2nd Annual Rotman European Trading Competition Hosted by University of Rome.
September 12, 2016
Toronto – A team from the BMO Financial Group Finance Research and Trading Lab travelled to Rome last month to run the second annual Rotman European Trading Competition hosted by LUISS Guido Carli University of Rome.
Twenty-nine teams from universities representing each European Union country plus Norway participated in the competition which took place from August 25 to 27. A team from the host university won the event with a team from the University of Warsaw placing second.
Representatives from the University of Toronto’s Rotman School of Management were Prof. Tom McCurdy, Founder and Director of the finance lab; Marco Salerno, lab manager; Eric Kang, lab assistant manager; Amanda Wildi, lab assistant and Rotman Commerce student; and Jeremy Chiu, lab assistant and Rotman Commerce student. The Rotman team delivered the competition cases which tested participant’s decision-making skills in a variety of risk management and trading role. The competition utilized the Rotman Interactive Trader, an order-driven market simulator, which was developed in-house at the Rotman School, which is used by universities and professionals around the world.
“Participants embraced uncertainty, applied probabilistic thinking and derived risk-informed decisions appropriate for the learning objectives of each case,” says Prof. McCurdy.
ENEL (an Italian Energy company) was the main sponsor of the event and also sponsored the Electricity Trading Case. Silver level sponsors were the European Investment Bank Institute and Generali. Additional support was provided by Fineco Group.
In addition, Sergio Marchionne, CEO of Fiat Chrysler Automobiles, and the CEO of Ferrari, attended the closing ceremony and gave the awards certificates to the top 3 teams.
The Rotman School’s BMO Financial Group Finance Research and Trading Lab is designed to promote experiential learning in the area of financial markets and data. The competition cases are implemented on the highly acclaimed Rotman Interactive Trader application, a market simulation tool being used in over 55 universities and financial institutions around the world. Further information on the lab is available athttp://financelab.rotman.utoronto.ca/
The Rotman School of Management is located in the heart of Canada’s commercial and cultural capital and is part of the University of Toronto, one of the world’s top 20 research universities. The Rotman School fosters a new way to think that enables our graduates to tackle today’s global business and societal challenges. For more information, visit www.rotman.utoronto.ca.
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