SECP starts Jamapunji Stock Trading Competition

May 05, 2017

Widening its canopy of awareness and knowledge, Investor Education’s Jamapunji campaign has started stock trading competition for the university students in Rawalpindi and Islamabad. The participating universities include, Fatima Jinnah Women University, SZABIST, Hamdard University, Bahria University, International Islamic University Islamabad, NUML and University of Lahore Islamabad Campus and ICMAP Islamabad.

The purpose of the competition is to enable the students to comprehend the rudimentary workings of the stock market and to take advantage ofquality trading opportunities in the capital markets. This electronic trading competition is designed to provide students with hands on experience of the stock trading where students will trade using live rates fetched from Pakistan Stock Exchange Limited in a simulated environment.

Over 450 participants have already been registered for the competition and will run during May, 2017.The 1st position holder of the competition will be awarded cash prize of Rs. 100,000/-, followed by Rs. 75,000/- for the second position holder and Rs. 50,000/- for third position holder. This competition has been sponsored by Arif Habib Limited, Elixir Securities Pakistan (Private) Limitedand Top Line Securities Limited.

In light of the overwhelming response by the participants in this competition, the honorable Chairman SECP Zafar Hijazi has announced to make this competition a regular activity throughout the year.  These type of activities will help in establishing stronger academia-industry linkages wherein research houses of market intermediaries will be partnering with the universities for grooming the skill set of students of the partnering universities, hand holding the capital market investment journey of potential professional investors.