The team from the University of economics in Bratislava (Slovakia) won the Rotman European Trading Competition (RETC), organized on 27 August by Luiss Guido Carli University of Rome and supported by the Institute.
This one-day invitational online event allows teams of four students to participate in a mock market where they face simulation cases including commodities, equities, and bonds. It is designed to reward the participants’ ability to accurately price securities and formulate profitable, risk-adjusted trading strategies. Thirty-three schools from 19 countries across Europe participated.
The team from the University of Bratislava came first for two of the case studies, the interest rate case presented by the EIB and the electricity trading case presented by Enel Electricity (ex-aequo with the team from Luiss Guido Carli). The team from the University of Warsaw won the algo trading case presented by Intesa San Paolo and came second ahead of the team from Luiss Guido Carli.
The structure of the RETC is similar to the very successful Rotman International Trading Competition (RITC), held annually in Toronto by the Rotman FRT-Lab of the Rotman School of Management at the University of Toronto, where 50 schools from around the world meet and compete in simulated markets.
The EIB, through the Institute has been cooperating with Luiss (Libera Università Internazionale degli Studi Sociali) in the fields of academic research, teaching and training since 2018. A STAREBEI research grant was signed in 2019 on “Changes in the European Financial Markets and the Financing of Non-Financial Firms”.
