CUHK Business School and Contrendian Co-host the Inaugural Trading Competition Final

13 teams of 49 CUHK undergraduate and postgraduate students joined the three-round competition held at the Finance Trading Laboratory. In each round, a FTS trading case that involves futures and forward contracts, options, or currencies was used. Participants had to maximise their profits through buying and selling of the financial securities provided in the case. At last, the three teams with the highest average rank in all rounds were:

• Champion: MSc in Finance students Huang Huadong, Lu Zhihui, Liang Shuang and Jin Shiyu
• 1st Runner up: MSc in Finance students Li Wei, Lu Wentao, Gong Huiwen and Lu Yang
• 2nd Runner up: Zhu Jiaqi (Integrated BBA, Year 3), Zheng Yuanhao (Risk Management Science, Faculty of Science) and Zhang Qichen (Mathematics, Faculty of Science)

Throughout the competition, the co-founders of Contrendian, Mr. Walter Cheung and Mr. Frank Ho, served as consultants to the participants on the development of trading strategies. They shared: “One of the best ways to assess how much a student has truly learned in the classroom is to apply it in a competitive environment. A trading competition fits such a purpose. Participants performed well under pressure. The winning teams went further to develop sound trading strategies. Well done!”

Prof. Seen-Meng Chew, Associate Professor of Practice in Finance of Department of Finance at CUHK Business School remarked, “Through a variety of trading cases, students were given the opportunity to apply the theories they learnt from their finance classes into practical use. Some students were innovative and developed trading strategies using Excel. We hope through such a competition, our business school is able to help bridge the gap between academic knowledge and business practices in the real world. Overall, it was a great learning experience for everyone involved, including the organising committee. We wish all participants every success in their future career in finance!”