Press Room

About » Press Room » Press Release

« Back to current press releases

Contact:
Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


FOR IMMEDIATE RELEASE

BESTDirect Traders Challenge For Futures And Forex Traders Begins Monday, August 4

$40,000 total in weekly cash prizes,
$50,000 end–of–contest cash award for the account with the greatest profit

CHICAGO, July 22, 2008: PFGBEST.com is sponsoring a new competition for both futures and forex traders, using the company's proprietary electronic trading platform BESTDirect 8.0. The BESTDirect Traders Challenge runs for 20 weeks, from Monday, August 4 through Friday, December 19, 2008.

Each week's winner, based on profit alone, receives $1,000 in cash from PFGBEST.com. The second place winner receives $600 and third place winner receives $400 — with these cash prizes all awarded on a weekly basis on results calculated at 4:00 p.m. Central time on Fridays. [1]

The contest is open to anyone who funds a futures, forex or combined futures/forex trading account with up to $10,000 (maximum) on the BESTDirect 8.0 trading platform. Contestants can enter with more than one account and can begin participating at any time during the duration of the contest. The competition helps further establish the track record for any trader or money manager that participates. This is a live trading event.

PFGBEST.com President Russ Wasendorf, Jr., said the firm has been very successful at attracting emerging, accessible and risk–appropriate investment programs. “Trading competitions help us identify up–and–coming trading talent. By fostering and showcasing a variety of innovative diversification strategies, we are able to help create and distribute trading products. PFGBEST.com is focused on opportunities for our clients where the barrier to entry is greatly reduced, for investors who have $5,000 to $25,000 to put into such a strategy. This is part of our overall goal of leadership in sustainable investing practices,” Wasendorf said.

PFGBEST.com is one of the largest non–clearing U.S. futures commission merchants, with customers, affiliates and brokerage offices in more than 80 countries. It offers a diverse range of trading and investor products and services for retail investors as well as for commercial and institutional clients. The company is a leader in managed funds and forex, full–service brokerage, trader education, research, and direct online futures trading through its BESTDirect platform, now celebrating its 10th anniversary.  Please visit www.pfgbest.com.

To learn more about BESTDirect 8.0 and to enter the BESTDirect Traders Challenge: http://www.pfgbest.com/challenge/

Or, e-mail or call Ms. Debra Stepanek at (312) 775–3580 or toll free at (888) 706–0124.

Certain conditions and trading parameters apply.  Void where prohibited by law.