2009 Rotman International Trading Competition
Certificate Program students Jennifer Long, Reed Walker and Ozgur Tekin became the first team from Northwestern to participate in the annual Rotman International Trading Competition (RITC).
Hosted by the Rotman School of Management at the University of Toronto, the competition convened student/faculty teams from universities worldwide.
RITC uses simulated trading cases that closely mimic different aspects of real-world markets. This year’s competition included sales and trader, open outcry (pit trading) and natural gas futures trading cases.
Long, Walker and Tekin spent a month preparing for the competition, gathering information and advice from numerous Kellogg professors and students.
“Our lack of experience came up as a disadvantage compared to other schools which have continuously sent teams to the competition in the past years,” said Tekin, who helped organize and led the team. “However, we learned a lot, and we are looking forward to getting better results next year. Overall, we did better than average. For the bond trading case, we printed out huge tables of bid/ask values instead of making interactive excel sheets. This let us react faster to market changes, and we were among top teams in that category.”