Pandemic leads COINS students to expand operations and educate each other and the general public about commodity marketsArticle Date : 05/07/2020
When student members of Virginia Tech’s Commodity Investing by Students, or COINS, group heard that spring break was going to be extended for a week and that classes would then move online, they quickly began to think of ways they could keep operating from a distance.
For some members, that distance was farther than others.
Colburn Hassman, a senior from Kilmarnock, Virginia, was vacationing in Sweden when he heard the news. But as someone who spent his entire sophomore year abroad, Hassman was prepared to finish out the semester in Stockholm, Sweden, where he now lives with friends he met as a sophomore studying abroad.
“Having Colburn in Sweden has allowed us to add an international time zone, which is cool for a trading and investment group because when we’re sleeping, Colburn might be up checking on the markets and thinking of strategies so he’ll send us messages on things we can work while he winds down his day and vice versa,” said Muralidhar. “This is really cool because this is what happens at trading and investment firms in the professional world – they’ve got people sitting in Europe, sitting in Asia, so that when markets close in one area, there are people awake in other areas who are ready to act.”
While the markets have been extremely volatile, COINS members have continued to show their interest by putting in extra time and effort to understand and analyze how societal, agricultural, and political systems are connected and influence commodity markets.
COINS is housed in the Virginia Tech Department of Agricultural and Applied Economics in the College of Agriculture and Life Sciences, through which Hassman is completing his bachelor’s degree this semester, and manages investments of up to $1 million for the Virginia Tech Foundation.
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Article Date : 05/05/2020
The RADIO IQ News staff was honored with 10 awards from the Virginias Associated Press Broadcasters.
For the third consecutive year, RADIO IQ was named Outstanding News Operation of the Virginias. “I’m proud that the work of our entire team has been recognized so consistently,” News Director David Seidel said. “Strong individual reporting with the goal of serving our communities will always result in great journalism.”
In addition to the Outstanding News Operation award, RADIO IQ was also recognized with a first place award in the Continuing News category for its coverage of the February 2019 scandals involving the governor, lieutenant governor, and attorney general.
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Article Date : 03/27/2020
To provide quicker payments and to be responsive to the needs of those working remotely, the Virginia Tech Foundation has developed a new method for enrolling in direct deposit online. We encourage you to begin taking advantage of this new paperless option today by going to https://vtf.org/directdeposit and logging in with your Hokies account to get started. After your enrollment has been processed we will send an email confirmation to your registered work email address. You will also be notified via email from our bank (Wells Fargo) when a payment has been processed on your behalf. Please let us know if you have any questions or concerns by emailing firstname.lastname@example.org.
Article Date : 03/26/2020
In order to be responsive to the needs of those working remotely, the Virginia Tech Foundation has developed a method for submitting Requests for Payment to the Foundation electronically. We encourage you to begin taking advantage of this paperless new option today by going to https://vtf.org/rfp . Complete procedural guidelines are available on our website at https://vtf.org/paperless-request-payment-submission. When you submit requests electronically, please keep these items in mind:
• You DO NOT need to get physical penned signatures when submitting electronic requests
• DO NOT submit paper copies of your submitted request
• Be sure to retain the original receipts for the transaction for ONE YEAR should any questions or audit inquiries arise
• Any Personally Identifiable Information (PII) will need to be blacked out by the department prior to submitting backup documents
• You will need to log in to the new system using your Hokies account
To continue to offer flexible options for processing, all of the Foundation’s previously identified methods for submitting Request for Payments are still available. Please let us know if you have any questions or concerns by emailing email@example.com.
Article Date : 03/17/2020
The VTF is committed to providing the highest level of service as we all adapt to the COVID-19 pandemic. The following measures are being implemented to assist employees working remotely and to facilitate adherence to recommended social distancing.
Requests for Payment:
• To the extent possible please continue to send your requests for payment (RFP) by campus mail. Note that if you plan to drop your RFPs off at the VTF offices, VTF will ONLY be accepting these in the drop box located on the second floor of the University Gateway Center (UGC) next to stairwell B.
• VTF will also temporarily be accepting RFPs and all required documentation by email. Please forward requests to firstname.lastname@example.org. Original documentation must still subsequently be sent to VTF and please be sure to note on the originals that the payment has already been submitted by email. Please send original documents by campus mail or place them in the drop box.
• To the extent possible please continue to send your Other Income Deposit forms along with checks that are to be deposited in campus mail. VTF will not accept cash deposits by mail so please follow the drop off procedures below.
• Until further notice, VTF will ONLY accept deposits in the designated drop box located on the second floor of the UGC next to stairwell B. VTF Accounting will send receipts by email.
• To the extent possible please continue to send your transfer forms by campus mail. VTF will also accept transfer forms in the designated drop box located on the second floor of the UGC next to stairwell B.
• VTF will also temporarily be accepting transfer forms and all required documentation by email. Please forward requests to email@example.com. Original documentation must still subsequently be sent to VTF and please be sure to note on the originals that the transfer request has already been submitted by email.
New/Change Fund Forms
• To the extent possible please continue to send New/Change Fund Forms and supporting documentation by campus mail. VTF will also accept New/Change Fund Forms and supporting documentation in the designated drop box located on the second floor of the UGC next to stairwell B.
• VTF will also temporarily be accepting the New Change Fund Form and all required documentation by email. Please forward requests to firstname.lastname@example.org. Original documentation must still subsequently be sent to VTF and please be sure to note on the originals that the request has already been submitted by email.
Please call VTF at 540-231-2861 with any questions. Please be aware that VTF intends to continue to process all transactions promptly, however some of these temporary procedures may slow our normal processing times. Thank you for your cooperation during this challenging time.
VTF is considering other alternative processing methods and this document will be updated as additional options become available so please check back often at https://vtf.org/updates
Effective: March 17, 2020