- Indiana University took first
place, with the rest of the top five from outside the United States
- Record participation from nearly 570 teams across 24
countries
CHICAGO, Nov. 7, 2024
/PRNewswire/ -- CME Group, the world's leading derivatives
marketplace, today announced the winners of its 21th
annual University Trading Challenge, led by Indiana University.
21st Annual CME
Group University Trading Challenge Winners
|
Team
Position
|
University
Name
|
Country
|
First Place
|
Indiana
University
|
United
States
|
Second Place
|
Tecnológico de
Monterrey
|
Mexico
|
Third Place
|
ESLSCA Business School
in Paris
|
France
|
Fourth Place
|
ITESO, Universidad
Jesuita de Guadalajara
|
Mexico
|
Fifth Place
|
Luiss Guido Carli
University of Rome
|
Italy
|
This year's four-week competition reached a new participation
record, including nearly 570 teams of nearly 2,300 students from 24
countries. Participants represented 180 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.
"We are extremely pleased to have had a record number of schools
from around the world compete in this year's University Trading
Challenge and congratulate all the winners," said
Anita Liskey, CME Group Senior Managing Director of Global
Brand Marketing and Communications. "For more than two decades, CME
Group has been introducing new generations to futures markets
through this immersive, hands-on and fun trading
experience."
"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
are invited to attend an exclusive one-day, in-person market
education event on December 9.
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.
As the world's leading derivatives marketplace, CME Group
(www.cmegroup.com) enables clients to trade futures, options, cash
and OTC markets, optimize portfolios, and analyze data – empowering
market participants worldwide to efficiently manage risk and
capture opportunities. CME Group exchanges offer the widest range
of global benchmark products across all major asset classes based
on interest rates, equity indexes, foreign
exchange, energy, agricultural
products and metals. The company offers futures and
options on futures trading through the CME Globex platform,
fixed income trading via BrokerTec and foreign exchange trading on
the EBS platform. In addition, it operates one of the world's
leading central counterparty clearing providers, CME
Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange,
Globex, and E-mini are trademarks of Chicago Mercantile Exchange
Inc. CBOT and Chicago Board
of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York
Mercantile Exchange and ClearPort are trademarks of New York
Mercantile Exchange, Inc. COMEX is a trademark of Commodity
Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC
and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a
product of S&P Dow Jones Indices LLC ("S&P DJI").
"S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are
trademarks of Standard & Poor's Financial Services LLC; Dow
Jones®, DJIA® and Dow Jones Industrial Average are service and/or
trademarks of Dow Jones Trademark Holdings LLC. These trademarks
have been licensed for use by Chicago Mercantile Exchange Inc.
Futures contracts based on the S&P 500 Index are not sponsored,
endorsed, marketed, or promoted by S&P DJI, and S&P DJI
makes no representation regarding the advisability of investing in
such products. All other trademarks are the property of their
respective owners.
CME-G
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SOURCE CME Group