IMC Challenges Today's Brightest College Students to 10-Day Trading Competition

Innovative challenge designed to mimic real life trading; winner receives $25,000  

CHICAGO, March 7, 2023 /CNW/ -- IMC, a leading global market maker that provides liquidity to financial assets on trading venues, is hosting a 10-day global competition that challenges students to successfully trade on a virtual market. The winner will be rewarded with a $25,000 prize and a matching donation in their name to The Ocean Cleanup.

IMC's 'Prosperity' challenge is now open for entry. In this 10-day market simulation starting March 20, contestants will combine basic Python skills, strategic insights and analytics to earn as many seashells as possible and bring prosperity to their island. Interested college students can join fully remote, from anywhere, alone or in a team of up to five individuals.

"This challenge has been in the making for over a year and was created to help us reach the best talent in the world, especially those who might not have considered a career in trading before. Contestants don't just have the chance to win a great prize, but will also experience firsthand what algorithmic trading entails," said Steven Biester, Global Marketing Manager at IMC. "We mimic a lot of the real dynamics that you would encounter in trading. The competition is collaborative, fast-paced and requires drive, intellect and inventiveness. On top of that, it's also a lot of fun and really requires you to go beyond the obvious – just like a career in trading at IMC." 

To join the competition, participants must go to prosperity.imc.com. Once registered, contestants will receive more information and will be able to enter the dedicated Wiki and Discord server to meet fellow contestants and talk to IMC professionals available to guide students and answer questions.

Alongside the cash prize, IMC will donate a matching $25,000 in the winner's name to The Ocean Cleanup, a non-profit organization developing and scaling technologies to rid the oceans of plastic. To achieve their objective, The Ocean Cleanup works by stemming the inflow of plastic via rivers and cleaning up what has already accumulated in the ocean.

About IMC    
IMC is a leading global market maker with more than three decades' experience and offices in Europe, the US and Asia-Pacific. IMC employs more than 1400 talented individuals across offices in Amsterdam, Chicago, Sydney, Hong Kong, Seoul, New York, Zug and Mumbai. Their core business is to provide liquidity in financial assets on trading venues, and to deliver the best outcome in value and risk to investors. IMC employs state-of-the-art algorithms, statistical techniques, and innovative low latency technologies to execute their strategies. IMC engages in trading activities on its own account and closely complies with regulatory requirements set by (supra-)national authorities.

* Visit IMC - Prosperity for more information.  

SOURCE IMC

IMC: Candice Hudson, [email protected]