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BLOMINVEST Bank VSE Competition Crowns Its 2023 Winner

BLOMINVEST Bank VSE Competition Crowns Its 2023 Winner

Posted March 26, 2024

An undergraduate student from the University Of Saint Joseph Beirut (USJ), Guy Rouhana takes first place at 2023 BLOMINVEST Bank VSE competition. Powered by Interactive Brokers, BLOMINVEST Bank manages a yearly virtual stock exchange (VSE) competition for university students in Lebanon in collaboration with the Capital Market Authority (CMA).

In its 17th edition, a two-round online trading competition attracted over 200 undergraduate and postgraduate students. The first round is an intra-university competition, driven by a designated student who acts as VSE Campus leader (VCL), while the second one is at the national level. Each eight-week round challenged participants to maximize profits by trading various securities, including US stocks, ETFs, and options).

In the first round, each university crowned a maximum of five students to proceed to the national competition. The finale, hosted at BLOMINVEST Bank’s Headquarters in Beirut with Master of Ceremonies George El Khoury from BLOMINVEST, witnessed a captivating 20-minute presentation by the 5 finalists about their trading strategies as well as their advantageous insights before the announcement of the winners and their respective prizes. The presentation is conducted in front of panels from capital market authority representatives and industry professionals.

The winning students for the 2023 national completion were:

First PrizeGuy RouhanaUniversite Saint Joseph
Second PrizeJeremy BastaNotre Dame University (NDU)
Third PrizeRalph ZaylaaAntonine University
Fourth PrizeRayen AbdelkhalekUniversity Saint Esprit Kslik (USEK)
Fifth PrizeDaniel El BannaLa Sagesse University
VCLChristelle NacharNotre Dame University (NDU)

Demonstrating a continuous commitment to educating the next generation of finance professionals, BLOMINVEST Bank offers this trading competition to students enrolled in 14 universities across Lebanon.  This initiative empowers students and allows them to refine their knowledge of the stock market, sharpen their analytical capabilities, and gain practical experience through virtual trading.  BLOMINVEST Bank looks forward to welcoming the next generation of market leaders.

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This material is from BLOMINVEST Bank and is being posted with its permission. The views expressed in this material are solely those of the author and/or BLOMINVEST Bank and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

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