{"id":535373,"date":"2021-09-08T07:04:13","date_gmt":"2021-09-08T11:04:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/moomoo-benzinga-launch-paper-trading-competition-to-support-esg-companies\/"},"modified":"2021-09-08T07:04:13","modified_gmt":"2021-09-08T11:04:13","slug":"moomoo-benzinga-launch-paper-trading-competition-to-support-esg-companies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/moomoo-benzinga-launch-paper-trading-competition-to-support-esg-companies\/","title":{"rendered":"Moomoo & Benzinga Launch Paper Trading Competition to Support ESG Companies"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n PALO ALTO, Calif.<\/span>, Sept. 8, 2021<\/span> \/PRNewswire\/ — moomoo, the popular\u00a0trading platform\u00a0for proactive traders, has announced the launch of registration for its paper trading competition\u00a0in partnership with Benzinga, the renowned financial news publication. The competition, which starts\u00a0on September 20<\/span>, 2021\u00a0will support trader education\u00a0and promote the advocacy of Environmental, Social & Governance (ESG) focused economies.<\/p>\n

\n

\n
\n \"(PRNewsfoto\/Moomoo
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“We\u00a0are thrilled to\u00a0announce the launch of our first-ever\u00a0US paper trading competition, which\u00a0will give moomoo users the\u00a0opportunity to\u00a0practice trading in a safe environment with simulated funds. Paper trading users will have access to our pro-grade tools,\u00a0which\u00a0combine the power of AI, industry-leading technical charting capabilities, real-time quotes and our\u00a0rapidly expanding active trading community,”\u00a0said Leaf Li, Futu’s Founder, CEO and Chairman of the Technology Committee CEO. “To give back to the community\u00a0and elevate awareness of environmental and social good, users will be encouraged to invest in ESG-focused company stocks. We will also be awarding\u00a0winners of the competition with ESG-related\u00a0stocks, such as Nvidia.” <\/p>\n

Registration begins on September 7, 2021<\/span> and ends October 15, 2021<\/span>. The competition starts on September 20, 2021<\/span> and ends six weeks later on October 29, 2021<\/span>. At the start of the competition, moomoo will offer\u00a0each participant the virtual buying power of\u00a0$200,000,\u00a0and they will each compete for the best profit and loss percentage\u00a0(P\/L %)\u00a0over the course of the competition.\u00a0The competition will offer top performers up to $5,000<\/span> in ESG-related company stock prizes.*<\/p>\n

moomoo and Benzinga have a shared vision for this competition\u2014to help promote financial inclusion, educate investors and inspire social good by showing investors that what is good for the environment can also be good for your wallet. The competition will help\u00a0participants sharpen their trading skills and test-drive new investment strategies\u00a0through a user-friendly paper trading platform,\u00a0without risking real money.\u00a0Benzinga will help guide investors during the competition by offering tips and tricks to help build a strategic portfolio, while moomoo will provide\u00a0competitors with its smart stock trading platform, which offers\u00a0investors\u00a0free\u00a0educational\u00a0courses on stock trading within the “moo community.”<\/p>\n

“Benzinga’s mission\u00a0is to connect the world with news, data and education that makes the path to financial prosperity easier for everyone, every day,”\u00a0said Jason Raznick<\/span>, Benzinga’s Founder. “The moomoo\/Benzinga paper trading competition is an incredible opportunity to provide this kind of invaluable, hands-on education to investors, and we’re honored to partner with a premier trading app like moomoo.”<\/p>\n

Participants can sign up for the\u00a0paper trading competition within\u00a0the moomoo app<\/a>. The total\u00a0prize pool is\u00a0worth up to $10,000*<\/span>,\u00a0and prizes\u00a0include stocks from Nvidia (NVDA) and Patterson Companies, Inc. (PDCO), both of which have an\u00a0AAA ESG rating by Morgan Stanley Capital International (MSCI) standards. Winners need to have at least $500<\/span> in their Futu brokerage accounts through the moomoo app to be eligible to redeem prizes. <\/p>\n

The first-place winner will receive\u00a024 NVDA stocks,\u00a0valued at roughly $5,000<\/span>. The second-place winner will be awarded 12 NVDA stocks.\u00a0The third-place winner will receive four NVDA stocks. The fourth- through one hundredth-place winner will each receive one PDCO stock. Please see full rules and details at moomoo<\/a>.<\/p>\n

\n
\n About Moomoo Inc.<\/u>
\n <\/b>\n <\/p>\n

Headquartered in Palo Alto, California<\/span>, Moomoo Inc. is an indirect wholly-owned subsidiary of Futu Holdings Limited (Nasdaq: FUTU), with its mission to transform personal investing experience with an intuitive user interface, fully digitized trading platform in the US and globally. For more information about moomoo, please visit the company’s official website, www.moomoo.com<\/a><\/u>. <\/p>\n

\n
\n About <\/u>
\n <\/b>
\n
\n Benzinga\u00a0 <\/u>
\n <\/b>\n <\/p>\n

Benzinga is a content ecosystem that makes information easier to consume. Their mission is to connect the world with news, data and education that makes the path to financial prosperity easier for everyone, every day. From breakouts to unusual volume, analyst ratings, futures and options, Benzinga is the leading full-service, one-stop shop for investors of all stripes and styles.<\/p>\n

*Stock prices based on 09\/01\/2021<\/span>
All amounts in U.S. dollars unless otherwise noted.<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/moomoo–benzinga-launch-paper-trading-competition-to-support-esg-companies-301371063.html<\/a><\/p>\n

SOURCE Moomoo Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire PALO ALTO, Calif., Sept. 8, 2021 \/PRNewswire\/ — moomoo, the popular\u00a0trading platform\u00a0for proactive traders, has announced the launch of registration for its paper trading competition\u00a0in partnership with Benzinga, the renowned financial news publication. The competition, which starts\u00a0on September 20, 2021\u00a0will support trader education\u00a0and promote the advocacy of Environmental, Social & Governance (ESG) focused economies. “We\u00a0are thrilled to\u00a0announce the launch of our first-ever\u00a0US paper trading competition, which\u00a0will give moomoo users the\u00a0opportunity to\u00a0practice trading in a safe environment with simulated funds. Paper trading users will have access to our pro-grade tools,\u00a0which\u00a0combine the power of AI, industry-leading technical charting capabilities, real-time quotes and our\u00a0rapidly expanding active trading community,”\u00a0said Leaf Li, Futu’s Founder, CEO and Chairman of the Technology Committee CEO. “To … <\/p>\n

Continue reading “Moomoo & Benzinga Launch Paper Trading Competition to Support ESG Companies”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-535373","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMoomoo & Benzinga Launch Paper Trading Competition to Support ESG Companies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/moomoo-benzinga-launch-paper-trading-competition-to-support-esg-companies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moomoo & Benzinga Launch Paper Trading Competition to Support ESG Companies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire PALO ALTO, Calif., Sept. 8, 2021 \/PRNewswire\/ — moomoo, the popular\u00a0trading platform\u00a0for proactive traders, has announced the launch of registration for its paper trading competition\u00a0in partnership with Benzinga, the renowned financial news publication. The competition, which starts\u00a0on September 20, 2021\u00a0will support trader education\u00a0and promote the advocacy of Environmental, Social & Governance (ESG) focused economies. “We\u00a0are thrilled to\u00a0announce the launch of our first-ever\u00a0US paper trading competition, which\u00a0will give moomoo users the\u00a0opportunity to\u00a0practice trading in a safe environment with simulated funds. 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