Rotman International Trading Competition - Celebration Edition (RITC-CE)

Introduction 

The BMO Financial Group Finance Research and Trading Lab at the Rotman School of Management (University of Toronto) is pleased to announce the Rotman International Trading Competition - Celebration Edition (RITC-CE), to be held online on Friday, February 19th2021 

The RITC-CE aims to provide an exciting opportunity for participants to gather virtually and compete in the spirit of a celebration of the Rotman International Trading Competition (RITC), whose 18th Edition will take place in 2022 as a consequence of the current challenging worldwide environment.   

Similar to RITC, the RITC-CE, even in its celebratory spirit, will be first and foremost a competition. It will feature an innovative set of RIT Decision Cases, delivered on the RIT Market Simulator platform, allowing participating teams to compete by identifying trading opportunities across a wide range of realistic simulated scenarios.  

This event will enable enthusiastic participants from universities across the world to connect and engage in a competitive format; as well as to network with sponsors and each otherThe top performing team at RITC-CE will be invited with a guaranteed spot* to the Rotman International Trading Competition (RITC) to be held in 2022. *(Deposit fees will be waived, Registration fees will apply)

 

RITC-CE 2021 Participating Teams

To view participating teams at RITC-CE 2021, please use this linkThe registered universities will be updated on this document within 1-3 business days of registration

 

Registration

RITC-CE 2021 will be held on Friday, February 19th, 2021. Registration will open on Monday, November 16th, 2020 and the registration deadline is Friday, January 8th, 2021. We encourage you to register early, since the competition has limited space available. Teams need to complete a Participant Profile Form and pay a refundable deposit. Please see full registration details below, and feel free to contact us with any questions at ritc@rotman.utoronto.ca.

Deposit:

The event is free of charge (only a refundable deposit is required for registration to secure a spot). The refundable deposit amount is $300 CAD plus 13% HST and can be paid by credit card at the link below. All deposits will be refunded on February 23rd, 2021 conditionally upon the team's attendance (please allow 7 to 10 days for the refund to reflect on your credit card).

Participant Profile Form:

For any team that intends to register, one faculty member/team supervisor must fill out the Participant Profile Form at the link below. Participants must register in teams of four students in order to participate. Participants must be undergraduate or graduate students currently enrolled in a degree program at a university institution.

  • To pay the deposit: please use this link.
  • To complete the Participant Profile Form: please use this link.

Important Note: After a team registers using the links above, the team’s registration is confirmed only after the team receives an email confirmation from the RITC-CE Committee.

 

Rotman Interactive Trader (RIT) 

RITC - CE will be using the RIT Market Simulator software platform to implement the RIT Decision Cases designed for the competition. The RIT's official website offers detailed information about the RIT Market Simulator and associated RIT Decision Cases, and allows you to download the RIT Client to your computer. On the RIT website you will find demo of the software as well tutorial videos and practice case. 

For detailed instructions on how to install the RIT Client and the RTD Links, please see: RIT Client and RTD Installation Instructions 

For information on how to use the RIT Client and its features, please refer to the following user guides: 

 

Simulation Cases 

The Case Package will provide a description of the competition cases, and practice servers will be made available before the event to allow participants to practice the simulation cases. The Case Package and the practice servers will be made available on our website from February 5th, 2021; registered teams will be notified by email. 

 

Scoring 

The competition will be scored on a team-basis. The Scoring Methodology document will outline the scoring rules and will be made available on our website closer to the event. 

 

Important Notes 

  • Teams will receive an email 1-2 days before the competition with the usernames and passwords to log into the appropriate servers being used for the competition. Please do not lose this information as you will not be able to compete at RITC-CE without it. The RITC-CE Committee cannot assure that usernames and passwords can be retrieved/reset in case they are lost. 
  • Participants are required to use their own computers during the competition. Since RITC-CE is an online competition, internet speed can affect performance. Participants are responsible for ensuring the internet connection and stability of their computer. The RITC-CE Committee is not responsible for any network crash or for performance determined by a participants’ internet connection.

 

Important Dates

Date Description
January 8th, 2021 Registration Deadline 
January 25th, 2021 Event Details and Team Confirmation Distribution
February 5th, 2021 Case Package and Practice Servers available
February 19th, 2021 Competition

 

If you have any questions please do not hesitate to contact us at ritc@rotman.utoronto.ca

We look forward to welcoming your team at RITC-CE 2021!

 

Volunteers

For RITC-CE 2021, we are looking for volunteers to assist the FRT-Lab with facilitating the trading competition by fostering a sense of community among participants, answering common questions, and ensuring that the teams enjoy their competition experience. For a volunteer, this would be an excellent opportunity to gain exposure to the BMO Financial Group Finance Research and Trading Lab (FRT-Lab). Further, volunteers have the opportunity to meet and network with participants from around the world. As most lab staff will be running cases behind the scenes, volunteers will be representing Rotman to the nearly 200 national and international participants.

Qualifications: Students who apply for this position should be students interested in the field of finance, but do not necessarily need to be in finance as a Rotman Commerce student. We are looking for friendly, social, and enthusiastic students who can assist in providing an exciting and enjoyable experience for all the competitors. Students should be available on February 19th for the day of the competition and be able to commit 2 hours prior to the competition for preparation (tentatively February 16th or 17th). 

Targeted Years: All years

Application Requirement: Cover Letter and Single Page Resume (Note: Please include all experience with the BMO Financial Group Finance Research and Trading Lab in your resume). Please note, submitting your application does not guarantee an interview.

Application Instructions: Please e-mail your cover letter and resume as one document in PDF format to ritc@rotman.utoronto.ca. Subject of email and file name: "RITC-CE 2021 Volunteer – your name".

Application Deadline: Wednesday, January 27th, 2021 at 12:00PM

If you have any questions or concerns, please email us at ritc@rotman.utoronto.ca.