By José Ángel de la Paz

Miguel Ángel Vázquez Rubio, Master in Finance student at EGADE Business School, won first place in the Actinver Stock Market Challenge 2019.

In this competition, participants received one million virtual pesos to invest in a Mexican Stock Exchange simulator.

After six weeks of transactions, including buying and selling stocks, the three overall winners were selected on the basis of the investment portfolios that achieved the best returns.

¡Felicitamos a todos los participantes y ganadores del @retoactinver ! pic.twitter.com/TqGaJvmfjm

— Bolsa Mexicana (@BMVMercados) December 4, 2019

In this eleventh edition of the challenge, Vázquez Rubio won first place with a 27.59% profit, outperforming more than 10 thousand competitors.

“To win, you need to take risks. For example, in stock market simulators, if you play with an aggressive rather than a conservative investment strategy, you will obtain the best results,” commented the student.

Vázquez Rubio highlighted the technology tools to which he has access as a Master in Finance student and that help him to master the stock market facet of the world of finance, such as the Bloomberg, Reuters EIKON and S&P Capital IQ platforms, available in the EGADE Business School’s Business Intelligence Room.

The Actinver Stock Market Challenge 2019 award ceremony took place on December 3rd at the Mexican Stock Exchange in Mexico City.