Dubai investment bank announces prize winner at Trading Options Lecture

The winner of the Investment and Trading Competition, organised by Saxo Bank and Manchester Business School (MBS), Middle East Centre, was announced earlier this week at the Trading Options Lecture in the Arjaan Hotel Conference Centre, Media City, Dubai.

All competition participants were assigned a demo account of Saxo Bank’s award-winning platform – Saxo Trader and virtual money amount of $100,000. The amount had to be invested in the capital market in any of the products offered by Saxo Bank – Contract Futures, Stocks, FX Spot, FX Forwards, CFDs, CFDs on Indices and CFDs on Futures.

Gustave Rieunier, Global Head of FX Options & Forward Trading in Saxo Bank also addressed the audience at Arjaan Hotel Conference Centre. In the lecture, he discussed the strategies for trading in the Capital Market, particularly in Options. The event also gave an opportunity for participating students to understand the various career opportunities in the domain of Trading and Investment Banking.

One of the highlights of the event was the announcement when Jacob Beck Thomsen, the CEO of Saxo Bank (Dubai) Ltd, presented the winner with an iPad2.

Expressing his keen interest in the event, Mr Jacob Beck Thomsen said, “We like talent and this competition was a great opportunity for talented business students who are interested in learning more about trading and investment – not only in the turbulent market that 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 capital markets and I look forward to meeting them all at the conference.”

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About Saxo Bank (Dubai)

Saxo Bank, Dubai is a fully owned subsidiary of Saxo Bank A/S. It offers access to Saxo Bank A/S’s trading platforms to private and corporate clients as well as institutional investors.

Saxo Bank is the leading global investment bank and specialises in online trading and investment in financial markets worldwide. The bank’s impressive range of investment products include Forex trading, CFDs and Stocks, ETFs, Options and Futures trading, and it also provides professional portfolio and fund management.

Contact Information:
Tel: +971 4 381 6000

About Manchester Business School, Middle East Centre

Started in the year 2006, the Middle East Centre of the Manchester Business School (MBS) is located at the Knowledge Hub called ‘Dubai Knowledge Village’. The Dubai based centre of MBS provides support and co-ordination to about 1000 students in the Middle East region. All students of MBS, Dubai are experienced functional specialists or business managers.

Contact Information
Tel: (04) 446 8664
Fax: (04) 446 8665