Two teams from Bloxham School beat 5,000 other teams in a virtual stock market challenge and are in the running for a prize trip to New York.
Two teams of Fourth and Fifth Form students have battled their way into the Student Investor Challenge semi-finals, beating over 5,000 teams from schools around the UK and abroad. The Student Investor Challenge, run by The London Institute of Banking & Finance, challenges teams of schoolchildren to invest virtual money on the London Stock Exchange and trade stocks and shares to make a profit.
Teams consisting of Adam W., Ben S., Mark D., Tom R., and Freddie L.; Adam M., Will H. and Cameron S. have made it into the top 500 teams, progressing to the semi-finals. Both teams are very pleased to have progressed in the competition and would like to thank Mr Gray, Bloxham’s teacher leading the activity, for his help and advice.’
Alison Pask, Managing Director of Financial Capability and Community Outreach at The London Institute of Banking & Finance, says:
‘This competition is a powerful way of engaging young people with how the finance sector works and relating it to everyday life.
‘The movement of stocks and shares, currency fluctuations and central bank activities can feel quite remote and difficult to get to grips with. By bringing it to life through a trading game, young people have proved they can grasp how economies work and the basics of investment. So, congratulations to the semi-finalists for making the top 500, it’s a great achievement!’
Congratulations and good luck to the students for the next round.