How is the winner identified?

The winner will be certified as follows:

• The contest will end at the time set out in Terms and Conditions;
• The winner will be announced by the organising party;
• The final results are announced within two business days of the contest closing; 
• The winner of the League is determined by:

1. Total NAV profit;
2. Profit Ratio (the key criterion);
3. Percentage of Maximum Relative Drawdown (secondary criterion, employed in the case leading contestants have the same NAV by the end of the competition).

• All awarded participants should match the criteria of fair participation (i.e. college/university students who took no prohibited actions in their accounts or on EXANTE social media);
• The organising party retains the right to delay the announcement in case additional investigation into the competition results is required;
• Following the announcement of the winners, results may be disputed on reasonable grounds within three working days.