IBA: IMIFC Opening Ceremony IB120

Details

When:
October 10, 2019 @ 6:00 pm – 8:00 pm
Cost:
Free
Contact:
Amir Kheradmand
Where:
IB120
Instructional Building
Audience
Cost

Students will participate in teams of up to three students and each team will start with an initial cash allocation of CAD $1 million on Day 1. Each team’s objective is to generate the highest risk-adjusted returns by the end of the competition period measured by the Sharpe Ratio. Participants will only be allowed to trade restricted securities listed on the U.S. and the Canadian exchanges. Participants may also short-sell any securities and trade on margin (e.g. leverage allowed). The top-performing teams will then be invited to the closing ceremony in march where they will present there strategies to a panel of judges. The top 3 teams will then be chosen and given prizes. Should some of the top teams at UTM also be the top teams in the competition overall they will be invited to the Rotman School of Management where they will have a chance at winning further prizes.

Dress Code: Smart Casual (no sweatpants, no shorts, and no flipflops)

Date: Thursday, October 10th

Time: 6-8pm

Location:  IB 120

Registration Capacity: 200

PSDP Points: 2

PSDP Category: Develop skills

Alternative PSDP Category: Industry research

Registration Opens: Monday September 23

Registration Closes: Tuesday, October 8

Registration Restriction: n/a

Registration Cost: $0

Link (if any):  n/a

Learning Objectives:

1)     LO #1: Understand the financial markets while developing strategies to perform better

2)     LO #2: Understand how to use RPM, a platform that students will use in some of their finance courses

3)     LO #3:Learn from the speaker and their experience with investing and potentially learn and implement their strategies

Additional Information: Key note by VP of RBC Dominion Securities. Snacks and drinks will be provided.