3 October 2011 (Dubai, UAE): MBA students from Manchester Business School (MBS) Middle East Centre have demonstrated their skills in an investment and trading competition organised by Saxo Bank, the specialist in online trading and investment. Participating students were given an initial virtual sum to invest online with Saxo Bank over a 30-day period. The winning MBA student (Rajeev Sivadasan) made a 300 per cent return on his original investment - twice the return of the first runner up - and was presented with an IPad2 by the CEO of Saxo Bank (Dubai) Ltd., Mr Jakob Beck Thomsen.

The competition ran from 1st August 2011 until 1st September 2011. Participating MBS students were provided with a demonstration account of Saxo Bank's award-wining platform, SaxoTrader, and US$100,000 in virtual money to invest in the capital market in any of the Saxo Bank products ranging from Contract Futures, stocks, FX Spot, FX Forwards, FX Options, CFDs, CFDs on Indices and CFDs on Futures. Competition winner, MBS MBA student Rajeev Sivadasan, made a return of US$295,539 on his original US$100,000 - a profit of US$195,539 - significantly ahead of the competition's four runners-up.

The Saxo Bank Investment and Trading competition awards were presented at a special lecture for MBS MBA students on trading options, by Mr Gustave Rieunier, Global Head of FX Options & Forward Trading at Saxo Bank, who spoke about trading in the Capital Market and in particular Options, and also about career opportunities in Trading and Investment Banking.

Jakob Beck Thomsen, CEO of Saxo Bank (Dubai) Ltd., commented on the event and competition: "We like talent and this event was a great opportunity for talented business students who are interested in learning more about trading and investment, not just in this turbulent market we have been experiencing, but in more settled markets too. The competition gave a lot of talented students the opportunity to gain experience in trading and investing in the capital markets, and the results were very impressive."

MBS Middle East Director, Ms Randa Bessiso, added: "This investment and trading competition attracted a lot of interest from our MBA students in the Middle East and provided a great opportunity to experience very realistic trading and investment situations, helping students better understand capital markets and investment decision making - as well as enjoyable competition. Students also learned more about the banking industry and gained valuable insights into career opportunities that exist. We congratulate Rajeev on winning, and the runners-up, and thank all participating MBA students, as well as Saxo Bank (Dubai) for giving our students this enjoyable and practical learning experience."

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Manchester Business School is the UK's largest campus-based business and management school. It provides a comprehensive range of undergraduate, postgraduate and custom-made executive programmes, for organisations from both the private and public sectors. Manchester Business School holds triple MBA accreditation - AMBA, EQUIS, AACSB. All successful MBA students are awarded a degree by the University of Manchester and no distinction is made between the different learning formats - all have reached the same high standard expected of a Manchester MBA.

Issued on behalf of Manchester Business School Middle East by WPR.

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© Press Release 2011