Indiana University has won the 21st annual CME Group University Trading Challenge, a four-week competition with a record of nearly 570 teams of circa 2,300 students from 24 countries, representing 180 universities around the world.
The second spot went to Mexico’s Tecnológico de Monterrey, followed by ESLSCA Business School in Paris, France; ITESO Universidad Jesuita de Guadalajara in Mexico; and Luiss Guido Carli University of Rome, Italy.
Multi-asset trading via CQG supported by Dow Jones newsfeeds
Participants engaged in hands-on trading of agriculture, energy, metals, equity indices, interest rates, and foreign exchange futures contracts.
They operated on CQG’s real-time simulated electronic trading platform, with access to live market updates through Dow Jones newsfeeds and The Hightower Report.
This annual competition is a unique chance for students to learn hands-on techniques for trading futures. Teams consist of three to five members from the same university and each elect a student leader. Teams participate on a student-led team or in cooperation with a faculty advisor. Advisors have early registration access to register their teams. Advisors do not participate as members of the team during the Challenge and are ineligible to receive a prize if their team is a winner.
Eligible top teams will receive cash prizes, and all participants are invited to an exclusive in-person market education event on December 9. CME Group continues to emphasize education through resources like CME Institute and collaborations offering accessible trading knowledge for all levels.
“Record number of schools from around the world”
Anita Liskey, CME Group Senior Managing Director of Global Brand Marketing and Communications, said: “We are extremely pleased to have had a record number of schools from around the world compete in this year’s University Trading Challenge and congratulate all the winners. For more than two decades, CME Group has been introducing new generations to futures markets through this immersive, hands-on and fun trading experience.”
Pat Kenny, SVP of Client Relations at CQG, commented: “Congratulations to all of the winners and participants in this year’s University Trading Challenge. CQG remains committed to educating the next generation of derivatives traders. The competition offers students the unique opportunity to make trading decisions based on real-time CME Group data, CQG’s analytics, commentary and real-time news feeds from Dow Jones, and executed with CQG’s premier trade routing technology.”
