Announcing the winners of the second edition of the competition "Symbol for trading and investing"

Abu Dhabi, June 24 / WAM / The Abu Dhabi Securities Exchange Group and Al Ramz Capital announced today the winners of the second edition of the “Al Ramz Investment and Trading Competition,” while registration will open to participate in the third edition of the initiative on June 25.

The competition comes as part of the efforts of both parties to encourage responsible investment, enhance financial literacy, and develop a culture of long-term wealth building among individuals throughout the UAE.

By combining actual participation in the market with an interactive reward system, the initiative provides investors with the opportunity to develop their practical investment skills and expand their knowledge of the working mechanisms of capital markets.

Building on the success of the first edition, the second round allowed participants to test their investment knowledge and trading strategies within a real market environment, where the evaluation was based on the level of performance rather than the size of the investment portfolio.

The initiative continues to attract increasing interest from new and experienced investors alike, who wish to develop their investment practices on a more conscious and disciplined basis.

The list of winners in the second round included: Omar Al-Hadrami in first place with a performance of 9.1% in one month, winning one million miles from the Etihad Guest programme, Abdullah Al-Ashqar in second place with 8.7% and a prize of 500,000 miles, and Ismail Hussein in third place with 8% and 250,000 miles.

To ensure equal opportunities among all participants, the results were evaluated based on a time-weighted return, with the aim of measuring performance independent of the invested capital, ensuring a fair and transparent assessment of trading skills.

All participants were provided with access to market data, reports and investment information available on the Abu Dhabi Securities Exchange website, to help them develop their investment methods and build more efficient and effective strategies.

With the opening of registration for the third edition, which will extend from June 25 to July 24, investors who have an active trading account with Al Ramz can continue testing their strategies, follow their performance via a dedicated electronic dashboard, and compete for prizes including the grand prize of one million miles from the Etihad Guest program.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter