Baruch College Dominates Traders@MIT Fall Intercollegiate Trading Competition
Second Consecutive Year Undergraduate Students Claim Top-Three Spots
(L to R) Sam Bouiss, Nancy Tadrous, Catherine Xu, Echo Liu, Lirek Kulik, Yifan Hu, Yinheng Li, Asimina Hamakiotes, and Professor Jarrod Pickens
New York, NY - November 29, 2017- Baruch College captured 1st, 2nd, and 3rd place for the second consecutive year at the 10th annual Traders@MIT Fall Intercollegiate Trading Competition. A fourth Baruch College team earned 6th place in the prestigious competition with students representing such universities as Cornell, Duke, Harvard, MIT, Princeton, and Stanford.
Held on November 11, the full-day event is the largest trading competition of its kind in the country, with numerous sessions focusing on electronic trading and open outcry, also known as floor trading.
Top honors went to Sam Bouiss (Quantitative Modeling and Statistics‘19) and Nancy Tadrous (Financial Mathematics‘18) for first place; Asimina Hamakiotes (Mathematics‘20) and Yinheng Li (Financial Mathematics and Economics ‘18) for second place; and Echo Liu (Financial Mathematics and Economics‘19) and Xinyi (Catherine) Xu (Mathematics‘18) as part of the third place team. Lirek Kulik (Financial Mathematics‘18) and Yifan Hu (Financial Mathematics‘19) came in sixth place.
The Baruch students were coached by Professor Jarrod Pickens, who also led a winning team earlier this year the Rotman Trading Competition.
Competing Takes Confidence and Talent
“These wins take enormous confidence, poise, and rigorous preparation since our students are competing against teams from the very top schools in the country,” said Dan Stefanica, PhD, co-director of the Baruch Master of Financial Engineering Program. “By capturing first, second, third place, and also sixth, these victories showcase our students’ impressive trading talents and sharp skills.”
According to Stefanica, Baruch College finished in the top three during the following sessions: algorithmic options trading (2nd and 3rd place), dark pools and FX (2nd and 3rd place), and price prediction (3rd place).
Successful Competitions in 2017
Baruch College undergraduate and graduate students were victorious in several key competitions throughout the year. In September, four students in the Master of Science in Financial Engineering program won third place in Datathon. Additionally, a team claimed victory in the sixth annual International Association for Quantitative Finance competition, in a three-way tie. Four students also netted first place in the 5th annual University of Chicago Midwest Trading Competition.
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