Inviting participation from the leading B-schools of India, the game is all set to start on the October 1, 2006. Prizes worth Rs.1, 75, 000 are to be won at the end of the game.
Played over a period of 45 days, the game intends to help the students gain practical experience in Commodity Futures Trading and also help them appreciate its growing importance in the economy.
Commodity futures trading is said to have existed in India from the ancient times and even finds a mention in Kautilya’s Arthshastra. A commodity futures contract is a standardized contract, issued and traded on a future exchange, to buy a certain underlying commodity at a certain date in future, at a fixed price. A trader needs to be a risk taker to conquer the stimulating world of commodity futures trading. The Finance Society of MBA (Management of Services), FMS foresees lot of excitement and high adrenalin levels as the participants respond to the vagaries of the commodity markets.
This intriguing contest will definitely challenge the wits, stimulate grey cells and eventually prove to be immensely beneficial for all the participants. The registration to the game closes on 21st Sep, 2006. For further details regarding registration and other queries, visit www.fms-comsmart.com