SIF Students set new best for the program in 2010 Rotman Trading Competition
The Rotman International Trading Competition (RITC) is an annual event held in the heart of Canada's financial district, downtown Toronto. 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.
RITC utilizes simulated trading cases that closely mimic different aspects of real world markets. Having developed these cases in its state of the art Financial Research and Trading Lab, the RITC promises to present teams with challenges that are pertinent to current market trends.
In 2010, The UNB SIF team made up of Mary Jane and Megan McGuire, Keagan Marcus and Matt Graham eclipsed the previous SIF best of 13th overall position coming in 10th out of 43 schools. They were the third best Canadian School (behind U of A which was sixth and University of Toronto ranked eighth). MIT came first followed by Babson College and University of Queensland - Australia came third. Our students came in second place in the quant outcry, fifth place in the credit risk competition, 10th in the algo model and 24th in the BP Commodities competition. We outdistanced our Atlantic competition: St. Mary's came in 37th and Dalhousie came in 42nd. More details on the various teams and summary of scores here.
Thanks again to our coaches: Justin Lord who assisted the student in the quant outcry and algo competitions while Kevin Annett assisted the students in the credit risk competition. With the help of this years students, hopefully we will do even better next year.
Congratulations again Megan and Mary Jane McGuire, Keagan Marcus and Matt Graham.
