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Students prove they know how to handle money when it comes to investing
3:50pm Friday 14th February 2014 in News
THE wolf of Wall Street they may not be, but a group of students from Redditch is proving they know how to handle money when it comes to investing.
A team of students from Trinity High School and Sixth Form Centre has reached the regional final in a prestigious national competition.
The T team, comprising Jordan Ellins, Holly Swingler, Abigail Lammas and Zoe Cullerne, were competing against more than 30,000 other students across the UK in the ifs Student Investor Challenge, an online investment game for students aged 14 to 19.
They made more than £8,000 trading in virtual shares in just three months of trading, outperforming the FTSE 100 share index in the process.
They will now represent the school at the North Wales and English Midlands regional final, held in Birmingham on March 19.
If successful at this stage, they will have the chance of making it through to the national final in April where an all expenses paid educational trip to New York and £2,000 for their school is up for grabs.
The competition, run by ifs University College and supported by Bloomberg, provides stockbrokers-in-the-making with £100,000 of virtual money to buy and sell shares in FTSE 100 companies.
The competition gives teams the opportunity to experience the dynamic world of share dealing and investing in the stock market.
Alison Pask, Vice Principal at ifs University College said: "This is a real achievement and many congratulations go to the team from the Trinity High School.”
For more information, visit studentinvestor.org.