MarketZAR Offers First Trading Competition In eCBOT Precious Metals Futures on June 1; Full-ounce gold coin awarded to winner.CHICAGO -- MarketZAR (Zero At Risk) on Thursday, June 1 launches its first-ever eCBOT precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. (gold and silver) futures trading competition. The contest will last from 7:20 a.m. Central until 12:30 p.m. Central time. First prize is a one-ounce gold coin Gold coins are one of the oldest forms of money. The first gold coins in history were coined by the Lydian king Croesus in about 560 BC, not long after the first silver coins were minted by king Pheidon of Argos in about 700 BC. , and the second through seventh place winners get a one-ounce silver coin Silver coins are possibly the oldest mass form of coinage. Silver as a coinage metal has existed since the times of the Greeks. Their silver drachmas were popular trade coins. and a waiver in any upcoming full-day MarketZAR contest ($49.95 value.) For the e-CBOT precious metals competition, the license fee to use the contest version of the BEST Direct electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. platform and supporting software for simulated trading is only $10. Each contender starts the competition with a mock trading Mock trading The simulated trading of securities used as a learning device in training investors and broker. account of $50,000. Contests are traded through mock trading accounts on BEST Direct. Participants must get filled on at least five separate trading tickets to be eligible to win prizes. MarketZAR President Chris Sheridan said there is a thirst for trading education, and that MarketZAR provides a real solution to that demand. "Even though this is simulated trading, hence the 'zero at risk', it's an exciting and accessible way for beginning futures traders to experiment in online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. , trying out a variety of order types, order placement, utilization of charts and analysis, and tracking orders. Here, they can practice without staking their own money on the outcome," he explained. MarketZAR is an innovative concept that creates a level playing field See net neutrality. for people who want the fun, thrill and potential reward of trading, but who may not have the time, experience or capital to execute their trades in the real market. Participation is void where prohibited by law. Please visit www.MarketZAR.com, where you will find a list of traders and their returns from the most recent contest, EuroCurrency futures, which occurred on May 18. The website also provides a ZAR ZAR In currencies, this is the abbreviation for the South African Rand. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. City forum for members and guests to discuss the markets and get pointers on educational resources, trading strategies, and market experiences. A Member Bulletin is distributed to communicate contest news via e-mail.
Contest Schedule
May 24: Mini Dow futures
June 1: Gold and Silver futures on eCBOT with a $10 license fee
June 7: Futures trading competition any eCBOT or Globex futures
contracts
June 14: FX spot contest
June 21: Mini Stock Indexes (Dow, Russell 2000, Nasdaq, S&P)
June 28: Futures trading competition on any eCBOT or Globex
futures contracts
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