RETC 2021

Rotman European Trading Competition 2021

Friday August 27th, 2021

RETC 2021 – Schedule
Friday, August 27th, 2021
2:00 – 2:10 PM Connection Check
2:10 – 2:50 PM Welcome & Team Introduction
2:50 – 4:05 PM Intesa Sanpaolo Algorithmic Trading Case
4:05 – 4:20 PM Break
4:20 – 5:35 PM EIB Institute Interest Rate Case
5:35 – 5:50 PM Break
5:50 – 7:05 PM ENEL Electricity Case
7:05 – 7:45 PM Virtual Networking Session / Sponsor Session
7:45 – 8:00 PM Awards Ceremony
RETC 2021 – Cases
INTESA SANPAOLO ALGORITHMIC TRADING CASE
The Algorithmic Trading Case is designed to challenge participants’ programming skills by developing algorithms using RIT API to automate trading strategies and react to changing market conditions. Throughout the case, these algorithms will submit orders to profit from arbitrage opportunities and private tender offers. Due to the high-frequency nature of the case, participants are encouraged to develop algorithms that can adapt to rapid changes in market dynamics.
EIB INSTITUTE INTEREST RATE CASE
The EIB Institute Interest Rate Case challenges traders’ understanding of bond pricing based on news and benchmark interest rates derived from 4 non-tradable EIB zero-coupon bonds. Traders have to price 3 tradable coupon bonds based on the benchmark rates and news. The news, released throughout the case, may have an impact on the benchmark rates, and thus also have an impact on the fair prices of the tradable coupon bonds. Traders should forecast the impact of news on the benchmark rates and exploit any bond mispricing opportunities to generate profits.
ENEL ELECTRICITY CASE
The Enel Electricity Case challenges the ability of participants to interact with one another in a closed supply and demand market for electricity. Electricity production and its consumption will form the framework for participants to engage in direct trade to meet one another’s objectives. The case will test each individual’s ability to understand sophisticated market dynamics and optimally perform his/her role, while stressing teamwork and communication.