Trading competition platform BullRush announced on Thursday that it has partnered with Newsquawk.
The partnership will see the two companies working together on trading competitions on the BullRush platform that centre around Non-Farm Payrolls (‘NFP’) data.
These are monthly contests held on the company’s platform that last for one-hour, with traders able to compete on who can generate the highest returns in that timeframe.
“Most brokers and prop firms shy away from news trading due to the risk it presents,” said Trent Hoerr, Founder and CEO of BullRush. “But at BullRush, since it’s trader vs trader, we fully embrace it. These competitions are high-energy, skill-based, and incredibly engaging.”
London-based Newsquawk provides real time news updates to traders and financial institutions, via both audio and news feeds.
The partnership with BullRush will mean that winners of the NFP trading competitions get free subscriptions to Newsquawk worth $5,000.
- 1st Place – 6-Month Newsquawk Subscription
- 2nd Place – 3-Month Newsquawk Subscription
- 3rd Place – 3-Month Newsquawk Subscription
- 4th-10th Place – 1-Month Newsquawk Subscription
The first competition with the prize pool starts on Friday, with registrations already open for the competition.
“Timely, accurate information is the lifeblood of successful trading,” said Newsquawk CEO Mehul Patel. “By partnering with BullRush, we’re excited to empower traders with real-time market intelligence, helping them elevate their trading to the next level.”
This is the second major partnership in the prop space that Newsquawk has made in the last week.
At the end of March, the company announced a new partnership with technology provider FXAN, integrating its audio feed into the company’s platform.
BullRush launched last year and is unique in that it purely runs cash prized-based trading competitions, rather than operating as a broker or prop trading firm.