markets too. The competition gave a lot of talented students the opportunity to gain experience in trading and investing in the capital markets and I am looking forward to meeting them all at the conference."

About Saxo Bank

Saxo Bank (Dubai) Ltd. is a fully owned subsidiary of Saxo Bank A/S that offers access to Saxo Bank A/S´s trading platforms to professional private and corporate clients as well as Institutional investors. Saxo Bank A/S is a leading online trading and investment specialist. The Saxo Bank A/S trading platforms caters for trading in FX, Futures, Equities, ETFs and CFDs. The three specialised and fully integrated trading platforms -- the browser-based SaxoWebTrader, the downloadable SaxoTrader and the SaxoMobileTrader application -- are available in over 20 languages. Saxo Asset Management accommodates high-net worth private clients and institutional investors. In 2011 Saxo Bank continued the diversification of its business and launched Saxo Privatbank. The Saxo Bank Group is headquartered in Copenhagen with offices throughout Europe, Asia, Middle East and Australia.

About Manchester Business School (MBS) Middle East Centre

Manchester Business School opened its Middle East Centre in UAE at the Knowledge Hub called the "Dubai Knowledge Village" in 2006. The centre provides support and co-ordination to about 1000 students in the Middle East region, all of whom are experienced functional specialists or business managers. Over 78 nationalities are represented in the student body.

Contact Information

  • Contact:

    Kasper Elbjorn
    Head of Group Public Relations
    Tel: +45 3065 4300
    Email: press@saxobank.com