Samco launches season 2 of ITL
The second edition of the league will begin from the May 1 and conclude on March 31, 2017
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(From left to right) Jimeet Modi, CEO, SAMCO Securities Limited, Kapil Dev, former Indian cricketer and Vipul Modi, Chairman, SAMCO Ventures at the SAMCO Securities' launch of India’s First Market League in Mumbai (pic: Kamlesh Pednekar)
Discount broker Samco has launched season 2 of its Indian Trading League (ITL), a real stock market competition.
The second edition of the league will begin from the May 1 and conclude on March 31, 2017.
The League has added two new formats The Royale League and The Student's League to its existing four formats.The Royale League is for traders and investors investing with a capital greater than Rs 5 lakh and the Student's League is for student participants below the age of 27.
There are cash prizes of over Rs 1.5 crore to the winners across different formats and time periods. The winner of ITL Royale League will get a fund management contract of $1 million.
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First Published: Apr 28 2016 | 6:58 PM IST
