February 22, 2012
TORONTO, ON –Once again the best financial student traders from universities around the world will gather this week at the University of Toronto’s Rotman School of Management to vie for the championship at the ninth annual Rotman International Trading Competition. Participants include students from institutions in Canada, United States, Thailand, Australia, Italy, United Kingdom and Ireland.
The three-day competition, beginning on Thursday, February 23, enables students to apply their classroom knowledge on simulated trading cases that closely mimic different aspects of real-world markets. The competition will be run over the Rotman Financial Research and Trading Lab network using proprietary software called Rotman Interactive Trader. The software is currently being sold and used by over 35 institutions including universities, pension funds, and financial management firms worldwide.
“We’re looking forward to welcoming the participants to the Rotman School and to this global competition. Developing our own cases allows us to present challenges to the students that are pertinent to current market trends,” says Kevin Mak, manager of the Rotman Financial Research and Trading Lab and chief architect of Rotman Interactive Trader.
“Our cases are designed to evaluate students’ strategies and decision making when faced with risks and opportunities in volatile markets,” adds Rotman Prof. Tom McCurdy, who is also the Bonham Chair in International Finance and the academic director of the lab.
This year, students will compete in the following cases: BP Commodities Trading, CIBC Algorithmic Trading, Thomson Reuters QED Trading, Sales & Trading, Options Trading, and Quantitative Outcry. These cases will challenge the students in their ability to apply asset pricing models to understand key valuation and arbitrage characteristics across different markets.
The competition is generously support by BP Canada, CIBC, Thomson Reuters and S&P Capital IQ.
The Rotman School of Management at the University of Toronto is redesigning business education for the 21st century with a curriculum based on Integrative Thinking. Located in the world’s most diverse city, the Rotman School fosters a new way to think that enables the design of creative business solutions. The School is currently raising $200 million to ensure Canada has the world-class business school it deserves. For more information, visit www.rotman.utoronto.ca.
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Rotman School of Management
University of Toronto
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