Korrein Volders from Erasmus University Rotterdam takes home the prize
Brussels –19 February 2014 – Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today hosted the final of the Belgian Traders Trophy, bringing together 20 students from top universities to participate in a unique challenge.
The Traders Trophy Worldwide is a competition in trading of financial instruments. It takes place in several countries around the world, today marking the third edition in Belgium. The trading simulation used in the Traders Trophy gives the participants the experience of operating in a trading room environment. The event is sponsored by Euronext Brussels, Oxyor, Capitant and Quest for Growth (Capricorn Venture Partners).
A full day of trading is simulated in a 60-minute session. Participants get the opportunity to buy or sell on a virtual market place while being in constant contact with other contestants and virtual clients. During the final, students trade not one, but three equities from different industries.
During this year’s final, Euronext Brussels hosted finalists from: KU Leuven, Antwerp University, Technical University of Delft, Thomas More, Erasmus University Rotterdam, Vrije Universiteit Brussel, Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Ghent University, Vlerick Business School, KH Leuven, and Hogeschool-Universiteit Brussel.
After the final, Korrein Volders from Erasmus University Rotterdam was crowned “Student trader of the year”. He is currently studying Econometrics and Operational Research.
VincentVan Dessel, CEO of Euronext Brussels: “We would like to congratulate Korrein Volders for his commendable performance and results at the end of a trading day. It is important to prepare tomorrow’s financial professionals for the challenges and opportunities present on the market place.”
Tim Verheyden, Vice-President of Capitant: “The Traders Trophy competition perfectly represents what Capitant wants to stand for. Students have the chance to get in the shoes of a flow trader, and thereby understand the importance of market making. Moreover, they experience the differences between the diverse market participants, the dangers of speculation and the importance of risk management and customer focus.”
The winner was announced prior to a closing bell ceremony, marking the end of the trading day on Euronext’s European markets. Vincent Van Dessel, CEO of Euronext Brussels was accompanied by Korrein Volders, Student trader of the year, Tim Verheyden, Vice-President of Capitant, and Tom Vanhoutte, CFO of Capricorn Venture Partners.