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SEMC Trading Contest

SEMC Trading Contest. Tim Hewitt & John VanSickle Food & Resource Economics Dept. University of Florida. SEMC Trading Game Rules. Given $15,000 in trading capital to be used to pay trading fees ($14.50/contract each half turn) and to cover margin requirements and losses incurred.

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SEMC Trading Contest

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  1. SEMC Trading Contest Tim Hewitt & John VanSickle Food & Resource Economics Dept. University of Florida

  2. SEMC Trading Game Rules • Given $15,000 in trading capital to be used to pay trading fees ($14.50/contract each half turn) and to cover margin requirements and losses incurred. • Opportunity to borrow up to $15,000 of additional capital if needed at 10% interest plus $100 fee.

  3. Cotton FCOJ Domestic Sugar World Sugar Coffee Cocoa Feeder Cattle Live Cattle Lean Hogs Pork Bellies Corn Soybeans Soy Oil Soy Meal Oats Wheat Rough Rice Commodities Available for Trading

  4. Team 1 David Anderson - TAMU Al Wysocki - UF Carl Anderson – TAMU Bob Goodman - Auburn Team 3 Kurt Guidry – LSU Jim Rathwell – Clemson James Marshall – Ark. George Shumaker – UGA Don Shurley - UGA Trading Game Activity

  5. Team 4 John Anderson – MSU PJ van Blokland – UF Max Runge – Auburn Lee Meyer - UKY Team 5 Charles Forrest- MSU Tim Woods – UKY Nathan Smith – UGA Tony Windham – Ark Tim Hewitt - UF Trading Game Activity

  6. Team 6 Gene Johnson - LSU Emmit Rawls – UT Charles Curtis – Clemson Nick Piggot – NCSU Fritz Roka - FL Team 7 John VanSickle - UF Mark Waller – TAMU Kelly Bryant – Ark. Walt Prevatt – Auburn John McKissick - UGA Trading Game Activity

  7. Commodities Traded (thru 9/18)

  8. Commodities Traded

  9. Commodities Traded less Winner

  10. Commodities Traded less Winner

  11. Team Results

  12. Individual Results

  13. SEMC Trading Game Prizes • Top Trader – Max Runge, Auburn University • Top Team – Team 4, John Anderson, P.J. van Blokland, Lee Meyer and Max Runge • Most Challenged (i.e., biggest loser) – J. Walter Prevatt, Auburn University • Best All-Around Team – Team 5, Charles Forrest, Tim Woods, Nathan Smith, Tony Windham, Tim Hewitt (All but Hewitt made money)

  14. Next Years Challenge • Begin Trading January 7, 2002 • Contribution $10.00 • High Individual wins half for favorite charity • High Team (4 of 5) wins half for their favorite charity • Will be minor modifications to game

  15. SEMC Trading Contest Tim Hewitt & John VanSickle Food & Resource Economics Dept. University of Florida

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