A team of Faculty of Mathematics students, led by Professor Olga Kanj, took 2nd place globally and 1st in Canada in the prestigious 2024 Bloomberg Global Trading Challenge!
The team members are:
Wei (Steven) Gao, 2A Math/Bus Admin HC – Team Leader
Jin Ruohan, 2A BCS HC
Wenqi Yu, 2B Act Sci HC
Yidan Wang, 2B BCS HC
Kaiwen Xu, 2A Math/CPA HC
Bloomberg Global Trading Challenge is the only university investment competition to take place entirely within the Bloomberg Terminal.
Through this competition, teams of 3-5 students (led by a faculty advisor) compete against other top students around the world to experience firsthand what real-world investing looks and feels like. Teams use the Terminal to define market assumptions, develop a return-generating strategy, and execute trades within a closed network. The winning team has the highest time weighted relative return, relative to the Bloomberg World Large, Mid & Small Cap Price Return Index (WLS Index).
Over 2,500 Teams throughout the world participated in this years’ challenge, including 22 teams from University of Waterloo alone.
Congratulations to Steven, Jin, Wenqi, Yidan, Kaiwen and Professor Olga Kanj for this outstanding achievement!