Media Releases

Student traders to take part in the world’s largest trading competition at the University of Toronto’s Rotman School of Management

February 18, 2014

TORONTO, ON – More than 270 stu­dent traders from around the world will gath­er lat­er this week in Toron­to to par­tic­i­pate in the 11th annu­al Rot­man Inter­na­tion­al Trad­ing Com­pe­ti­tion (RITC). The world’s largest trad­ing com­pe­ti­tion will be held from Feb­ru­ary 20 to 22 for the first time in the new­ly estab­lished BMO Finan­cial Group Finance Research and Trad­ing Lab, which opened last fall at the Uni­ver­si­ty of Toronto’s Rot­man School of Man­age­ment. Fifty-two teams from uni­ver­si­ties as far away as Egypt, Thai­land, Hong Kong and Italy will par­tic­i­pate along with teams from across Cana­da and the Unit­ed States.

The RITC uti­lizes sim­u­lat­ed trad­ing cas­es that close­ly mim­ic dif­fer­ent aspects of real world mar­kets — includ­ing those for com­modi­ties, fixed income and options — as well as par­tic­u­lar strate­gies such as algo­rith­mic mar­ket mak­ing. In addi­tion, there will be two out­cry ses­sions which will recre­ate the tra­di­tion­al trad­ing floors.

BP Ener­gy Com­pa­ny is the spon­sor of the BP Com­modi­ties Trad­ing Case this year and CIBC World Mar­kets is the spon­sor of the CIBC Yield Curve Trad­ing Case. Addi­tion­al finan­cial sup­port for the com­pe­ti­tion is pro­vid­ed by Thom­son Reuters, Cap­i­tal IQ and CFA Soci­ety Toron­to.

The Rot­man School’s BMO Finan­cial Group Finance Research and Trad­ing Lab Lab is a ful­ly equipped lab designed to pro­mote expe­ri­en­tial learn­ing in the area of finan­cial mar­kets and data. The com­pe­ti­tion cas­es are imple­ment­ed over the high­ly acclaimed Rot­man Inter­ac­tive Trad­er appli­ca­tion, a mar­ket sim­u­la­tion tool being used in over 40 uni­ver­si­ties and mon­ey man­age­ment firms around the world. Fur­ther infor­ma­tion on the lab is avail­able at http://financelab.rotman.utoronto.ca/

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. For more infor­ma­tion, vis­it www.rotman.utoronto.ca.

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For more infor­ma­tion:

Ken McGuf­fin
Man­ag­er, Media Rela­tions
Rot­man School of Man­age­ment
Uni­ver­si­ty of Toron­to
Voice 416.946.3818
E‑mail mcguffin@rotman.utoronto.ca
Fol­low Rot­man on Twit­ter @rotmanschool
Watch Rot­man on You Tube www.youtube.com/rotmanschool