The Competition

The UChicago Midwest Trading Competition is the nation’s premier algorithmic trading competition. Senior members of the Financial Markets Program collaborate with lead sponsor Trading Technologies (TT) to develop three case studies designed to challenge participants in multiple aspects and themes of trading. Participants are asked to develop algorithms to make automated trading decisions, and will have their technical programming skills, financial acumen, and ability to adjust based on algorithm performance tested. Registration will close January 15th.


Last year the competition awarded over $15,000 in prize money, and a similar amount of prize money is anticipated this year. First, second, and third place winners also attend a private dinner with one of the competition’s platinum sponsoring firms, DRW.

The problem-solving approach I developed and the financial concepts I learned through preparing for the competition gave me the tools to pursue a career in trading.”

—Ethan Yu, Dartmouth '16, trader at Citadel

Teams will have the opportunity to network with over a dozen trading and financial firms throughout the two-day competition. Competition events, hosted by Platinum sponsors, will begin on Friday afternoon at 2:00 PM with the following agenda:

Students will visit platinum sponsor Optiver to hear insights from executives and participate in knowledge sessions about trading. Following the visit at Optiver, participants will be formally welcomed to Chicago and get a chance to relax and socialize at the welcome event hosted at the office of platinum sponsor IMC where they will meet their peers and representatives from other sponsor firms Friday evening.

Respected Participants

Many of the colleges and universities represented at the UChicago Midwest Trading Competition are celebrated for providing students with robust educations, especially in fields related to finance and business. Some of the colleges and universities that have participated in the competition include:

Questions about student participation? Read the Student FAQ »