HCT Business Students Win ADNOC Bloomberg Trading Challenge 2023
HCT-ADW Business students have won 1st place in the ADNOC Bloomberg Trading Challenge 2023, announced on August 30, beating 41 other university teams for the coveted prize.
HCT’s team, the Trojans, was one of five finalist teams in the nationwide competition, with the other finalists from HCT, UAEU, NYUAD, and Herriot Watt University. The Trojans are comprised of Asma Ameen Al Saleem, Bashaer Eissa Alameri, Fatima Ahmed Al Amodi, Maha Omar Almentheri & Wasmeia Abdulla Almansoori, and are supervised by Business Faculty member, Dr. Kamran Lakhani.
In its 3rd edition, the Trading Challenge is an annual commodities-focused competition that enables students to simulate analysts’ trading, and produce original analysis on a range of topics.
The competition, which started in February 2023, is comprised of two sections – firstly, stock trading on the ADX or Dubai Stock Exchange, using Bloomberg Access to achieve the highest capital gains for stocks. The second phase is a detailed research presentation by the finalist teams to a judging panel of experts.