13 October 2015

Montréal Exchange launches virtual trading platform

10 September 2012  |  1614 views  |  0 Source: Montréal Exchange

Montréal Exchange (MX), a wholly-owned subsidiary of TMX Group Ltd. and Canada's derivatives exchange, today announced the launch of its options trading simulator.

The virtual trading platform is an online and smartphone-compatible tool that enables individual investors to execute options trading strategies, enhancing their knowledge of both options and market dynamics. A tutorial for first-time users is available.

"We are extremely proud to launch this options trading simulator for the Canadian market," said Alain Miquelon, President and CEO, Montréal Exchange. "We want to encourage investors of all levels, including students, to learn more about the derivatives market and to look to MX as the centre of excellence of these highly specialized products."

The simulator complements the MX's existing educational tools, including Options Education Days information sessions, training tutorials on m-x.tv and blog posts on optionmatters.ca.

The online tool will also be used for the MX Options Trading Simulation program - one of MX's educational initiatives that was announced in February 2012. This program allows student teams from seven universities in Quebec to create and trade a virtual portfolio of $100,000. Students are provided with an educational presentation prior to the contest, which runs for nine trading weeks beginning on October 1, 2012. The winning team will have accumulated the best return while respecting the mandatory components and will receive a $10,000 prize from the MX. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news


Top topics

Most viewed Most shared
European Parliament rubberstamps Payment S...
11586 views comments | 49 tweets | 66 linkedin
Banks must embrace fintech-fuelled payment...
9308 views comments | 35 tweets | 27 linkedin
Global transaction banking set to be a key...
6879 views comments | 10 tweets | 22 linkedin
London fintech investment in first three q...
6576 views comments | 29 tweets | 20 linkedin
Chinese hackers breach LoopPay
5723 views comments | 8 tweets | 7 linkedin

Featured job

£100,000 basic, £180,000 OTE + Benefits

Find your next job