Fore-Sight Management festival of the IIM Indore

 | October 15,2012 10:51 am IST

Ahvan, the annual management festival of the Indian Institute of Management, Indore has witnessed tremendous growth and an ever-increasing participation year on year. One of the major contributors to this success story has been the addition each year of new and unique events.

 

A prime example of such an event is Fore-Sight which has been generating massive buzz among finance enthusiasts for its intriguing format. Fore-Sight is an online trading event but one which is based on the forex markets instead of the regular equity markets. Contestants are excited by the fact that the event, being based on the foreign exchange markets, will be fast-paced and exciting. It also offers ample scope for the rookie traders to take on the trade enthusiasts as even small fluctuations in currency exchanges can cause a turnaround in the fortunes.

 

This year the event has as its sponsor Alpari Group. The Alpari Group has been among the worlds fastest growing financial companies and provides a wide variety of trading systems backed by the latest technology. Fore-sight will be inaugurated by none other than the CEO of Alpari India, Pramit Brahmbhatt. 

 

Fore-Sight will be a five day event starting at midnight on 16th of October. Participants will be given a trading account from which they place their trades.  At the close of markets on the fifth day, contestants with the maximum profit will be the winners. Its all to play for as prizes worth Rs. 20,000 are up for grabs.

 

The event is open to all full time MBA students, with each team comprising of two members. The event is all set to witness mammoth participation, as the organizers estimate over 200 teams to finally contest. With such competition, it can only be the shrewd, calculating trader with a foresight who will eventually prevail!

 

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. It is the responsibility of visitors to this website/investors to ascertain the terms and comply with any local law or regulation to which they are subject.This event is purely for educational purpose.

Concluded.

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