2020 Trading Cup gets off to a flying start

The top 10 traders battle it out to be crowned the Grand Champion, while trading over the US Non-farm Payroll data release providing the tension and super-charged atmosphere needed for an exciting final hour of trading.

The 2020 Trading Cup, a global live trading tournament run by the Australian firm ACY Securities, has begun with a bang and is on track to be the most successful event of its kind ever hosted.

With a minimum of $US150,000 in prize money, the competition is a six-month long live trading contest which consists of 6 stages and concludes with the Grand Final. What makes the Trading Cup unique is how the grand final is conducted.

The top 30 traders from each of the six qualifying stages are invited to trade live in an e-Stadium theatre for their chance to claim a position in the top 10.

The top 10 traders battle it out to be crowned the Grand Champion, while trading over the US Non-farm Payroll data release. The Non-farm Payroll release is the most exciting and volatile release for Forex traders around the world and provides the tension and super-charged atmosphere needed for an exciting final hour of trading.

Ashley Jessen, Head of Marketing at ACY Securities said that the Trading Cup served as a platform for traders to showcase their talent and inspire them to explore what is possible.

“The Trading Cup was built to inspire traders all around the world, to show what is possible with a real-money trading account, across a wide range of asset classes. Last year’s final was electrifying with tension building right to the last minute of trading, when the best trader was crowned” said Mr Jessen is a statement today.

He further added that traders should be doing all they can to experience the tournament for themselves.

“Having experienced the grand final first-hand and interviewed a handful of the winning traders, I can confirm that traders should be doing everything they can to claim their spot in the grand final. You will be treated like royalty” concluded Mr Jessen.

Stage 1 kicked off on Monday 1st of June and the Grand Final, which will be broadcast live, will take place in January 2021 at a destination yet to be announced.

Last year’s Grand Final took place at Studio City in Macau (E-sports Arena) with qualifying traders flying in from all over the world and thousands of people tuning in to the live streaming to witness the contestants showing off their trading ability.

Executing their strategies over the US Non-farm Payroll data, the percentage returns from last year’s winners were as per the following table:

Some cities the organisers have flagged for the upcoming Grand Final include Singapore, London or Dubai, but the final decision is expected to be made after Stage 4 is completed.

To see how traders are performing in Stage 1 via a live leader board, or to sign-up and enter the 2020 Trading Cup, simply click here

Read this next

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

<