Congratulations to Grand Prize Winners around the world!
After studying the markets and simulating trades, Duncan Wong, a graduate student in Financial Engineering at Cornell University, rose to the top as Grand Prize Winner in JPMorgan’s United States FantasyFutures game. Wong earned the greatest overall profit in the region, beating more than 2,500 students across the US.
One Weekly Winner was announced each week during the competition. Wong was also the Week 7 winner in the United States.
As his international Grand Prize, Wong chose to visit JPMorgan’s headquarters in London. Wong also participated in a day-in-bank at JPMorgan’s global headquarters in New York City.
What was his main motivation for playing FantasyFutures? “The experience of visiting the trading floor of JPMorgan Headquarter in another continent and meeting the top traders around the globe are invaluable experiences,” Wong says, “especially for someone who wants to engage in trading as his career.”
As for his top tips on playing the game, Wong advises to keep current on what impacts the currency markets: “My strategy was to read the news that may affect the market expectation on US, Euro Zone and UK interest rate movement before each trading session in this competition. I also kept an eye on price movement of bonds in these regions.”
Previous Weekly Winners:
Each week's Weekly Winner is the university student with the highest P/L at the end of that week