Babson Team Places 6th at Rotman International Trading Competition
Babson College placed sixth out of 43 leading international universities at the 2024 Rotman International Trading Competition in Toronto. Babson has an impressive track record, including winning the competition in 2009 and placing second in 2007 and 2010. Most recently, the team placed fourth in 2020.
The Rotman International Trading Competition (RITC) is an annual event that brings teams of students and their faculty advisors from universities worldwide to participate in a unique three-day simulated market challenge. Teams trade six different cases, including options, commodities, electricity, and algorithmic trading cases. Participants also attend a variety of social and industry events with their fellow competitors worldwide, including the market close of the Toronto Stock Exchange.
Sponsored by the Stephen D. Cutler Center for Investments and Finance, the team was comprised of Joshua Collins MBA’24, Benjamin Epstein MBA’24, Matthew Giacchetti ’24, Nikolas Kritsikis MSF’24, and Wanrong Zhu ’26 (alternate). Faculty advisor Ryan Davies and industry mentor Joe Spinelli ’98 supported the team.
The team spent well over 100 hours preparing for the competition by building and refining complex trading algorithms in Python. The competition includes teams from leading universities such as Princeton, New York University, Columbia, UC Berkeley, Carnegie Mellon, and Peking University.
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