The Voleo TSX simulator is for Canadian university students looking to participate in the Voleo TSX Equity Trading Competition and improve their financial acumen.
The competition is open to undergraduate and postgraduate students across Canada, and is designed to help them develop their investing knowledge, explore investment strategies and discover the a world of investment opportunities on Canada’s leading stock markets, Toronto Stock Exchange and TSX Venture Exchange. This encourages students of all faculties to delve into the stock market in a risk-free way, provide opportunities network with your peers, and test your skill. The competition closes in April.
Apple is not a sponsor or involved in the competition in any manner.
Each team participating in the Voleo TSX Equity Trading Competition will have access to virtual portfolio starting at $1 million Canadian dollars, and manage it collectively using this simulated version of Voleos proprietary group trading platform. Key features:
* PROPOSE TRADES: Any team member can make a proposal to buy or sell a listed equity security at any time.
* DISCUSS & VOTE: Team members are notified when a vote is required. Voting takes seconds, or you can debate the merits with your team through a proposal-level discussion. On reaching a majority in favour the order is sent to market, hypothetically, for execution.
* TRACK PERFORMANCE: Individual decisions are tracked enabling team members to identify how their decisions have performed, creating a Definitive Return On Investment Decision (D.R.O.I.D.) percentage. Voleo considers this along with the return on proposals, win ratio, generation of alpha, and other factors to create an overall Voleo Score.
* MANAGE DECISIONS: Your My Decisions portfolio holds all of the positions that result from the team not passing proposals you created/supported. You can Lock these positions at the time you would have proposed closing them, giving you control over how long your historic decisions impact your score.
* LEARN FROM THE COMMUNITY: Follow top performing teams and individuals to get trading ideas in real time from those that have been making the best decisions.
Toronto Stock Exchange and TSX Venture Exchange are proud to be title sponsors of this financial literacy campaign. Voleo wants you to become a better investor. Please enjoy this simulator and provide feedback through the application so we can continuously improve your experience.