- Universidad de Monterrey won first place, with two others from outside the U.S. in the top five
- Record participation from over 615 teams across 25 countries
CME Group, the world's leading derivatives marketplace, today announced the winners of its 22nd annual University Trading Challenge, led by Universidad de Monterrey in Mexico.
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22nd Annual CME Group University Trading Challenge Winners |
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Team Position |
University Name |
Country |
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First Place |
Universidad de Monterrey |
Mexico |
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Second Place |
University of Chicago |
United States |
|
Third Place |
University of Illinois Chicago |
United States |
|
Fourth Place |
Tecnológico de Monterrey |
Mexico |
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Fifth Place |
Universidad de Guadalajara |
Mexico |
This year's four-week competition reached a new participation record, with more than 615 teams of 1,800 students from 25 countries. Teams represented 174 universities around the world.
Students learned hands-on techniques for trading agriculture, energy, metals, equity indices, interest rates and foreign exchange futures contracts using CQG's real-time simulated electronic trading platform. Throughout the challenge, students also received live market updates through Dow Jones newsfeeds and The Hightower Report.
"The University Trading Challenge offers a truly unique educational opportunity, giving the next generation of potential trading professionals the hands-on experience and skills needed for navigating futures markets in a fun, interactive and competitive environment," said Anita Liskey, CME Group Senior Managing Director of Global Brand Marketing and Communications. "We were so pleased to have record-breaking participation in this year's competition and congratulate the winning teams for their impressive achievements."
"Congratulations to all of the winners and participants in this year's University Trading Challenge," said Pat Kenny, SVP of Client Relations at CQG. "CQG remains committed to educating the next generation of derivatives traders. The competition offers students the unique opportunity to make trading decisions based on real-time CME Group data, CQG's analytics, commentary and real-time news feeds from Dow Jones, and executed with CQG's premier trade routing technology."
Students on the top five winning teams receive cash prizes, if eligible, and all participants from this year's trading challenge were invited to attend an exclusive one-day, in-person market education event on December 8.
CME Group provides a wide range of risk management education, including its CME Institute education hub, which offers detailed courses, webinars and videos on trading futures on options markets, as well as a trading simulator.
CME Group also partners with other industry organizations to offer educational tools, such as Futures Fundamentals, a one-stop educational resource to help learners of all levels understand futures markets and the role they play in everyday life.