Date of release: Wednesday, January 8, 2014

The winning student team with Terry Gamell, one of the judges from International Treasury Services, far left; Bryant Nielson, far right; and Paul Discalicau, co-founder and President of Greenwich Trading Society, second from right.A flair for doing business has landed a team of Greenwich students the top prize in a prestigious national competition.

The team finished first in the 2013 University Trading Challenge, the final of which was held at the Greenwich Campus. Dritero Agolli, Riaz-ul Islam and Gianluca Sonnino, from the university’s Business School, joined Mathematics student Bradley Nobbs and saw off stiff competition from a dozen other teams representing various universities across the country.

Greenwich achieved double honours in the finals of the financial trading competition as another of its teams claimed third place. The result also means that a Greenwich team has won the University Trading Challenge for the second year running.

The contest required the students to demonstrate their ability to trade successfully in the financial markets, as well as to make decisions, analyse data and come up with winning strategies.

Teams did a day’s trading a week before a final day on a fully simulated trading floor. Each team also prepared and presented a client pitch, including a risk analysis, to a judging panel of financial industry veterans. The Greenwich team was crowned winners after earning the most profit from their deals, with judges commenting that the standard of students’ knowledge and presentations was extremely high.

Dr Gabriella Cagliesi, Programme Leader in Economics at the university, says: “Our students faced tough competition and their hard work certainly paid off. They met for a month to discuss strategies and prepare presentations, and they traded intensively when the pressure was on.

“The event gave students a taste of the real world of the capital markets. It has been an amazing opportunity for them, and will also help them decide whether they are suited to this type of fast-moving career in finance.”

The competition is aimed, in particular, at those studying finance, economics, mathematics and business subjects, at undergraduate or postgraduate level.

Bryant Nielson, CEO of CapitalWave, the firm which ran the trading event during this year’s competition and provided the portfolio trading software, says: “It is rewarding to see the enthusiasm, interest and keenness of the students who take part in these events. This year’s event was exceptional, especially the team from Greenwich.”

For more details of studying with the university’s Business School: http://www2.gre.ac.uk/about/schools/business, email courseinfo@greenwich.ac.uk or call 020 8331 9000.

Story by Public Relations

Picture: The winning student team with Terry Gamell, one of the judges from International Treasury Services, far left; Bryant Nielson, far right; and Paul Discalicau, co-founder and President of Greenwich Trading Society, second from right.