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- Credit Downgrade for Wells Fargo Due to Fake Account Scandal
- CFTC Commissioner Quintenz Named Sponsor of the Technology Advisory Committee
- Harbour and Geneos Customers Win FINRA Arbitration Against Stockbroker - Bill Singer
- Equifax Suffered a Hack Almost Five Months Earlier Than the Date It Disclosed
- The World’s Biggest Wealth Fund Hits $1 Trillion
- At Jefferies, Like Wall Street, Trading Cedes to Banking
- Ex-SAC Trader Who Pleaded Guilty to Insider Trading Just Remembered He’s Innocent
- JPMorgan Turns to Amazon for Retail 'Customer Experience'
- Goldman Sachs Names Ken Hitchner as New Chairman for Asia Pacific
- Judge All but Tosses SEC Case Against ‘Rogue’ Trader And Ex-FBI Informant Guy Gentile
- 'Boys are #1 Among NFL's Most Valuable Teams
- Fake Tax Returns - Your Next Worry After the Equifax Breach
- FINRA DR Recruiting Arbitrators, Mediators at Congressional Black Caucus Conference
- JPMORGAN: Here's who we think will replace Warren Buffett at Berkshire Hathaway
- Mueller to Search Facebook for Russia-Linked Accounts
- Mark Gomes, Market Analyst and Trade Scalper Settles with SEC
- Equifax Waives Credit Lock Fees For Consumers, Amid Criticism
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NEWSLETTERS & ALERTS
NYC's Baruch College Wins Collegiate Trading Competitions
[Photo: Baruch College's Vertical Campus on East 25 Street, NYC / Panoramio.com]
By Howard Haykin, (Who proudly earned his MBA from Baruch College)
Baruch College, a public college in the New York City University system, is in the heart of New York City, some 5 miles north of Wall Street. Despite its proximity to the financial universe of the world, Baruch graduates are hired more often for their accounting or computer skils than for their capital markets skills.
Well, that could change. The WSJournal last week reported that Baruch College undergraduates not only placed first, second and third in last fall’s MIT annual collegiate trading competition, but they collectively won February’s Rotman International Trading Competition, sponsored by the University of Toronto. [RESULTS; VIDEO]
At a typical competition, students have a limited amount of time to maximize profits in trading simulations that might focus on stocks, commodities, volatility instruments, or other areas of the markets.