A team of four business students from the University of Regina has finished third out of 1,909 teams from across Canada in the Montreal Exchange Options Trading Simulation contest. The students – Drayton Leflar, April Pyne, Brock Forbes and Drew Broadfoot – are in Dr. Saqib Khan’s BUS 494 Derivatives and Risk Management class. Each team is given a virtual cash account of $100,000 to build its options portfolio. Then they have to execute five separate strategies over an eight-week period. Also, they were given 50 securities that trade on the TSX to choose.