Tour skippers set to take rivalry off of the water with Alpari Skipper Trading Challenge PHOTO: Andy Carter / AWMRT
London, UK – 31 July 2012: The world’s top match racers are set to go head-to-head in a currency trading challenge as part of global online foreign exchange ("Forex", "FX") broker, Alpari’s title sponsorship of the Alpari World Match Racing Tour.
The nine Tour Card holding skippers will have the opportunity to call on advice from four of their crew members throughout the trading period, which runs until 26th September during Match Race France, at which point the top team will be awarded TAG Heuer Aquaracer watches as a prize for finishing first.
The Alpari companies are a leading association of global providers of online Forex trading services. Sailing fans worldwide will be able to follow their sporting heroes as they compete in the global Forex markets on Demo accounts, tracking progress at http://www.wmrt.com/tour-info/about-alpari.html
Each skipper will be equipped with a Demo account on the popular MetaTrader 4 trading platform and given half a million pounds in virtual money. The winners will be determined by the profit, or loss, on their account at the end of the trading period. As on the water, competition will be fierce as the teams hone their skills using the platform and build knowledge of the financial markets.
The Alpari Skipper Trading Challenge provides the perfect opportunity for the match racers to demonstrate many of their sailing skills in a new way. The ability to identify opportunities, calculate risk and react with lightning speed will stand them all in good stead as they learn to navigate the Forex markets over the coming months.
James Hughes, Chief Market Analyst at Alpari (UK), said: “Match racing and Forex trading require a very similar skill set – both take dedication and the ability to balance information with instinct to form an optimum strategy. We hope the Alpari Skipper Trading Challenge will help both sailors and sailing fans get better acquainted with the world of Forex trading and the opportunities this global USD4 trillion-a-day market has. We’ll be helping them out along the way with additional market analysis and educational tools!”
Four-time Tour Champion Peter Gilmour (AUS) YANMAR Racing, commented: “The Alpari Skipper Trading Challenge will be a great opportunity to compete against the other tour card holding skippers onshore and in a completely new environment. I have been a follower of the financial markets for a number of years and I am looking forward to applying my existing knowledge and strategy skills to this new challenge. Let’s place some trades!”
Gilmour will be joined by fellow Tour skippers:
Johnie Berntsson (SWE) Berntsson Sailing Team
Simone Ferrarese (ITA) Ferrarese Racing Team
Bjorn Hansen (SWE) Mekonomen Sailing Team
Laurie Jury (NZL) Kiwi Match Sailing
Pierre-Antoine Morvan (FRA) Vannes Agglo Sailing Team
Phil Robertson (NZL) WAKA Racing Team
Keith Swinton (AUS) Black Swan Racing
Ian Williams (GBR) Team GAC Pindar
Find out more about the Alpari Skipper Trading Challenge and Alpari’s sponsorship of the Alpari World Match Racing Tour here: http://www.wmrt.com/tour-info/about-alpari.html
| F | SF | QF | QR | ||
|---|---|---|---|---|---|
| FINAL | |||||
| Mathieu Richard |  |
2-0 | 3-1 | 3-2 | 7-4 |
| Taylor Canfield |  |
0-2 | 3-0 | 3-1 | 7-4 |
| PETIT FINAL | |||||
| Adam Minoprio |  |
1-0 | 0-3 | 3-0 | 5-6 |
| Ian Williams | .png&w=20) |
0-1 | 1-3 | 3-0 | 10-1 |
The King Edward VII Gold Cup is the oldest match-racing trophy in the world for competition involving one-design yachts. It was given at the Tri-Centenary Regatta at Jamestown, Virginia, in 1907 by King Edward VII in commemoration of the 300th Anniversary of the first permanent settlement in America. C. Sherman Hoyt won the regatta and was the first to accept the now historic cup.
After three decades of holding the Cup, Mr. Hoyt gave it to the Royal Bermuda Yacht Club and proposed a regular one-on-one match-race series in 6-Meter yachts. In his letter he expressed the propriety of “my returning a British Royal trophy to the custody of your club, with its long record of clean sportsmanship and keenly contested races between your Bermuda yachts and ours of Long Island Sound, and elsewhere...” The first winner of the Cup in its new format was the celebrated Briggs Cunningham, who was also the first skipper to win the America’s Cup in a 12-Meter.
In the post-war years, the Club placed the Cup in competition in 1956 for match-racing in yachts of the International One Design Class. Bert Darrell had the honor of being first to defend the Cup in this class and won it a total of six times.
By winning his seventh championship in 2004, Russell Coutts surpassed Darrell to become the event’s all-time winner.
Through the years Bermuda has won the Cup 21 times, the United States 17 times, New Zealand 10 times, Australia 5 times, the United Kingdom three times, and in 2002 Denmark claimed the King Edward VII Gold Cup for the first time.
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