Main menu:
1. CONTEST ENTRY AND ELIGIBILITY
The contest is open to the public and existing MMTTA students, graduates and clients. There is only one entry per person for each contest. The contest is not open to MMTTA directors and employees.
2. CONTEST PERIOD
The contest will begin on the first trading day of each month, and will end on the second Friday of the same month. All Entries must reach MMTTA by (5.00 PM New York time) on the second Friday of the contest month.
3. CONTEST REGULATIONS
The purpose of the contest rules is to ensure that every participant will have the same opportunity for success. MMTTA reserves the right to amend, waive or interpret any rule in its sole discretion and when doing so would be in the best interests of the contest. MMTTA has sole discretion to disqualify any entrant found in violation of the rules of the contest. Contest prize may increase with the level of difficulties and complexities of the contest.
4. DETERMINATION OF THE RESULTS
For MMTTA Trading contest, the result will be based on the closing price on the 15th June 2009. For the purpose of the contest results, Forex closing price shall be based on the closing price determined by Saxo capital. Futures and Equities closing price will be based on the closing price provided by the corresponding Exchanges. Closing price of ESM9 (E-Mini SP June 09) is based on CME settlement price on 15 June 2009.
5. DETERMINATION OF THE WINNER
For all MMTTA Forex, Futures and/or Equities contest, the winner will be determined as follows: The Entry within 50 Pips above or below the contest result for Forex contests. The Entry within 10 Ticks (min price movement) above or below the contest result for Futures/Equities contests. In the event that two or more Entries fall within the range of the contest result, the Entry that has been submitted earliest shall be the contest winner.
All taxes related to the prizes are the sole responsibility of the winners.
6. USE OF CONTEST FOR PROMOTIONAL PURPOSES
To be eligible for participation in the MMTTA monthly Contest, all participants must be willing to let their name, particulars and photos to be published and/or distributed by MMTTA, during and after the life of the contest.
7. POSTPONEMENT OR CANCELLATION
MMTTA reserves the right to extend the contest period, to change the starting date until after the first of each month, to change the closing date, or to cancel the contest if MMTTA, in it its sole discretion, determines that such action is reasonable or necessary. MMTTA, in its sole discretion, may reject any Entry for any reason.