Finance, econ students have just a few days left to sign-up for annual futures trading competition

NewsUSA -- It’s that time of year again: CME Group, the world’s leading derivatives exchange, is calling on college students with an interest in finance to team up and try their hand at futures trading. Registration for its 19th annual University Trading Challenge is now open through Thursday, September 29, and there is no cost to enter.

Photo: Adam Nowakowski/Unsplash

As part of the innovative competition, teams of three to five graduate and undergraduate students from the same university are invited to learn expert techniques using a real-time, simulated trading platform provided by CQG, a leading provider of financial markets technology solutions.

Participants will trade CME Group futures and options contracts across the exchange’s main asset classes -- including interest rates, equity indices, foreign exchange, energy, agricultural products, metals and crypto.

CME Group will also provide students with educational content and market commentary, in addition to live market data and premium news articles from Dow Jones and The Hightower Report.

This year’s challenge officially kicks off on Sunday, October 2 and concludes on Friday, October 28.

"The many uncertainties in today's global economies are driving increased interest in and demand for hedging and risk management strategies," says Anita Liskey, Global Head of Brand Marketing and Communications at CME Group. "We encourage all university students who want to learn about derivatives markets and test their trading skills to participate in this unique, hands-on educational experience."

Each eligible member of the winning team will receive a $2,000 cash prize*. Additional prizes will be awarded for second through fifth place.

Student participants will also have the opportunity to attend CME Group’s Day of Market Education. This one-day forum will provide them with an exclusive look into CME Group and the derivatives industry.

CME Group is committed to educating the next generation of finance professionals on the significance of its global derivatives markets and risk management. In addition to interactive events such as the University Trading Challenge, CME Group also partners with other industry organizations to offer educational tools, such as Futures Fundamentals, a one-stop educational resource that explains the role of futures markets in everyday life. Through interactive features and rich content, the site provides risk management education for learners of all levels and helps simplify complex market topics.

To register and view details on eligibility, rules, regulations and requirements, please visit: https://www.cmegroup.com/events/university-trading-challenge/2022-trading-challenge.html.

For social media updates throughout the competition, make sure to follow #TradingChallenge2022. *Eligibility to receive competition prizes is only open to residents in the United States (US), Canada (CA) excluding Quebec, United Kingdom (UK), Germany (DE), Netherlands (NL), Switzerland (CH), Republic of Korea (KR), Taiwan (TW), and Japan (JP).

Learn the ins and outs of sports betting

(Family Features) - If you're intrigued by the idea of earning a little extra cash while rooting for your favorite teams, sports betting may be right up your alley. However, betting is a sport in its own right, and competing requires skill and knowledge.

With top tier reporting, free and paid gaming, Yahoo Sports offers sports lovers unique opportunities to immerse themselves in the fan-powered betting experience.

Learn how you can get in on the sports betting scene with these tips from Minty Bets, Yahoo Sports' lead betting reporter and analyst.

Do your research. Before initiating any bets, be sure you understand basics like how to place bets and how your payout is processed. You should also get familiar with the laws about sports betting in your state. Go into your bets well-informed about the predictions and how the teams are performing.

Understand different types of bets. The moneyline bet is one of the simplest wagers in sports betting. You're simply picking whether a team will win or lose. The positive and negative numbers calculate the payout if your team wins. The positive numbers show how much you'll win if you bet on an underdog. The negative numbers show how much you need to bet in order to win with a favorite.

With totals, or over/unders, you're betting on whether the combined team scores will be over or under a predicted score. Parlays are another type of bet that let you combine multiple bets into one wager to minimize your risk with a maximum payout. The more bets you combine, the bigger the payout; however, if you lose one bet, you lose them all.

Set aside money for betting. Sports betting can become an expensive hobby, and with the unpredictability of the sports world, you can never count on a win. That's why it's important to only place bets with money you can afford to lose. Plan a sports betting amount as part of your regular budget that won't affect your ability to cover your bills or other financial obligations.

Take advantage of easy-to-use tools. For players new to sports betting, there are resources that can help you get up to speed. One example is Yahoo Sportsbook's How-To Guide, which includes information like terminology and how to calculate odds. For example, if you're not sure how your bet might pay out, a tool like the Bet Calculator can help you test different wagers. You can choose the amount you want to bet, select the odds you've been given or test to see the potential payout with the current odds and stake.

Know your limits. It's easy to get caught up in the excitement, so be sure to set a spending limit before you even look at the available bets or odds. Two good rules of thumb are to avoid putting too much into any single game (many experts recommend sticking to 1%-3% of your total budget, 5% being the maximum you should bet) and to limit your bets to sports you know. Betting without any knowledge of the game, the teams or their players' abilities is not a sound strategy.

Take an easy first step. If you're not ready to place a wager, another way to have fun is by playing single-game Daily Fantasy contests, where you can use your sports skills and knowledge to try to win cash and experiential prizes.

Get in on the game with more tips at sports.yahoo.com/sportsbook.

Winners named in The Sentinel Halloween photo contest

There were cute ones, there were silly ones and scary ones. We received 42 entries for The Sentinel's first-ever Halloween photo contest.

First off, a special thank you to Blondies for their generous donation to help make this contest possible.

Second, The Sentinel would like to thank everyone who entered the contest. You made it a difficult challenge selecting our top three winners which is why it took so long to make today's announcement. It was so difficult that The Sentinel made a witching hour decision to add one new category!

With so many cute baby and toddler photos, we created a separate catergory for those entries. We selected two runner-up photos and winner, each will receive a $25 Sentinel gift certificate good toward the purchase of a Signature Announcement. The winner of the Best Picture award will receive a $50 Sentinel gift certificate.

Runner-up for the Toddler category