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Queens University Trading & Investment Club

Queens University Trading & Investment Club. Welcome to the Second Meeting 2014/15. Order of business. Next Week Elect committee Registration SMF Update IB competition Sign up Demo. Paul McNulty - Fund Manager for Setanta Asset Management.

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Queens University Trading & Investment Club

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  1. Queens University Trading & Investment Club Welcome to the Second Meeting 2014/15

  2. Order of business • Next Week • Elect committee • Registration • SMF Update • IB competition • Sign up • Demo

  3. Paul McNulty - Fund Manager for Setanta Asset Management https://www.facebook.com/pages/Value-Investment-Institute/144303498960990?sk=likes

  4. QUTIC Committee President: • Dominic McNeill (Elected) • Brendan Boylan (Elected Vice President)

  5. QUTIC Committee Treasurer : • Patrick Toner • Jamie Mackenzie (Elected)

  6. QUTIC Committee Secretary: • NiamhQuin (Elected) • Lisa Hutchinson

  7. Registration For anyone who: • has yet to sign up • has yet to pay up • didn’t get an email from Chris last week…please reconfirm your QUB email address.

  8. Student Managed Fund

  9. QUSMF • Applications for the Student Committee have been reviewed. • Short listed candidates will now be interviewed. • Asked to prepare: • Maximum 2 page analyst report (B/H/S and 12m target) • Short presentation (without slides)

  10. QUSMF • Candidate interviews for the CEO role are tomorrow afternoon (Wednesday 15th) • CIO, CRO, CFO dates…..TBC • Sector heads and other roles will be allocated by the student committee. • CEO to schedule first full meeting of SMF.

  11. Student Managed Fund Trading Competition

  12. IB Trading Competition • Trading and Investing Competition using Interactive Brokers • US-centric platform • Real time data • Accessible from anywhere • Browser, iphone, ipad apps (order book) • We’ll run one competition from now until end of first semester

  13. IB Trading Competition • Last year we changed a £5 entry fund which was used as a prize pot. • 1st Aaron C Doyle £95 • Plus £75 from Quilter Cheviot • 2nd Ryan McGahon £57 (£19 risk adjusted prize) • 3rd Kevin Shannon £19 • Your committee will decide how the competition runs.

  14. IB Trading Competition Next steps • Register your interest • You will be invited to set up an account • You need to rememberyour: • username (you have to create one) • Password • Start trading!

  15. https://www.interactivebrokers.com

  16. Market tab to track market Configure your own watch list

  17. Account tab to track your portfolio • Cash balance • Current positions/prices • Average cost, PL, etc

  18. Products tab for charting, securities of interest

  19. Order Management placing/reviewing order • A order only becomes a trade once executed • At a minimum set BUY/SELL, quantity and symbol • Then ‘Preview Order’ and ‘Submit Order’

  20. IB Trading Competition Market (MKT) versus Limit (LMT) orders: • A MKT order executes at the best price • always executed subject to liquidity • price not guaranteed • A LMT order executes at a price no worse than the one you specify • pricelimit guaranteed • execution not guaranteed

  21. IB Trading Competition Remember: • when you buy you pay the ask price • when you sell you get the bid price So click on: • ask to buy • bidto sell • or use open/close Watch out for the tool tips

  22. IB Trading Competition Your portfolio is marked to market and reflects the current market price Your PL is unrealiseduntil you reverse your original trade. Then it becomes realised PL

  23. Questions?

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

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