Baruch College Team Wins for the Sixth Time at the Rotman International Trading Competition.

 Toronto – For the sixth time, a team from the Master of Financial Engineering program at Baruch College in New York City has won the Rotman International Trading Competition. Another team from Baruch College placed second with students from the University of Ottawa finishing third. This year’s competition attracted more than 212 participants including student traders, analysts and risk managers representing 42 universities from across Canada, the United States, Europe, Asia and Australia. 
 
The University of Toronto’s Rotman School of Management hosted the 18th edition of the Rotman International Trading Competition online for the second consecutive year on February 25. The competition used the resources in the Rotman School’s BMO Financial Group Finance Research and Trading Lab, including the RIT Market Simulator, an order-driven market simulator, which was developed in-house at the Rotman School. The online format allowed the student traders from across the world to connect and engage in a competitive format in the simulated market challenge; as well as to network with each other. 
 
“Our simulation-based-learning cases integrate theory and practice, helping students enhance their modeling and coding skills and providing opportunities to practice making decisions when faced with uncertainty about outcomes.” says Prof. Tom McCurdy, the Bonham Chair in International Finance, who is also the academic co-director of the lab.  
 
“The real-time decision-making students experience in the cases helps them to understand the tangible aspects of operating in a competitive environment, including the stresses or emotions of working with time constraints and uncertainty,” says Craig Geoffrey, an assistant professor of finance, and the academic co-director of the lab.  
 
“By leveraging our experience in delivering virtual classes and activities over the past two years, participants were incredibly engaged throughout the competition on RIT Market Simulator,” said Bachir Chehab, associate director of the lab.  
 
The RITC 2022 Liquidity Risk Case was sponsored by MathWorks. 

The Rotman School of Management is part of the University of Toronto, a global centre of research and teaching excellence at the heart of Canada’s commercial capital. Rotman is a catalyst for transformative learning, insights and public engagement, bringing together diverse views and initiatives around a defining purpose: to create value for business and society. For more information, visit www.rotman.utoronto.ca

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Ken McGuffin
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Rotman School of Management
University of Toronto
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E-mail: mcguffin@rotman.utoronto.ca