MEMX, a market operator founded by members to benefit all investors, today announced the successful completion of a strategic equity round of funding

Innovative competition mimics real-life trading on virtual island archipelago, with a $50,000 USD prize pool up for grabsAMSTERDAM, Feb. 26, 2024 /PRNewswire/ -- Global market maker IMC today announced the return of its unique market simulation challenge, Prosperity. 'The world's most innovative trading challenge', Prosperity invites STEM university students worldwide to put their trading skills to the test in a virtual tropical island archipelago.Taking place from April 8-23, participants will take part in five trading rounds, where they will be tasked with a series of challenges designed to mimic many of the dynamics encountered in the trading industry. Players must compete alone or on a team to out-trade their competition, demonstrating positional and algorithmic trading skills and basic Python knowledge, in order to grow their island and put their team on the path to Prosperity."The launch of Prosperity in 2023 was a huge success. Students at more than 400 universities across 109 countries took part, with 94% of participants indicating they would now consider a career in trading," said Matthew Rose, Global Marketing Manager at IMC. "We're excited to invite new and previous participants to take part in round two of our fast-paced, creative competition, which features brand new challenges designed by some of our top traders

Ramon Puyane is set to join IMC Trading as its head of foreign exchange trading, following a break from the industry.