Students from year 9 and 10 at Holden Lane High School and Sports College in Stoke-on-Trent took part in the Get Set Trading Challenge, an exciting real-life trading competition organised by London 2012 sponsor BP.
A small group of students were selected for the first session. They had to form their own trading company and traded barrels of oil as in real life. Students were required to assign roles such as accountact and analyst within groups. They then had to react to news items displayed on computer, analyse what they thought the effect would be on oil prices, decide how to trade, complete their trading forms and get them in and all of this within 3 -4 minutes.
Mr Donlan from Holden Lane said "it was a fantastic and valuable experience that the students really got into, it will become an annual event for pupils."
The Trading Challenge roadshow has been created in consultation with the London 2012 Organising Committee to give students a taste of the competitive world of business, while allowing them to explore some of the Olympic and Paralympic values.
BP is the official oil and gas partner and a sustainability partner of the Olympic and Paralympic Games. an important aspect of the Trading Challenge is the application of three of the seven Olympic and Paralympic values: determination, respect and excellence.