Undergraduate students in Ireland are invited to participate in the 2023 Rotman Market Simulation Challenge (RMSC), sponsored by the BMO Financial Group Finance Research and Trading Lab at the Rotman School of Management (Rotman FRT-Lab), co-hosted by Trinity Student Managed Fund (Trinity SMF).
RMSC brings together teams of students to compete in a unique 1-day simulated market challenge where they test their skills in real-time from the safety of a structured learning environment.
We encourage all teams from Ireland participating in Rotman International Trading Competition to take part in the Rotman Market Simulation Challenge.
The challenge is a perfect place to acquire and enhance your skills using RIT in preparation for Rotman International Trading Competition 2024.
The Sales and Trader Case challenges participants to put their critical thinking and analytical abilities to the test in an environment that requires them to evaluate the liquidity risk associated with different tender offers. Participants will be faced with multiple tender offers throughout the case. This will require participants to make rapid judgments on the profitability and subsequent execution, or rejection, of each offer. Profits can be generated by taking advantage of price differentials between market prices and prices offered in the tender offers. Once any tender has been accepted, participants should aim to efficiently close out the large positions to maximize returns.
The Price Discovery 0 case demonstrates the concept of informational efficiency as students attempt to determine the fair price for a takeover bid. Students have asymmetric information which is updated over time but there is no aggregate uncertainty.
RMSC is a professional business competition, so participants are expected to dress in business casual or business formal attire.
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:
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