About
Rotman Commerce Trading Group Competition | March 24, 2023
In collaboration with The Rotman Commerce Trading Group (RCTG), The BMO Financial Group Finance Research and Trading Lab will host the Rotman Commerce Trading Group Challenge 2023 at St. George Campus.
The top-performing students proved great ability in making rapid trading decisions while skillfully navigating through the RIT Market Simulator by successfully complementing a series of exchange transactions.
Registration Timeline
Qualification
- Participants must be current undergraduate or graduate students in a degree program at UofT.
- We encourage diverse and inclusive teams; each participating team should be composed of different genders.
Schedule
- 9:00 am – 10:00 am | Introduction and Practice Session
- 10:00 am - 11:30 am | Case Study
- 11:30 am – 12:00 pm | Awards Ceremony
Location
St. George Campus
BMO Financial Group Finance Research and Trading Lab
Rotman School of Management
Room 290, North Building
105 St. George St.
Toronto, ON M5S 3E6
Canada
Case Summary
Liquidity Risk Case
The Liquidity Risk Case challenges participants to put their critical thinking and analytical abilities to test in an environment that requires them to evaluate the liquidity risk associated with tender offers. Participants will be faced with multiple tender offers throughout the Case. This will require participants to make rapid judgments on the profitability, subsequent acceptance and execution, or rejection, of each offer. Profits can be generated by taking advantage of price differentials between market prices and prices offered in the private tenders. Once any tender has been accepted, participants should aim to efficiently close out their large positions to maximize returns and minimize liquidity and market risks. In addition, participants learn about risk management by avoiding front-running and other speculative strategies, which are considered unethical and illegal trading practices that may incur fines.
Dress Code
RCTG is a professional business competition, so participants are expected to dress in business casual or business formal attire.
Health and Safety | COVID-19
Competition participants are responsible for following health and safety measures where applicable. Individuals should report health and safety concerns to the competition committee via email at financelab[at]rotman.utoronto.ca, who will promptly review, assess and implement measures to address the concern where appropriate.
Measure to reduce risk of exposure:
- Individuals who are sick or who have COVID-19-related symptoms should stay home/hotel/accommodation.
- Isolate until there is no fever and symptoms improve for 24 hours (48 hours for gastrointestinal symptoms), regardless of testing results or no testing.
- Refer to: Ontario COVID-19 Self-Assessment and Procedures in the Event of a Confirmed Case and/or COVID-19 Symptoms.
- Avoid touching your face, nose or mouth with unwashed hands.
- Wash your hands often and thoroughly with soap and water or alcohol-based hand sanitizer.
- Practice proper respiratory etiquette, such as sneezing and coughing into your elbow.
- Face masks are encouraged, and we ask everyone always to respect the decisions of others, their comfort levels, and their health needs.
Statement on Equity, Diversity, and Excellence
Equity and Human Rights
The purposes of this statement are to express the University’s values regarding equity and diversity, and relate these to the institution’s unwavering commitment to excellence in the pursuit of our academic mission.
At the University of Toronto, we strive to be an equitable and inclusive community, rich with diversity, protecting the human rights of all persons, and based upon understanding and mutual respect for the dignity and worth of every person. We seek to ensure to the greatest extent possible that all students and employees enjoy the opportunity to participate as they see fit in the full range of activities that the University offers, and to achieve their full potential as members of the University community.
Our support for equity is grounded in an institution-wide commitment to achieving a working, teaching, and learning environment that is free of discrimination and harassment as defined in the Ontario Human Rights Code. In striving to become an equitable community, we will also work to eliminate, reduce or mitigate the adverse effects of any barriers to full participation in University life that we find, including physical, environmental, attitudinal, communication or technological.
Diversity and Inclusiveness
Our teaching, scholarship, and other activities take place in the context of a highly diverse society. Reflecting this diversity and intersectionality in our own community is uniquely valuable to the University, as it contributes to the diversification of ideas and perspectives and thereby enriches our scholarship, teaching, and other activities. We will proactively seek to increase diversity and feelings of belonging among our community members, and it is our aim to have a student body and teaching and administrative staffs that mirror the diversity of the pool of potential qualified applicants for those positions. For more information, please click here.