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WTI Futures Trading Challenge
March 26-31, 2023

The global benchmark for crude oil is fabulous at 40  

 

Take part in our special Trading Challenge to honor the 40th anniversary of WTI Crude Oil futures. Practice trading in a simulated environment with the most liquid  crude oil futures benchmark in the world. Use our established, time-tested market with around-the-clock liquidity and global participation as you get to know our suite of WTI contracts in a risk-free environment that mimics live markets.

Learn why WTI has amassed worldwide interest

Have a gas as you explore WTI futures and simulate trading with the world’s most liquid oil contract. Receive daily education lessons from CME Group's Owain Johnson, Managing Director of Research and Product Development. Gain valuable experience in a simulated environment while competing for a top spot.

Prizes for eligible participants

The top three finishers for this challenge will earn cash prizes. The top 40 finishers will also receive a complimentary copy of the recent book written by Owain Johnson, titled 40 Classic Crude Oil Trades.

 

This competition is open to residents in the United States (US), Canada (CA) excluding Quebec, *Brazil (BR), United Kingdom (UK), Germany (DE), Netherlands (NL), Switzerland (CH), Republic of Korea (KR), Taiwan (TW), and Japan (JP).

*Residents of Brazil must have a bank account in the United States to be eligible to receive a prize.

How to Register

New CME Account User

  1. Create a free CME account
  2. Verify email address
  3. Return to this challenge registration page
  4. Click on the "Enroll Today" button
  5. Enter your challenge name

Existing CME Account User

  1. Log in to your CME account
  2. Click on the "Enroll Today" button
  3. Enter your challenge name
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Get Started

  1. REGISTER: (NO PURCHASE NECESSARY) Register free with the CME Institute, which is where you will access the trading simulator.
  2. PREPARE: Arm yourself with product knowledge and practice before the contest starts by completing the pre-competition tasks outlined.
  3. COMPETE: Test your skills in the trading challenge beginning Sunday, March 26 at 5:00 p.m. CT / 22:00 UTC.

Competition Details

  • Throughout the Competition, all trades will be completed in the Challenge Simulator
  • All traders will begin with a virtual account of $100,000, with the goal of increasing the balance as much as possible by the conclusion of the competition
  • Participants must complete two (2) required education courses
    • Introduction to Crude Oil
    • Basic Principles of Micro WTI Crude Oil Futures
  • The top three eligible traders with the highest account balance and completed Eligibility Checklist at the end of five days will earn cash prizes and bragging rights
  • Top 40 eligible traders with the highest account balance will receive a copy of Owain Johnson's book titled 40 Classic Crude Oil Trades

Questions?

Please contact us at institute@cmegroup.com

 

Competition Dates

Starts:
Sunday, March 26 at 5:00 p.m. CT / 22:00 UTC

Ends:
Friday, March 31 at 12:00 p.m. CT / 17:00 UTC

Prize Details

Overall Leaderboard
First Place Prize: $2,500
Second Place Prize: $1,500
Third Place Prize: $850

Top 40 finishers will receive copies of Owain Johnson's book, 40 Classic Crude Oil Trades

 

 

* Trading challenge is conducted between Sunday, March 26 at 5:00 p.m. CT / 22:00 UTC - Friday, March 31 at 12:00 p.m CT / 17:00 UTC during the CME Group Session.

* Enter by 5:00 p.m. CT  / 22:00 UTC March 26, 2023

Enroll using the link and follow instructions. NO ACTUAL CASH WILL BE TRADED. Up to three cash prizes of up to US$2,500 available. US, UK, CA, BR, DE, NL, CH, JP, KR, and TW residents only.
Over 18 only. NO PURCHASE NECESSARY.
Full details and T&Cs here.