Ohio Dominican University Students Compete in International Investment Competition
Columbus, OH (43219) – Two student teams from Ohio Dominican University’s (ODU’s) Investment Club are among more than 300 teams competing in the 2013 Chicago Mercantile Exchange (CME) Commodity Trading Challenge.
The teams, Nate’s Mates and The Penny Pinching Panthers, are led by Assistant Professor of Business John Farlin, Ph.D., and are competing against undergraduate and graduate students from around the world.
"Team members are very excited to be able to put the investment strategies that they have honed over this semester to the test under a competitive environment,” Farlin said. “Our Investment Club is in its first year and it’s just getting off the ground. I expect to read great things about their future exploits stemming from their experience in this competition."
“Even though we are not risking our own money, it feels as though we are because of the rollercoaster ride of emotions that comes from trading in the CME competition,” said junior Wilson Blosser.
The Penny Pinching Panthers includes Blosser, Tito Bonadonna and Aline Mariano.
Nate’s Mates includes Colby Catlett, Kevin Hartoin, Jacob Allsop, Duncan Campbell and Matt Culp.
The top 10 percent of teams with the highest account balances at the close of business on Feb. 28 advance to the Championship Round, held March 3-15. Winners of the competition are eligible for a cash prize as well as an internship at the CME.
The CME Challenge is a four-week electronic trading competition where teams of undergraduate and graduate students trade crude oil, gold and corn futures, through simulated trading on a real-time professional trading platform. This is the first time ODU students have entered the CME competition. Last year, 160 teams, representing 90 schools from six countries, competed in the challenge. To see up-to-date rankings, visit www.cmegroup.com/education/trading_challenge/.
Ohio Dominican University is a four-year private comprehensive liberal arts and master’s institution, founded in 1911 in the Catholic Dominican tradition. The University has approximately 2,700 students and offers undergraduate degrees in 42 majors as well as seven graduate degree programs. Ohio Dominican uses a student-centered approach, with a commitment to quality teaching and learning.