EF postgraduates receive top rankings in international trading competition

A CB postgraduate team has been ranked top three in a subsection trading case and finished eighth overall in the Rotman International Trading Competition (RITC). The competition, hosted by Rotman School of Management at the University of Toronto, was held in Canada from 20th to 22nd February.

The CB team consisted of six postgraduate students led by Dr Michael Wong, Associate Professor of the Department of Economics and Finance and Programme Director of Master of Science in Finance, Financial Services, and Financial Engineering.

The CB postgrads were competing against 52 other teams from leading universities and educational institutes around the world, including MIT, Chicago, Stanford, Berkeley, Duke, and UCLA. The team ranked among the top three in one of the subsection trading case – Algo Trading, and was placed no. 8 in the overall result. The participating students were delighted with their result and voiced their appreciation for the support from the College and the Department.

In preparation for the competition, the team spent countless hours identifying trading strategies, reviewing financial theories, and updating their programming skills for financial modelling.

“As their mentor, I am impressed and delighted to see their efforts and competencies being recognized in this joint University competition.” Dr Wong said.

CB Team members:

CHAI Jibang, MSc Finance Year 1 student
JIANG Meifang, MSc Finance Year 1 student
LENG Xiaohan, MSc Financial Engineering Year 1 student
LI Zhishen, MSc Financial Engineering Year 1 student
SONG Siyuan, MSc Financial Engineering Year 1 student
WANG Yachao, MSc Finance Year 1 student

About the RITC

The Rotman International Trading Competition is an annual event held in Toronto, the heart of Canada's financial district. It is hosted by the Rotman School of Management at the University of Toronto. The competition brings teams of students and faculty from universities worldwide to participate in a unique 3-day conference. Teams are given simulated trading cases that are pertinent to current market trends, and they are required to analyse, provide solutions, and make decisions on the cases through an order-driven market simulator called Rotman Interactive Trader.