A ceremony was held in April to recognise student accomplishments during this year’s TradeQuest competition. After a very challenging few months, the fantastic efforts and dedication of the St Chris team awarded them second place!
The challenge is hosted under the guidance of the Bahrain Bourse. Now in its 12th year, students are invited to experience a glimpse of the realities and challenges of investing in the real world.
Deepa Chandrasekhar, Senior Vice President and Chief Compliance Officer of United Gulf Bank Bahrain (UGB), and St Christopher’s investment advisor for 2017-2018 said: “There is a strong focus on the analysis and selection of stocks, risk management, compliance with TradeQuest rules and regulations and more importantly, teamwork and presentation skills. The traditional methodology of analyzing scripts based on industry outlook, financial strength, the capital, the quality of assets, management, equity and liquidity is coupled with reviewing the technical analysis indicators of MACD (Moving average convergence divergence), RSI (Relative Strength Index) and patterns on charts”.
Julia Peters, the school advisor, has coordinated St Christopher’s TradeQuest teams since 2000: “TradeQuest is a fantastic opportunity for students to get a flavour of what it is like to be part of the Finance industry”, she said. “At St Christopher’s we like to encourage our students to be independent, resilient and resourceful. This competition pushes our students to be all of those things, particularly when presenting and being questioned by seasoned bankers. It is a very challenging four months, but there is no doubt that the participants of every team come out considerably more knowledgeable and richer with this experience”.