UTSC Trading Competition
The BRIDGE is pleased to welcome you to our 7th annual UTSC Trading Competition!
- Bill Chau, Supervisor, The BRIDGE
Using the Rotman Interactive Trader software, students learn how to trade financial securities with each other on a real-time basis, and how to quickly apply their knowledge of finance principles in a fast-paced, simulated trade floor experience.
Please note the following:
- Students are strongly encouraged to attend training workshops prior to the Trading Competition in order to practice and prepare. All details for Trading competition workshops are available at https://uoft.me/UTSCtrading
- Prizes will be awarded to the top 3 traders. All winners are invited to a networking session with a special guest from the financial industry.
Rules & Regulations
- There are two rounds of trading, each round presenting a unique case, with different risks and opportunities. Each trading round will be 45 mins in length. Traders much participate in both trading rounds.
- Traders will trade their case 4 times, each sub-heat lasting 8 minutes. Upon completion of a sub-heat, there will be an approximate 2-minute break while scores are saved and verified.
- Traders must sign in at least 10 minutes prior to their case start time. Cases begin exactly on the hour. Traders who are late for their case will immediately be disqualified from that sub-heat, and will be ranked last of the sub-heat.
- The integrity of the market is based on the participants of that market. It is highly suggested that all participants be diligent about maintaining market liquidity. In the event of "error-trades" occurring, where a price changes dramatically due to a lack of liquidity, trades will be broken. Parties that benefit from these abnormal trades will have their profits reversed, parties that have losses from these trades will retain them.
- In the event of a network/power/server failure where 10% or more of the traders are disconnected due to technical reasons, the case sub-heat will be rerun.
- The performance of each sub-heat is ranked by profit & loss (P&L). Trading rounds are ranked by averaging sub-heat rankings, not averaging overall P&L. Overall rankings are calculated by taking the average ranking of each round. In the event where there is a tie, the trader with higher overall P&L wins.
- Thursday, November 12, 2020
- 7:00pm - 9:00pm
- Time Zone:
- Eastern Time - US & Canada (change)