Teams from 31 universities from 19 countries will compete in the 5th Rotman European Trading Competition (RETC) organised online on 26 August by Luiss Guido Carli University of Rome, University of Toronto, Rotman School of Management, BMO Financial Group Finance Research and Trading Lab and supported by the Institute.

Last year’s competition was won by a team from the University of economics in Bratislava (Slovakia).

The competition is a one-day invitational online event that 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.

Its structure 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”.