Greenwich University’s student team finished first in the 2013 University Trading Challenge held at Greenwich University on December 12nd 2013.
Greenwich University’s student team of Bradley Nobbs, Dritero Agolli, Riaz-ul Islam and Gianluca Sonnino, finished first out of 13 teams competing in the University Trading Challenge in London on December 12th, 2013. The Greenwich Team was part of the 52 graduate university students that participated in a financial trading completion that started November 4th and concluded at the final day event hosted at Greenwich University’s Campus. 13 teams from 7 UK universities participated.
A team from Kingston University finished second with second team from Greenwich University finishing third in this highly competitive competition.
The University Trading Challenge required the student teams to tackle three distinct challenges and demonstrate their aptitude for the complexity of the financial markets and consistently selecting and executing on various portfolio strategies. All teams used portfolio trading software from CapitalWave Inc. Each team also prepared and presented two client pitch’s, using complex derivative instruments and risk analysis to a Judging Panel of industry veterans. Casper Marney, Director of Cambridge Trading Research Ltd said: 'The quality of these student teams and their presentations has astounded me'.
Christopher Clark, Director of Lawrence Clarke Investment Management added, 'The London University Trading Challenge continues to be an exciting and competitive day for these competitors. It was good to see students from some of the leading finance universities taking part and enjoying the day. The combination of the three distinct challenges demonstrated the qualities of finance and business leadership that will serve them well in their careers. It leaves one with tremendous confidence in the next generation of bankers and financiers'.
The University Trading Challenge is a realistic financial trading competition designed for both Undergraduate and Graduate students seeking degrees in finance, economics, mathematics and business.