Can Wall Street do without the technogeeks who designed its complex derivatives markets?
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Interactive Brokers recently launched the third edition of its College Trading Olympiad. In the contest, open to undergraduate and graduate students from any country, participants have to elaborate a trading strategy and then write automated trading software to carry out that plan. The student whose software generates the biggest profit takes the top prize: US $100,000 in cash. The 2nd and 3rd places receive $50,000 each, and there are still several $10,000 and $1,000 prizes for the remaining participants. Interactive organized the Olympiad to findâ''and hireâ''talented engineers and scientists willing to work in the financial industry. Thanks to the competition the …
A big-time financial firm is recruiting tech talent by offering prizes to the college kids whose software chooses the best investments