MICEX Announced Results of "Best Private Investment 2012" Competition

OREANDA-NEWS. December 26, 2012. The biggest Exchange's competition — "The Best Private Investor, 2012" was completed.

4,064 private traders (out of 5,479 traders registered) took part in the competition, where they were performing operations in different trading instruments of the Securities, Derivatives and FX Markets of the Moscow Exchange.

The total value of the Trading participants" initial assets equaled apprx. RUB3 billion. During the competition, the Russian market was down 1.2% according to the RTS Index and 1.4% according to the MICEX Index. However, the resulting yield demonstrated by the participants was 1.9% from the initial assets.

The trading volume of the participants amounted to RUB1.8 trillion for two months and a half. Competitors traded 84 securities of Russian issuers, all instruments of the FORTS Derivatives market and the
USD/Rub and EUR/RUB currency pairs of the Moscow Exchange FX Market.

As for the main categories, 1,995 participants traded securities of Russian issuers and 1,365 participants traded Derivatives Market instruments. 139 private investors competed on the FX Market.

As for the extra categories, 234 traders were competing in the "The Best Active Trader" category and 526 participants struggled for the title of the Best Strategist. The number of participants of "The Best Trader-Millionaire" category reached 500. 1,186 investors contended for the championship in "The Best Blue-Chips Trader" this year. 12 investors were trading in the category "The Best Sofcommodities Trader".

Please find below the results of the competition announced by the jury:

Pavel Sorokovoy (BCS Company, LLC) is the best manager of the competition. Aleksandr Kusmartsev (Sberbank of Russia) and Maksim Tolchinskiy (Sberbank of Russia) took the second and the third places. Sberbank of Russia and Alfa-Bank are recognized as the best brokers of the competition.

"The participants showed effective and skilled trading in numerous exchange instruments which was due to the improvements of the competition rules as well. The Moscow Exchange is pleased to congratulate the winners and to wish them further success", — says Valeriy Skotnikov, the chief instructor.

"The Best Investor 2012" competition is organized by the Moscow Exchange. The main aim of the competition is to display the opportunity which private investors have while trading the instruments of the Securities, Derivatives and FX Markets and the profits that the Trading Participants can get on these markets by using the skills of a competent trader. Disclosing the information about the trades and the results of the competition makes it possible to be in the course of the competition and view the strategies applied by the participants.