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    MMF and MSF Students Win Third Place in Trading Competition

    A team of Master of Mathematical Finance and Master of Science in Finance students won third place at the University of Chicago Midwest Trading Competition. IIT Team members Xi Liu (MMF candidate, team captain), Rui Tu (MMF candidate), He Wang (MSF candidate), Yuchen Zhang (MSF candidate) received a $1,000 prize. The competition was sponsored by OptionsCity Software and CME Group at the University of Chicago held April 12th and 13th.

    The competition focused on algorithmic trading, with case studies covering pairs trading, market making, and mathematical market modeling. The IIT students bested teams in the Mathematical Models of the Market category. The other top graduate schools competing in this category with financial engineering programs included John Hopkins University with two teams and the University of Chicago with five teams. Two teams from the University of Chicago took home the first and second prizes.

    Last modified: 04/28/2014 13:55:59

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