CHICAGO, April 2, 2012 (GLOBE NEWSWIRE) -- Futures and foreign exchange traders the world over have established their reputation for savvy money management by participating in the World Cup Championship of Futures and Forex Trading®, a transparent, online trading competition where skilled professional and novice traders showcase their talent.
Now in their 29th consecutive year of competition, the World Cup Trading Championships® have built a global following. It has taken triple-digit returns to win a World Cup Championship event in 23 of the last 28 years.
On Friday, April 27, 2012, top finishers from the 2011 competition will gather in Chicago to discuss their strategies, share their experiences of competitive trading, and receive trophies in a special media-focused ceremony on the CME Group trading floor. Many of the products traded in the event are CME Group futures and options contracts.
| WHAT: | Trophies presented to 2011 World Cup Trading Championship Winners |
| WHEN: | Friday, April 27, 2012, 1:30 p.m., reception follows in CME Group hospitality suite |
| WHERE: | CME Group trading floor, 141 West Jackson Blvd., Chicago |
| HOW: | Media should register in advance |
| HOSTED BY: | PFGBEST, WorldCupAdvisor.com, and CME Group |
| The 2011 trophy winners will be available for interviews and photos. | |
| FIRST PLACE: | Tim Rea, who achieved 104.1% performance trading foreign currency products in 2011 |
| SECOND PLACE: | Earl Erenler, 63.1% performance trading futures |
| THIRD PLACE: | Chris Johnston, 51.9% performance trading futures |
World Cup Championship trading in 2012 features the lowest commission rate in the history of the event: Just $2.97 per side all-in for all electronic futures contracts and $3 per $100,000 for foreign currency trading. The account opening minimum has also been lowered to $10,000.
At stake each year are coveted pewter and crystal Bull & Bear trophies; prizes from leading industry software, data and publishing companies; authority to trade $50,000 Award Accounts for each of the top five contestants; and the opportunity to join the advisory team at www.WORLDCUPADVISOR.com. There is no entry fee.
PFGBEST, one of the largest non-bank U.S. Futures Commission Merchants, co-sponsors the World Cup Trading Championships. Said PFGBEST President and Chief Operating Officer Russ Wasendorf, Jr., "This is truly a low-barrier environment to enter the world of competitive trading. PFGBEST is committed to online trading, which enables the competition to expand globally. Further, we believe in promoting dialogue between investors and traders as an educational forum. It is our belief that an educated trader will have a more sustainable and more satisfying experience in the markets. We are proud of the World Cup Trading Championships as a venue for showcasing evolving talent, and we hope to help the talent develop into some of the best Commodity Trading Advisors (CTAs) in history."
PFGBEST is dedicated to customer education and sustainable investing, offering a diverse suite of products for retail and institutional clients, including futures, foreign exchange, options, and precious metals. The company is celebrating its 20th year as an NFA-registered FCM in 2012, and has customers, affiliates and brokerage offices in more than 80 countries.
View the 2012 World Cup rules. Standings are updated daily at www.PFGBEST.com/worldcup. For more information, contact Jim O'Connell (joconnell@PFGBEST.com / 312-775-3545) or Chad Robbins (crobbins@WORLDCUPADVISOR.com / 312-454-5000).