CME Group calls on college students to register for futures trading challenge

Rick Steves

“We encourage all university students who want to learn about derivatives markets and test their trading skills to participate in this unique hands-on educational experience.”

CME Group has announced the 19th University Trading Challenge, which will be held in October 2022, and is calling on global college students looking to pursue careers in finance and markets to register.

The challenge allows teams of undergraduate and graduate students to experience real-time futures trading in a number of CME Group’s markets across multiple asset classes on a simulated, professional trading platform provided by CQG.

Throughout the four-week-long challenge, participating students will receive live market updates through Dow Jones newsfeeds and The Hightower Report.

CME Group enables clients to trade futures, options, cash, and OTC markets, optimize portfolios, and analyze data.

Demand for hedging and risk management strategies

Anita Liskey, Global Head of Brand Marketing and Communications at CME Group, commented: “The many uncertainties in today’s global economies are driving increased interest in and demand for hedging and risk management strategies. We encourage all university students who want to learn about derivatives markets and test their trading skills to participate in this unique hands-on educational experience.”

University teams can participate on a student-led team or in cooperation with a faculty advisor, who will have early registration access to register their teams beginning today at 9:00am CT.

Registration for the general student population opens Wednesday, September 7 at 9:00am CT, and closes on Thursday, September 29 at 5:00pm CT. The live competition begins on Sunday, October 2 at 5:00pm CT and concludes on Friday, October 28 at 4:00pm CT.

Last year, a total of 386 teams comprising more than 1,500 students from 24 countries competed, with the winning team coming from Colombia’s University of Bogota Jorge Tadeo Lozano.

In addition to interactive events like the University Trading Challenge, CME Group also partners with other industry organizations to offer educational tools, such as Futures Fundamentals, a one-stop educational resource that explains the role of futures markets in everyday life. The goal of the site is to make financial education an engaging experience for anyone, regardless of how well versed they are in the world of finance.

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