RETC 2022

Rotman European Trading Competition 2022 | Online edition

Friday, August 26th, 2022

RETC 2022 – Schedule
Friday, August 26th, 2022
2:00 – 2:10 PM Connection Check
2:10 – 2:50 PM Welcome & Team Introduction
2:50 – 4:05 PM ENEL Electricity 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 Intesa Sanpaolo Algorithmic Trading Case
7:05 – 7:45 PM Virtual Networking Session / Sponsor Session
7:45 – 8:00 PM Awards Ceremony
RETC 2022 – Cases
The Enel Electricity Trading Case provides the opportunity for participants to work in a role-based team environment to engage in an electricity trading market controlled by a strict regulatory policy. Participants are required to forecast supply and demand for electricity, and execute strategies accordingly while reacting to prevailing market events. Each team will participate in a closed supply and demand market for electricity by producing it using power plant assets and distributing it to customers, and will also have access to a forward market. Through the full cycle of electricity markets, participants will need to dynamically formulate their role-based strategies and optimally perform trade executions.
The EIB Institute Interest Rate Case challenges participants’ understanding of bond pricing based on news and benchmark interest rates derived from 4 non-tradable EIB zero-coupon bonds. Participants 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. Participants should forecast the impact of news on the benchmark rates and exploit any bond mispricing opportunities to generate profits.
The Intesa Sanpaolo 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 using their selected programming languages.

The top five ranking teams will receive EUR 10,000 in cash prizes: