Bangkok--Nov 16--SET
150 students from 25 Thai universities will participate in the TFEX Futures Camp aimed at creating a greater understanding of derivatives through a simulation game. There will be about THB300,000 worth of prizes. The camp will take place on Dec. 4 — 9, 2005 in Chiang Mai province, and will be hosted by the Thailand Futures Exchange Pcl.
TFEX Managing Director Ms. Kesara Manchusree said, “This camp will create greater understanding of derivatives among Thai youth, who will gain a basic awareness about derivatives and may become future investors. At the camp, they will learn about the derivatives’ fundamentals and trading, plus strategies on investing in the SET50 Index Futures. Trainers will be experts from brokerage houses with branches in Chiang Mai.
“Students will also have an opportunity to take part in a simulation game and bring home scholarships and prizes. The Thailand Securities Institute (TSI), a Stock Exchange of Thailand subsidiary, will grant derivatives training scholarships worth approximately THB300,000 in total,” he reported.
The TFEX Futures Camp will be held at Chiang Mai University’s Faculty of Economics, on December 4 — 9, 2005. There will be 150 students (72 teams) participating from 25 Thai universities, including Chulalongkorn, Mahidol, Khon Kaen, Kasetsart, Thammasat, Mae Jo, and Mae Fah Luang Universities as well as from NIDA (National Institution of Development Administration).
The team winner and the 1st, 2nd, and 3rd runner-ups will receive THB60,000, THB50,000, THB40,000, and THB20,000 worth of scholarships respectively. Their universities will also receive honorary plaques. Furthermore, the top 10 teams will be entitled to compete in the Futures Simulation Award to be held next March.
Interested persons wishing to watch the simulation competition are welcome at Chiang Mai University’s Faculty of Economics, on December 4 — 9, 2005, 09:00 — 17:00 hrs. For more information, please call tel: 0 2229 2767 or 2769. End.