FRE Trading Teams Perform in Annual CME University Trading Challenge
Each year the Chicago Mercantile Exchange sponsors a one-month futures trading competition open to teams of five students from accredited colleges and universities in Asia, Europe, and the Americas. This fall semester the Finance and Risk Engineering Department entered three teams of MS degree students coached by Professor Ron Slivka as Faculty Advisor and ably assisted by Zahra Patterson as Competition Administrator.
The FRE Department regularly participates in similar competitions giving students practical trading experience that is both outside the classroom and outside the textbook. In each of the prior six years, NYU teams in an array of related trading competitions have won national first-place honors.
At the October-end completion of this year’s CME University Trading Challenge two NYU Teams placed in the top 25% of 386 registered teams. The NYU Team named TradeEasy, led by Team Captain Jingzhao Zhang placed in the top 10% of all competitors measured by final trading profits. Other TradeEasy Team members included and Yuhan Xu, Xiaolan Yan, Wenyi Huang, and Lukuan Wang.
Congratulations to all FRE Teams. The FRE Department is proud of your performance!