Queens University Trading & Investment Club

1. Queens University Trading & Investment Club Welcome to the First Meeting

2. Overview of QUTIC • QUTIC is a large and active society with the aim of educating its members on trading and investing through guest speakers, educational seminars and competitions. • QUTIC is eligible for Degree Plus (Route A) • You will get out what you put in! • The club will meet most Tuesdays during term time.

3. Follow QUTIC… Google “facebookQUB Trading & Investment Club” @qubtradingroom tradingclub@qub.ac.uk www.qubtradingroom.com

4. QUTIC Committee Applications President: Organising events to ensure the club provides an educational and enjoyable experience for all members Treasurer: Looking after the income and expenditure of the club Secretary: Effectively communicating with members and dealing with queries If interested in any positions, please come and speak to us at the end of this presentationor e-mail tradingclub@qub.ac.uk by this Friday The committee should reflect the diversity of the student population

5. Advisory Committee Dr Barry QuinnProgramme Director MSc Computational Finance and Trading  Chris Annett Trading Room Manager Dr Alan HannaLecturer in Finance Dr FotisPapailiasLecturer in Finance 

6. Student Managed Fund

7. QUSMF The Queen’s University Student Managed Fund (QUSMF) gives students the opportunity to be part of an investment management process. The goal is to achieve a return at least as high as the benchmark index which we have chosen to be the FTSE 350 with dividends reinvested. If interested, you must apply online as either a financial analyst or a member of the student committee. The deadline is this Thursday (9th) midnight.

8. Benefits • Provides a valuable and practical learning experience where textbook theory becomes tangible and relevant. • Sharpen a wide range of skills, from communication and persuasion to delegation and critical evaluation. • Improve employability in areas such as equity research and investment banking, and business in general, due to the real life, practical experience and responsibility gained from managing a pool of money. • Interact with industry professionals. • Something additional to talk about on job application forms and at interviews.

10. QUSMF Committee Applications The student committee consists of:Chief Executive Officer (CEO) – must be an effective leader of the student committeeChief Financial Officer (CFO) – must be an effective leader of the finance and accounting functionChief Investment Officer (CIO) – must be an effective leader of the investment functionChief Risk Officer (CRO) – must be an effective leader of the risk management and compliance function

11. CFA Research Challenge

12. http://www.cfainstitute.org/community/challenge/Pages/index.aspxhttp://www.cfainstitute.org/community/challenge/Pages/index.aspx

13. What is it ? • The CFA Institute Research Challenge is an equity research competition among student teams from the world’s top universities. • Students write an equity research report on a publicly traded company, and present their findings to an expert panel. • Students are mentored by industry professionals • Each university can enter one team of 4/5 students.

14. Schedule and Team commitment • In 2011, 72% of students participating in the CFA research challenge spent 50 hours or more researching the subject company • 26% of students spent 50 hours or more practicing and assembling their presentations. • CFA Ireland competition begins in November; the first meeting being in Dublin where you will be introduced to the selected company. • The QUTIC team should be prepared to work as a team over the full academic year 2014/2015, meeting regularly with each other and their appointed mentor. • They will also get the opportunity to speak directly to the company’s management team. • The CFA Ireland Final is in April 2015.

15. How to register your interest • As we are only allow to enter a team of 4/5 students those who are interested need to prepare a one page research analyst style report on a company of their choice. • This report should provide a defensible argument, using financial analytics, on your recommendation to buy/sell/hold this company’s shares. • Applicants may be required to give a short presentation (max 5 mins) on their research report. • Who would be interested in being involved ??

16. Useful Links for CFA Challenge • Helpful materials: http://www.cfainstitute.org/community/challenge/prepare/Pages/index.aspx • List of past global champions: http://www.cfainstitute.org/community/challenge/about/Pages/past_champions.aspx (note UCC reaching final in 2009). • FAQ: http://www.cfainstitute.org/community/challenge/about/Pages/research_challenge_faqs.aspx • Global schedule: http://www.cfainstitute.org/community/challenge/about/Pages/research_challenge_schedule.aspx • Videos of past finalists: • http://youtube.com/user/CFAChallenge

17. Student Managed Fund Trading Competition

18. IB Trading Competition • A semester long trading competition • Using a leading online trading platform; Interactive Brokers. • Each participant will have a virtual account with $1M in cash + approximately 30% leverage. • Allowed to invest primarily in US Equities, although there is access to derivatives and forex products for the more adventurous virtual investors!!

19. IB Trading Competition • Participants will compete against each other and all other financial market participants to achieve a maximum return over the period. • There will be real cash prizes for 1st 2nd and 3rd based on time weighted return and a risk adjusted return prize. • Details on signing up later…

20. Trading Simulation Student Managed Fund

21. Being a day trader • Oxyor’sMarket Trader is a intraday dealing room simulator which recreates the intense experience of being a day trader. • Simulated scenarios based on real historical trading days allow students to be a flow trader (both a market maker and or ‘market taker’). • Participants have to monitor markets and act on news and price changes, as well as give two-way prices and manage risks.

22. Being a day trader • During the simulation, the participants experience the stress, continuous demands, fast needed action and disappointments of a typical trading day. • Participants interact with other market players, both real and fictive. • Traded instruments will include: • Currencies, equities, commodities, bonds

23. Industry Professional Seminars

24. Hear from the coal-face! • We have invited a number of experienced trading and investment professionals to share their insights with you. • Gain insight into the practical realities of trading and investment. • Excellent opportunity for networking. • Check out events on the QUTIC website and facebook page

25. Initial Events Timetable Tuesday 14th October – trading competition setup Wednesday 15th October – successful applicants for the Student Managed Fund committee will be asked to present a buy, hold or sell recommendation for a company of their choice and submit a short report. Tuesday 21st October – Paul McNulty, a Fund Manager for Setanta Asset Management will be the guest speaker. Paul is a dedicated proponent of the value investment philosophy. His talk is about assessing the investment potential of a firm. We need your help (like “Value Investment Institute” on Facebook). After that – Join the student committee and help shape the future!

26. Questions?