05/05/2014
+++The Supermartingales (TU München) still on the 1st Rank with 120.97%!!!+++
+++2nd Rank for the PD Engineers with 92.13%+++
+++ 3rd Rank for the LUISS Blue Team with 77.55 %+++
+++Standings as of May 2nd 2014+++
+++Just 1!!! week left until the end of the competition+++
There is only one week left until the end of the University Trading Challenge 2013/2014. So what was happening during last week? Including the 5th place, there was no change regarding the ranking, just the performance of the different teams has slightly changed.
The Supermartingales are still on the first place with a great performance of 120.97 %, followed by the PD Engineers with 92.13% (last week, they had 93.65%). LUISS Blue from LUISS RM is still on the 3rd position with 77.55% overall performance, but compared to last week, they´ve gained an additional surplus of 6.6%. Their difference to the second place is just 14.58%, so maybe they can use some volatile movement to reach the 2nd place.
The gPs from Hs Augsburg ZSI may not have realized that they had the chance to take over the third place, by trading some positions. They have been idle for more than six weeks. Maybe, they have to fear that the Meravigli16 from Politecnico MI will take over their place. They´ve traded some positions and lost 1.56%. But they are still close to the team from Augsburg with 48.87%, one or two good trades, and they could take over the 4th rank.
The first five teams may have feared the volatility in the markets and the unpredictable development in the Ukraine, so that they´ve closed their positions. We will see how the last ranking will look like next Monday.
I Federiciani from Econ. Federico II NA has made a great performance 9.45% and took over the 6th place. Performing as well as last week, they might play a role within the top 5!
The guys from the team Vincitori have lost the 6th place and made a minus of 39.7%!, and are just on the 18th place now. Apparently, they took too much risk or traded just one position with high leverage. As we have seen last year, leverage can cause great returns, but also huge losses, especially in a volatile market environment.
From place seven to 26, all teams have a positive performance, and they are really close together. Therefore, for some teams, there will be the chance to climb up the ranking if they perform well. 75 teams are still participating in the ongoing University Trading Challenge 2013/2014. Again, today we have seen how volatile the markets are these days. The German Index DAX for example went down from 9,556 to 9,410, but closed at 9,537. This includes a gap of 127 points or 1.35%, just on one day.
We are really looking forward to the final ranking on next Monday. We hope the markets will develop in your favor. Have a nice week, and good luck.
For more information about the standings, or the University Trading Challenge 2014, please visit:
http://www.universiadideltrading.it/pub/en/classifiche/indice.html