If ever there was an example of “girl power” at work, it was at the annual Trading Day Stock Market competition held at Stevens Institute of Technology in Hoboken, N.J. It was there on April 28 that the four-person team from Our Lady of Mercy Academy, a Catholic all girls school located in Newfield, was the one to beat amidst a nearly all-male playing field.
The competition provides students with an authentic, live trading experience.
Each team began with $1 million and followed a set of rules with the goal of being as profitable as possible by the closing bell. Throughout the competition, teams used TD Ameritrade’s Thinkorswim trading simulator program.
“We walked into the competition and quickly realized that our students were among the only women on the trading floor,” said Brooke Coyle, head of school. “While some young women may be intimidated by that, our girls jumped right in and quickly took the lead against 22 other high schools from New Jersey, Pennsylvania, New York and Rhode Island. We proudly accepted a second place win and couldn’t have had a better time.”
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