Chicago, IL (May 2, 2016) – Ernst & Young (EY) announced that CEO Michael Patak of TopstepTrader LLC® is a finalist for the EY Entrepreneur Of The Year® 2016 Award in the Midwest, which encompasses Illinois and Wisconsin.
The awards program, which is celebrating its 30th year, recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Patak was selected as a finalist by a panel of independent judges. Award winners will be announced at a black-tie celebration on June 15, 2016 at the Navy Pier Grand Ballroom in Chicago.
Many retail traders worldwide enter into the markets confident yet unprepared and end up losing significant amounts of money. This is usually due to lack of education, community, and experience. After Michael lost $90,000, he was fortunate to have the opportunity to fine tune his approach on a trading simulator with real risk parameters - something most retail traders don’t have access to. Integrating the fundamentals he learned through the simulator, along with following simple rules and setting a loss limit, saved his trading career.
With this experience, Michael realized there was a large void in the trading industry. He launched TopstepTrader to give traders a risk free way to make money in the markets - through learning, developing, and earning a Funded Account™ with no personal capital contribution. Since launching in 2012, TopstepTrader has helped thousands of individuals become better traders, and has funded over 687 accounts. “Our mission is to empower anyone, anywhere, to earn the financial freedom to pursue their dreams,” said Michael. “Just last week, we had a trader withdraw $10,329 and that’s what fuels me, seeing real people become successful and profitable traders in a safe environment.”
The EY Entrepreneur Of The Year program has expanded to recognize business leaders in more than 145 cities in more than 60 countries throughout the world. Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year National Program. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the EY Entrepreneur Of The Year National Awards gala in Palm Springs, California, on November 19, 2016. The awards are the culminating event of the Strategic Growth Forum™, the nation’s most prestigious gathering of high-growth, market-leading companies.
Founded and produced by EY, the Entrepreneur Of The Year Awards are sponsored nationally by SAP America, Merrill Corporation, and the Ewing Marion Kauffman Foundation. In the Midwest, region sponsors include LaSalle Network, Plexus Groupe, PNC Bank, Becker Professional Education, Cresa Chicago, Chatham Financial, DLA Piper and 1871.
About TopstepTrader LLC
TopstepTrader® is the only firm of its kind, whose sole purpose is to fund traders. The funding process consists of a trader's performance being evaluated in a Trading Combine® - a real-time, simulated account. If traders can follow the risk criteria and meet the profit targets, they receive a Funded Account™ where they trade real capital, keeping up to 100% of the profits. To date, TopstepTrader has funded hundreds of traders, averaging more than 40 new funded traders a month. For more information, please visit us at topsteptrader.com.
About EY Entrepreneur Of The Year®
EY Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
About EY’s Strategic Growth Markets practice
EY’s Strategic Growth Markets (SGM) practice guides leading high-growth companies. Our multidisciplinary teams of elite professionals provide perspective and advice to help our clients accelerate market leadership. SGM delivers assurance, tax, transactions and advisory services to thousands of companies spanning all industries. EY is the undisputed leader in taking companies public, advising key government agencies on the issues impacting high-growth companies and convening the experts who shape the business climate. For more information, please visit us at ey.com/us/strategicgrowthmarkets, or follow news on Twitter @EY_Growth.
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