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: Firms to battle it out for charity.

BUSINESSES in Liverpool are to battle it out in a charity stock market trading game.

Reuters, the global information, news and technology group, are hosting Liverpool's third Stock Market Charity Challenge, which aims to raise up to pounds 10,000 for the Alder Hey Rocking Horse Appeal.

The event, being held at the Town Hall on October 31 is being co-sponsored by the Daily Post.

Teams from Merseyside businesses will pit their wits against each other for two hours of trading, comprising five trading days in an open outcry stock market. No prior trading experience is required to take part in this fun, but competitive, event.

Tickets will be limited to 30 teams of five people. The pounds 500 per team entry fee includes a welcome drink, buffet dinner and wine, as well as an exciting evening of dynamic action and fun on the trading floor.

An auction and raffle will follow the game, with all the proceeds going to Alder Hey Hospital.

The charity aims to provide the hospital with the UK's first integrated cancer unit for children at Alder Hey, Europe's largest and busiest children's hospital. The new unit will help give the young patients the privacy and dignity that they deserve. Peter MacGibbon, major account manager for Reuters said: ``The Reuters Stock Market Charity Challenge recreates the atmosphere of a stock exchange trading floor.

``Each team will start out with a notional pounds 30,000 and the one with the largest portfolio at the end of the evening will automatically be put in the running for a fantastic overall grand prize.''
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Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Jul 3, 2002
Words:264
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