Seated L to R: Director of Global Financial Trading Lab George Mykytyn, Brian Noll, Kevin Medvecky, Marvin Mensah Standing L to R: Professor Timothy Haase, Brian Malloy, Guido Alonso, Maritza Guananga, Professor Juan Cabrera, Dean Lewis Chakrin

Ramapo Finishes in 5th Place in CME Group Commodity Trading Challenge

The Finance Club at the Anisfield School of Business, with the assistance of Faculty Advisors, Professor Juan Cabrera and Professor Timothy Haase, organized two teams of students that competed in the CME Group Commodity Trading Challenge.  There were 85 schools competing, including schools from Australia, Canada, England, Germany, Greece and India. The Preliminary Round of the Challenge began on February 16, and concluded on March 3.  The top 10% of the competing teams (top 16) with the highest account balance at 5:15pm EST on March 3 advanced to the Championship Round.  Ramapo College finished in 13th place, out of 16 teams that advanced to the Final Round.

The Championship Round began on Sunday, March 6 and ended Friday, March 18. Ramapo College of NJ finished in 5th place out of 16 teams that competed in the Championship Round.  The final standings were as follows:

• Rice University
• Lund University
• California State University Fresno
• Clark University
• Ramapo College of New Jersey
• Rollins College
• Columbia University
• Vanderbilt University
• University of Bridgeport
• Polytechnic Institute of NYU
• University of Central Oklahoma
• New York University
• Boise State University
• University of Texas at Dallas
• Arizona State University
• Ohio State University

The team members included Maritza Guananga, Brian Noll, Guido Alonso, Kevin Medvecky, Brian Malloy, and Marvin Mensah.