ACY Securities delivered its 3rd Trading Cup Grand Final event on Friday night, which was hosted from their headquarters, ACY Tower in Sydney as a live virtual event.
With a record audience of nearly 30,000 viewers tuning in to watch the live action and record engagement across their social media channels, the event was hailed as a great success.
Leading up to the Grand Final, gold dropped significantly on the back of a huge bullish run on the US dollar and the volatility started to fiercely build up. This set the scene for what would ultimately become a rollercoaster ride to the finish line.
Never before have we seen more markets on potential breakout levels, with the most actively traded instrument of the competition, gold, surging on the night.
Commenting on the Grand Final, Ashley Jessen, ACY’s Chief Operating Officer said the winner (Mr. Haibo Wang) made the largest percentage gain in the history of the contest and that he had never seen such an exhilarating display of raw talent.
“I’ve had the chance to witness the last two Trading Cups live, and this year’s grand final was the most exhilarating display of raw trading talent, under extreme pressure, that I’ve ever seen. The top four competitors jockeyed around the largest percentage gains in our three-year history, until the final victor, Haibo Wang, came through triumphantly, hitting 71% in gains in an hour. Simply incredible,” said Mr Jessen in an interview yesterday.
The 2nd place winner, Mr Xun Gong won $US18,000 with an impressive 51% gain and the 3rd place winner, Mr Mao Long Yang took home $US9,000 with a very respectable 33% gain. All three winners traded gold.
Trading Cup gave away atleast $US150,000 in prize money throughout the 6-month competition.
If you missed the live stream on Friday night, visit tradingcup.com to watch the full replay.
The Trading Cup Grand Final was hosted by the renowned ausbiz TV presenter and former Sky News Business anchor Nadine Blayney and featured recently appointed Order of Australia recipient and ACY Securities Brand Ambassador Tim Cahill, AO.
Want to learn more about the Trading Cup, how it works, and the history of the competition? Watch the exclusive interview with Australia’s favourite TV host, David Koch.
Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.