Location: 4-145

Speaker Series: Macro-Relative Value Investing

Mon October 17, 2016 | 6:30 PM - 7:30 PM

Firm(s): Element Capital Management

Come listen to Ankur Shah from Element Capital speak on Macro-RV investing. The presentation will cover the Macro and RV investing philosophy – how it differs from micro investing and example strategies such funds employ. In addition, he will talk about the work and career path of a junior analyst working at Element.

Element Capital Management is a hedge fund based in New York that was founded in 2005. It is most recognized for being a Macro hedge fund, and has won awards in Global Macro and Long Term Performance, as well as being recognized as the Macro Hedge Fund of the Year. In 2015, Element Capital returned 22.7%, making it one of the top performing hedge funds.


Location: 2-190

Five Rings Capital Trader Info Session

Thu September 22, 2016 | 6:00 PM - 7:00 PM

Firm(s): Five Rings Capital

We are hosting an info session and our head trader and two traders (MIT alumni) that recently joined FRC will speak about our culture, a typical day for a trader and our interview process. The company has seen rapid growth in recent years and is growing by approximately 35% in 2017. In addition to a competitive salary, we offer a casual work environment in NYC, free daily breakfasts and lunches, company sponsored events and a hands on learning environment. Five Rings Capital is looking for Externs, Interns and full time Traders. Students can apply online at www.fiveringscapital.com

Lunch from Bertucci's will be provided.


Website: http://www.fiveringscapital.com/

Bitcoin Trading: Casino or Goldmine with Akuna Capital

Mon May 2, 2016 | 7:00 PM - 8:00 PM

Firm(s): Akuna Capital

Andrew Karpiel from Akuna Capital will be speaking about bitcoin trading!

Location: 3-333

Speaker Series: Decision Theory with SIG

Mon April 11, 2016 | 7:00 PM - 8:00 PM

Firm(s): Susquehanna International Group (SIG)

Todd Simkin from SIG will be speaking about decision science.


Website: http://www.sig.com/

Location: 3-333

Speaker Series: Market Making with Optiver

Mon April 4, 2016 | 7:00 PM - 8:00 PM

Firm(s): Optiver

Come learn from Optiver's Head of Training John Rothstein about market making--how it works, why it is important, and what makes it difficult.

Bio: John Rothstein studied mathematics at the University of Illinois. Post-graduation, he started a tutoring and curriculum-writing company. After running his own company for a couple of years, John made the switch to derivatives trading where he spent several years trading index and currency options for Optiver US LLC. In order to combine his interests in teaching and trading, John transitioned into the Head of Training role in 2010. He has overseen the training initiatives in Amsterdam, Sydney, and Chicago. He manages new traders and trading interns, in addition to creating company-wide training initiatives.

Website: http://www.optiver.com/

Location: 3-333

Speaker Series: Strategic Applications of Exchange Microstructure with IMC

Mon March 28, 2016 | 7:00 PM - 8:00 PM

Firm(s): IMC

Trading on electronic exchanges in the present day is not as simple as just knowing what securities are worth anymore. With multiple exchanges, dispersed data centers, and complexity from exchange rules and federal regulation, profitability is increasingly dependent on understanding how exchange infrastructure works and creating strategies to optimally interact with the market landscape. Di Wu (MIT '12) will be speaking.

Bertucci's will be served at the talk. In addition, IMC will be hosting a dinner after the talk. They will be contacting students based on resume submissions. If you are interested in attending, please sign up here by 3pm Sunday 3/27.

Website: http://www.imc.nl/

Location: 3-333

Speaker Series: Systematic Treasuries Market Making with Goldman Sachs

Mon March 14, 2016 | 7:00 PM - 8:00 PM

Firm(s): Goldman Sachs

Goldman Sachs Securities is a leading market-maker and primary dealer in U.S. Treasury products. Join us for an in-depth discussion of electronic trading market structure in treasuries. Frederick Baba (Rates Systematic Market Making, MIT '10) will lead a discussion on the quantitative, technological, and game theory aspects of electronic trading in the U.S. government securities. In particular, attendees will learn about request-for-quote (RFQ) markets, OTC rates trading, and systematic trading approaches.

Website: http://www.goldmansachs.com/

Location: 3-333

Speaker Series: How to Win Game Shows with Jane Street

Mon March 7, 2016 | 7:00 PM - 8:00 PM

Firm(s): Jane Street

Come listen to Jason Shapiro speak on how to win game shows!


Website: https://www.janestreet.com/

Location: 3-333

Speaker Series: Rough Fractional Stochastic Volatility with Jim Gatheral

Mon February 29, 2016 | 7:00 PM - 8:00 PM

Come listen to Jim Gatheral speak about Rough Fractional Stochastic Volatility and its applications in modeling the equity market. Jim Gatheral was involved in all of the major derivative product areas as bookrunner, risk manager, and quantitative analyst in London, Tokyo and New York, in a career in the financial industry that spanned over 25 years. His current research focus is on volatility modeling and modeling equity market micro-structure for algorithmic trading.

Dinner from Thelonious Monkfish will be provided!


Location: Room 2-105

Problems in Continuous Games with Eclipse Trading Technologies

Thu October 1, 2015 | 7:00 PM - 8:00 PM

Firm(s): Eclipse Trading Technologies

Two card players have hand strengths distributed independently & uniformly over [0,1] and are playing for an existing pot of $100. Player 1 can check or bet $100. If Player 1 checks, the player with the stronger hand wins the pot. If Player 1 bets, Player 2 can call the bet or fold. Given both players are risk-neutral expectation maximizers, how does each play?

We will explore several problems in game theory with continuous decision spaces. Applications to gambling, markets, and life will be discussed.


Website: http://www.eclipsett.com/

Location: Le Meridien- Cambridge

Goldman Sachs Firmwide Information Session

Mon September 28, 2015 | 7:00 PM - 8:30 PM

Firm(s): Goldman Sachs

This informative presentation will provide you with information about career opportunities for summer analysts. Representatives and school alumni from various divisions will be in attendance during the networking portion of the event. This event is open to freshmen, sophomores and juniors interested in summer analyst opportunities.

Website: http://recruiting360.avature.net/candidates/

Location: 2-105

Trading Simulation Game

Fri September 18, 2015 | 5:00 PM - 7:00 PM

Come join us for a trading simulation game!  We'll show you how to use our newly created trading platform and how to consistently profit in a controlled environment. Prizes will be given to top finishers!


Location: 5-134

Milk and Cookies Resume Review

Thu September 17, 2015 | 9:00 PM - 11:00 PM

Join our executive board members for milk and cookies and informal one-on-one discussions. Bring your resume and we’ll be happy to critique it and help you land that summer internship right out of freshmen year. All of us did it--so can you! Don't have one? We'll help you! Just want to talk about life in general? We need a break from psets too.


Location: 10-250

Goldman Sachs Engineering Meetup

Wed September 16, 2015 | 6:30 PM - 8:00 PM

Firm(s): Goldman Sachs

To register for this event, please complete a profile on My GS Events.

At Goldman Sachs, our engineering teams build solutions to some of the most complex problems in the industry. From automated trading to managing data, risk analysis to safeguarding information and promoting environmental responsibility, our commitment to best-in-class technology provides Goldman Sachs with a competitive advantage.

We invite you to attend our on campus engineering meetup to learn more about us and the exciting projects being worked on by recent graduates at Goldman Sachs and to network with our engineering professionals.

**Food will be provided!

Website: http://recruiting360.avature.net/candidates/

Location: 1-135

Company Presentation: Volant Trading

Wed September 16, 2015 | 6:00 PM - 8:00 PM

Join traders, quants, and technologists from Volant Trading for an interactive discussion on market-making!


Location: 5-134

Internship Panel

Tue September 15, 2015 | 7:00 PM - 9:00 PM

Traders@MIT Exec will be talking about the companies they worked with in the past and fielding questions about the industry.  Come for the food and stay for the conversations.


Location: 4-163

Crash Course on Trading Fundamentals

Mon September 14, 2015 | 6:00 PM - 8:00 PM

Come join the current Traders@MIT Executive Board for a one-hour crash course about the financial markets. Learn about basic trading terminology, asset classes, market players, and trading strategies. Find out more about what the Traders@MIT board is all about. Dinner will also be provided.

Freshmen--if you are interested in joining the Traders@MIT executive board, we highly encourage you to attend!


Location: MIT

2014 Traders@MIT Fall Trading Competition

Sat November 15, 2014 | 8:00 AM - 8:00 PM

Firm(s): TBA

See our competition page for more information.


Location: 4-231

E-Trading with J.P. Morgan

Wed November 5, 2014 | 7:00 PM - 8:30 PM

Firm(s): J.P. Morgan

Event Description

Our Electronic Trading (E-Trading) business will be on-campus to present a business overview followed by a networking session.  During the presentation they will take a deep dive into what E-Trading is and responsibilities of a summer intern. You will have an opportunity following the presentation and Q&A to network with the business representatives.

E-Trading Program Description  

As an intern in the E-Trading summer program you will learn how technology and algorithms are changing the financial markets and apply analytical techniques to study large data sets to devise innovative trading strategies.  You will learn and understand the microstructure of electronic markets. You’ll have an opportunity to help develop and optimize electronic trading infrastructure and software systems.  You will develop an entrepreneurial mindset for a dynamic and growing market. Our program is a nine week program with a full week of training by professionals who also conduct the training for our full-time analysts.


Location: 4-163

Gelber Group Infosession

Thu October 9, 2014 | 7:00 PM - 8:00 PM

Firm(s): Gelber Group

Gelber Group, LLC will be hosting a company presentation at MIT on October 9th in room 4-163. Please join Gelber Group, LLC for a unique opportunity to explore the nuts and bolts of high frequency strategy development in the proprietary trading space. We’ll cover aspects of the whole strategic process by examining a simple market making strategy. We’ll explore quantitative modeling options to determine a fair security price, implement a basic execution strategy and discuss the real challenges quantitative traders face when dealing with large data sets and market assumptions. The company presentation will run from 7-8pm. Afterwards Gelber’s speakers will stick around to meet students and answer any additional questions.

Speakers:


  • Zach Steward – Algorithmic Trader, MIT 13

  • Carl Mahler – Director of Algorithmic Trading, MIT 04

  • Jessy Gelber – Talent Acquisition & Business Development, FX Trader, Hamilton College 09

More on Gelber Group, LLC

Established in 1982, Gelber Group is a Chicago based global proprietary firm that trades its capital in a variety of asset classes including foreign exchange, fixed income, equities and commodities.

Gelber Group was built on the premise that a culture conducive to innovation, competition and teamwork is essential to thriving in a technology driven marketplace. At Gelber we take pride in our culture and seek others with a similar drive and passion.


Website: http://www.gelbergroup.com/

Location: Barclays New York Office

After the Bell

Thu October 9, 2014 | 4:00 PM - 7:30 PM

Firm(s): Barclays

Barclays invites you to participate in an afternoon of interactive learning and networking with senior leaders from our Equities division. After the Bell was established to bring a greater understanding of the equity capital markets to current students. In this session, you will have the unique opportunity to learn about basic stock options and related trading concepts from real practitioners. The afternoon will be led by David Wernert, the head of retail and consumer derivatives trading. Following the program, students will meet several members of the Barclays Equities team at the closing networking reception. This event is open to all current undergraduate students. Capacity is limited. Kindly use the link below to register your interest. If your attendance is confirmed, you will receive a notification by September 25


Website: https://www.surveymonkey.com/s/afterthebell

Location: 4-149

Jump Trading Information Session

Tue September 30, 2014 | 7:00 PM - 9:00 PM

Firm(s): Jump Trading


Markets & Algorithmic Trading

How do modern markets actually work? Why are so many people so interested in them? Why do they need to be so fast? 

Come meet Jump Trading, an algorithmic trading firm, and learn what markets are really for, and why they're not a rigged casino. Find out how a simple set of rules gives rise to an enormously rich set of problems that have captured the imaginations of some of the best minds in computing, mathematics, and basic science.

Speakers: Matt Schrecengost, COO, and Jonathan Marcus (Course 6-3, '06), who works at Jump building quantitative models to predict future asset prices.

Catered by Rebecca's Cafe.

Careerbridge full-time and internship deadline: October 8



Website: http://www.jumptrading.com/

Location: 1-150

The process of starting a quantitative hedge fund

Thu September 25, 2014 | 6:00 PM - 7:30 PM

Firm(s): Domeyard LP

Join the founders of Domeyard for an evening discussion about:

• What is a hedge fund? How does it compare to other types of firms in the trading industry? • The costs, legal structure, compliance and fund-raising behind starting a hedge fund today. • The cutting edge of technology in trading. • Competitive landscape of low latency trading and quant fund management. • Some meaningful pursuits in trading besides money.

There will be food (not Bertucci's) and freebies!

About Domeyard

Domeyard is a start-up hedge fund based in Cambridge, MA. We deploy capital in a variety of asset classes, through the use of quantitative models and low latency trading strategies. Our firm is backed by the founding members of one of the largest quant funds in the world, which has over $55 billion in assets under management (AUM). Domeyard's founding team and early employees have affiliations with MIT and Harvard, and have received numerous accolades from the IEEE, American Institute of Physics, Putnam Competition, MCM, ISEF and 100 Women in Hedge Funds.

Please feel free to bring your resume for part-time or full-time opportunities.


Website: http://www.domeyard.com/

Location: 4-149

Information Session

Mon September 22, 2014 | 7:00 PM - 8:30 PM

Firm(s): Tower Research Capital LLC

Founded in 1998, Tower Research Capital LLC is a leader in the thriving field of high-frequency trading. Working at Tower means collaborating with bright minds from around the world to create cutting edge-technology and tackle challenging technical problems. We’re engineers and pioneers who use scientific principles to identify market opportunities and who think Mondays look better in jeans and a t-shirt than in a suit and tie. To learn more about full-time and internship opportunities, please stop by Tower’s information session on Monday, September 22 from 7:00 p.m. to 8:30 p.m. in 4-149. Dinner from Boloco, as well as Tower t-shirts and umbrellas, will be provided. For more information, please see www.tower-research.com. To apply, please submit resumes, transcript(s), and cover letters to CareerBridge or visit http://www.tower-research.com/careers.html.


Website: http://www.tower-research.com/

Location: 4-237

How to Create an Alpha Model: An Insider's Look at Quantitative Strategies

Mon September 22, 2014 | 6:00 PM - 7:00 PM

Firm(s): Citadel LLC

Join us as we walk you through constructing an alpha model and we provide you with an inside look at working in quantitative strategies.


Website: http://www.citadel.com/

Location: 32-141

Global Banking & Markets Business Overview

Mon September 15, 2014 | 7:00 PM - 8:30 PM

Firm(s): Bank of America Merrill Lynch

Whether you’re raising capital in Mumbai or hedging currencies in Stockholm, the power of Bank of America’s global connections means we can do more for our client than any other financial institution. We understand the challenges our clients face around the world, and tap the full resources of our company to help them achieve their goals.

Our Bank of America Merrill Lynch, Global Banking & Markets (GBAM) business includes Corporate & Investment Banking, Corporate Credit and Transaction Banking, Global Markets and Research. The group provides services to middle-market and large corporations, government entities and institutional investors including mergers and acquisition advice, equity and debt capital raising, corporate lending, transaction banking, sales and trading in fixed income, commodities, currency and equities, risk management, research, and liquidity and payments management.

We have the strength, resources and global capabilities to let you carve out your future on your own terms. A career with us promises development opportunities, a place to learn from colleagues and senior leaders and first-hand involvement in projects.


Website: http://campus.bankofamerica.com/

Location: 2-105

Trading Simulation Game

Fri September 12, 2014 | 5:00 PM - 8:00 PM

Come join us for a trading simulation game!  We'll show you how to use our newly created trading platform and how to consistently profit in a controlled environment.


Location: W20-307

Resume Review with Exec Board

Thu September 11, 2014 | 9:00 PM - 11:00 PM

Join our executive board members at the Student Center for milk and cookies and informal one-on-one discussions. Bring your resume and we’ll be happy to critique it and help you land that summer internship right out of freshmen year. All of us did it - so can you! Don't have one? We'll help you! Just want to talk about life in general? We need a break from psets too.


Location: 5-134

Discussion Panel with Traders@MIT Exec

Wed September 10, 2014 | 6:30 PM - 9:00 PM

Traders@MIT Exec will be talking about the companies they worked with in the past and fielding questions about the industry.  Come for the food and stay for the conversations.


Location: Maria Stata Center 32-141

Optiver: Where Trading Meets Technology

Wed September 10, 2014 | 5:30 PM - 7:30 PM

Firm(s): Optiver US LLC

Optiver thrives at the intersection of trading and technology, engineering solutions to the complexities of the financial markets. Collaboration between traders and developers ensures software is built with the trader in mind to achieve the optimal balance of human insight with intelligent automation. Enjoy wonderful catering from Bertucci’s as Optiver’s Head of Training and its Head of Autotrading Development discuss the details of day-to-day collaboration between traders and developers.


Website: https://www.facebook.com/events/248852955325287/

Location: 3-333

Options Market Making with Volant Trading

Tue September 9, 2014 | 5:00 PM - 8:00 PM

Firm(s): Volant Trading


Join traders, quants, and technologists from Volant Trading for an interactive discussion on the world of electronic options market-making.  

This is not another info session you go to for the food!

Topics covered will include:

• What is market-making and why should I care about it? • Why is speed so important?
• Why is Michael Lewis's latest book, Flash Boys, so controversial?
• How do his opinions translate to the options markets?
• What are the technical challenges of building an efficient and scalable low-latency & high-throughput market-making system?
• I'm hooked and I want to learn more!  What does it take to get in?
• Challenge your friends during the live trading simulation, discuss controversial issues with industry professionals, and get the scoop on what it takes to become a market-maker! 

Oh, and in case you're worried, there will be food.  See you there!



Location: 4-149

Behind-the-scenes: Life of a Trader

Mon September 8, 2014 | 7:30 PM - 8:30 PM

Firm(s): Allston Trading

Join Allston Trading for an informal Tech Talk! Here is what you get:

- A behind-the-scenes look into the life of a trader

- Interview and resume tips for the trading industry

- Information about the career opportunities at Allston Trading and how to apply

If that weren't enough, we will also be providing FREE Chicago-style grub and fun prizes! RSVP through our Facebook event at www.facebook.com/AllstonTrading We look forward to meeting you there!

Alysha Tardiff HR Coordinator


Website: http://www.facebook.com/AllstonTrading

Location: 5-134

Crash Course on Trading Fundamentals

Mon September 8, 2014 | 5:00 PM - 7:00 PM

Come join the current Traders@MIT Executive Board for a one-hour crash course about the financial markets. Learn about basic trading terminology, asset classes, market players, and trading strategies. Find out more about what the Traders@MIT board is all about. Dinner will also be provided.

Freshmen and sophomores - if you are interested in joining the Traders@MIT executive board, we highly encourage you to attend!


Location: Online

Upgrade Capital | Benjamin Graham Fellowship

Sun August 10, 2014 | 11:00 PM - 11:00 PM

If you have an investment idea you've been working on over the summer, Upgrade Capital invites you to apply for the Fall 2014 Benjamin Graham Fellowship. Authors of five outstanding write-ups will be invited to the tenth annual Value Investing Congress in New York, where they will be able to interact with leading fund managers like Leon Cooperman, Sahm Adrangi, David Hurwitz, and many others.

The Fellowship application deadline is August 10th. Additional details along with tips from past Fellows can be found here.


Location: 5-134

Next Generation of Global Trading with JP Morgan

Wed February 12, 2014 | 6:30 PM - 8:00 PM

Firm(s): JP Morgan

Dinner will be provided

Interested in electronic trading? Join senior J.P. Morgan e-trading managers for a presentation on the expanding role of electronic trading in global financial markets.  The discussion will include case studies on algorithmic strategies developed by electronic trading desks. Don't miss this opportunity to learn from and network with J.P. Morgan representatives across the Credit, Equities, and FX products departments! Attendees include:


  • Chris Bruner, Credit E-Commerce, MIT Class of 1994, Architecture

  • David Cheng, FX E-Commerce, MIT Class of 2004, CS and Class of 2005, M.Eng

  • Harry Feng, Equities Electronic Market Making

  • Noel Reyes, Electronic Client Solutions, MIT Class of 2004, EECS

For those interested in pursuing this exciting career path, J.P. Morgan is offering an electronic trading summer internship program within Sales & Trading that provides a unique opportunity to work with our e-trading desks who engineer complex market making trading strategies and leverage cutting edge technology in order to provide leading services and liquidity to the firm's clients and public markets. The deadline to apply on J.P. Morgan's website is February 14 (https://jpmorgan.tal.net/vx/appcentre-americas_jobs/candidate/post/3037/en-GB).


Location: MIT

2013 Intercollegiate Trading Competition

Sat November 16, 2013 | 9:00 AM - 5:00 PM

Firm(s): DRW Trading, JP Morgan, Flow Trading, Bank of America Merrill Lynch, Goldman Sachs, D.E. Shaw, IMC Financial Markets, Chopper Trading, Spot Trading, Belvedere Trading, Wolverine Trading, SIG, Knight Capital Group, Citadel, Element Capital

The Traders@MIT Intercollegiate Trading Competition is the largest trading competition of its kind in the country. Our competition is a full day event, comprising multiple sessions in both electronic trading and open outcry (floor trading). Winners are determined by weighted rankings from each session.

This year, we will be featuring approximately 100 students participating from 11 universities: MIT, Harvard, UPenn, Princeton, Yale, Columbia, Cornell, UChicago, Wellesley, Baruch, NYU, and Boston University.


Location: Champions Sports Bar, Kendall Square

Pre-Competition Networking Event

Fri November 15, 2013 | 9:30 PM - 11:30 PM

To kick off our 6th Annual Intercollegiate Trading Competition, we are hosting an open networking session at Champions Sports Bar. Anyone in the undergraduate community at MIT is invited to come talk with the Traders@MIT Executive Board and Trading Competition competitors. No dress code - food will be served!


Location: 5-153

Building an Algorithmic Trading Strategy

Thu October 3, 2013 | 7:30 PM - 9:00 PM

Firm(s):

Jump Trading

Discover how algorithmic trading fits into the world of finance. Learn how to employ your knowledge of computer science and quantitative analysis to build an algorithmic trading strategy.

Compete for MIT. Take the Jump Challenge: http://jumptrading.com/challenge

Location: 4-149

Mock Trading

Mon September 30, 2013 | 7:30 PM - 9:00 PM

Firm(s): IMC Financial Markets

Join the head of trading and other quantitative traders to discuss options theory and participate in a competitive mock trading exercise. Prizes will be awarded to the winning team!

Location: 32-144

State of the High-frequency Trading Industry

Thu September 26, 2013 | 6:00 PM - 8:00 PM

Firm(s):

Axiom Group

Brennan Hughes (Partner of Axiom Group) and Trent Jackson (Director of Quant Trading Recruitment), will host a candid discussion about getting a job in high frequency trading, the status of the industry, most recent advancements in technology, and provide tips for how to prepare for success in the industry.

Axiom Group will also be hosting a 1-on-1 resume review session from 12:30-5:00pm in 66-148. The link below will allow you to sign up for a 30 minute slot: http://doodle.com/5hpd6tmbsgenmihe

Trading Fundamentals - A Crash Course

Wed September 25, 2013 | 7:00 PM - 9:00 PM

Come join the current Traders@MIT Executive Board for a one-hour crash course about the financial markets. Learn about basic trading terminology, asset classes, market players, and trading strategies. Find out more about what the Traders@MIT board is all about. Dinner will also be provided.

Freshmen and sophomores - if you are interested in joining the Traders@MIT executive board, we highly encourage you to attend!

Location: W20 - 20 Chimneys

Resume Review with Exec Board

Tue September 24, 2013 | 9:00 PM - 11:00 PM

Join our executive board members at the Student Center for milk and cookies and informal one-on-one discussions. Bring your resume and we’ll be happy to critique it and help you land that summer internship right out of freshmen year. All of us did it - so can you! Don't have one? We'll help you! Just want to talk about life in general? We need a break from psets too.

Location: 3-333

The World of Low-latency Automated Trading

Mon September 23, 2013 | 6:00 PM - 8:00 PM

Firm(s):

Headlands Technologies

Headlands Technologies LLC is a global quantitative trading company based in San Francisco and Chicago. Founded in July 2009, Headlands Technologies develops and implements quantitative trading strategies in exchange-traded financial products, such as equities and other securities. Headlands Technologies is a privately funded company and does not accept outside investors.

Come to our infosession to learn about the world of low-latency automated trading and to meet Matthew Andresen, co-CEO, Max Dama, quantitative researcher, Randy Chen, quantitative researcher and Yaodong Zhang, quantitative researcher and MIT alum.

Location: 4-237

The Volatility Surface: Statics and Dynamics with Jim Gatheral

Sat April 13, 2013 | 7:00 PM - 9:00 PM

Learn about modeling the volatility surface from the creator of the first models, Jim Gatheral!

This talk will apply recent work on the SVI parameterization to examine the static and dynamical properties of the empirically observed SPX implied volatility surface. In particular, we will show how to calibrate SVI in such a way as to guarantee the absence of static arbitrage, and exhibit a large class of arbitrage-free SVI volatility surfaces with a simple closed-form representation.

About the speaker: Jim Gatheral is a mathematical finance researcher who headed the Equity Quantitative Analytics group at Merrill Lynch for 17 years before joining Baruch College as a tenured professor.

Dinner is provided.

Location: Johnson

CPW Midway

Sat April 13, 2013 | 1:00 PM - 3:00 PM

Come learn about Traders@MIT and see what we do! We will be running some live market simulations, as well as handing out fun puzzles for people to try out. Prizes will be available to people who get them right.

Terri Duhon - What you need to know to work in financial markets today

Tue November 27, 2012 | 7:00 PM - 9:00 PM

Drawing on her personal experience as a derivatives trader for 10 years on the trading floor, Terri Duhon will give some pointers to success as well as highlighting the key pitfalls in the financial markets space for new hires. In order to appreciate the key roles and responsibilities on the trading floor, it is important to understand the broader role that banks play in financial markets which is that of liquidity provider and intermediator.

Location: E51

2012 Traders@MIT Fall Intercollegiate Trading Competition

Sat November 17, 2012 | 8:00 AM - 6:00 PM

Firm(s): DRW Trading, Tower Research Capital, Flow Traders, GETCO, Goldman Sachs, Morgan Stanley, IMC Financial Markets, DE Shaw, Chopper Trading, Citadel, SIG, Weiss Asset Management

Our competition is a full day event, comprising multiple sessions in both electronic trading and open outcry (floor trading). Winners are determined by weighted rankings from each session.

There will be 90 students participating from 10 universities: MIT, Harvard, UPenn, Princeton, Yale, Columbia, Baruch, UChicago, Wellesley, and NYU. See our photos page for photographs from past years.

Location: 4-163

Trading Opportunities in Today's Markets

Thu October 4, 2012 | 6:30 PM - 8:30 PM

Firm(s):

Eladian Partners

Join us for a presentation by Eladian Partners, a global multi-asset class trading startup. Learn about the history of high-frequency trading and about working in the industry. Do you have what it takes to make it in today's markets?

Location: 4-231

Using Poker and Game Theory to Trade in the Derivative Markets

Thu September 27, 2012 | 8:00 PM - 10:00 PM

Firm(s):

Susquehanna International Group

Todd Simkin, head of trader development at SIG (Susquehanna International Group), will explain how the firm was founded on the principles of game theory—particularly the decision strategies used in poker. He will discuss how poker and other strategy games are still used to train traders and technologists to make decisions in today’s fast-paced and competitive financial markets.



Additional information will be available regarding full-time and internship opportunities in trading and technology.

Food and beverages will be provided.


Website: https://www.umeqo.com/events/37/using-poker-and-game-theory-to-trade-in-derivative/?rsvp=true

Location: West Lounge, 2nd Floor Student Center

Milk & Cookies + Resume Review with Traders@MIT Exec Board

Wed September 26, 2012 | 9:00 PM - 11:00 PM

Join our executive board members for milk and cookies and informal one-on-one discussions. Bring your resume and we’ll be happy to critique it and help you land that summer internship right out of freshmen year. Don't have one? We'll help you! Signup here: http://doodle.com/mwgy3sw3nsmvpsz6

We have done it. You can too.

Location: 4-231

Building an Algorithmic Trading Strategy

Mon September 24, 2012 | 7:30 PM - 9:30 PM

Firm(s):

Jump Trading

Curious about high frequency trading? Meet Jump Trading, an industry leader.

Discover how algorithmic trading fits into the world of finance. Learn how to employ your knowledge of computer science and quantitative analysis to build an algorithmic trading strategy. A $200 gift card for the iPhone 5 will also be raffled out at the event.

Compete for MIT. Take the Jump Challenge: http://jumptrading.com/eights

Catering by Rebecca's Cafe

Location: 24-121

Trading Fundamentals with Traders@MIT Executive Board

Tue September 18, 2012 | 7:00 PM - 8:30 PM

Come join the current Traders@MIT Executive Board for a one-hour crash course about the financial markets. Learn about basic trading terminology, asset classes, market players, and trading strategies. Find out more about what the Traders@MIT board is all about.

Freshmen and sophomores - if you are interested in joining the Traders@MIT executive board, we highly encourage you to attend!

Dinner from Blue Ribbon Barbecue.

Location: 5-217

Introduction to Trading Strategies with IMC

Wed September 12, 2012 | 6:30 PM - 8:00 PM

Firm(s):

IMC Financial Markets

Join us to learn about trading and the financial markets with IMC Financial Markets, one of the world's leading proprietary trading firms. Learn about exciting past trades and successful strategies. Finally, take part in a friendly competition with giveaways.

Catering by Pepper Sky

Location: 4-163

Current Trends in High-Frequency Trading

Tue September 11, 2012 | 5:30 PM - 7:00 PM

Firm(s): World Wide Financial Industry Recruiting Services

Rob Khoury and Brennan Hughes, two partners from the firm, will give an update on the status of the high-frequency trading industry and discuss how best to prepare for careers in the area. This has historically been a very illustrative presentation.

Location: 4-145

Financial Transaction Tax by Optiver

Thu September 6, 2012 | 6:30 PM - 8:00 PM

Firm(s):

Optiver

Join us to learn more about the financial transaction tax with Optiver, a worldwide market maker and derivatives trading firm. The presentation will also focus on Optiver's training program, and will be followed by a trader testing session for students interested in interviewing with Optiver.

Catering by Chipotle

Location: 32-141

Traders@MIT Spring Competition

Sat May 5, 2012 | 1:30 PM - 6:00 PM


The goal of this competition is to let MIT undergraduates get an idea of what trading is like and to practice basic trading concepts. This is a low pressure event geared towards students with little to no prior trading experience. If you have ever wondered what trading is about or you want try to go for the first place prize, we hope that you come to the Spring Competition!



Participation in the tournament is in teams of two. When you register please put the name and MIT email of your partner. If you don’t have a partner, that’s ok, let us know and we will pair you up with someone else who registered without a partner.



Every participant needs to bring their own laptop with the Rotman Client installed. If you have a mac, we suggest you install a free Windows virtual machine From MIT IS&T to be able to run the client.



Schedule




  • 12:30 - 1:30 PM Lunch Chipotle (for people who pre-register), computer set-up


  • 1:30 – 2:30 PM Social Outcry (30%)


  • 2:30 - 3:30 PM Sales and Trader (35%)

    3:30 - 4:30 PM Price Discovery (35%)


  • 4:30 - 5:00 PM Announce Competition winners!



Overall Prize Winners




  1. First Place Prize 2 x $100 Amazon Gift Cards


  2. Second Place Prize 2 x $50 Amazon Gift Cards


  3. Third Place Prize 2 x $25 Amazon Gift Cards



In addition, winners of each case (price discovery, s&t, social outcry) will each receive a trading book.



Practice Sessions



If you are new to trading and the Rotman software, don’t stress! We will be hosting three introductory sessions to get the Rotman Interactive Trader software on your computer, walk through the basics of using it and give you some hints on strategies for the competition. The times are -




  • Monday, April 30th 7:00-8:30PM Room 3-442


  • Thursday, May 3th 7:00-8:30PM Room 3-442


  • Saturday, May 5th 11:00-12:30 PM Room 32-141



Refer a friend



Students who refer other students to the competition will be given extra news items during the social outcry case.  Indicate who referred you when you sign up.



UPDATE: We have canceled this provision.  As of 10:47pm Friday night, no valid referrals had been entered.  Referring yourself, or having your teammate refer you and vice versa, was not considered a valid referral.



Materials for the competition




FAQ



Q: I’m a masters or PhD student at MIT, can I still participate?



A: First priority is for MIT undergraduates, however we don’t expect to fill the competition room with just MIT undergraduates. Feel free to register, and we will let you know beforehand if there will be enough spots.



Q: Is the same as the Traders@MIT Intercollegiate Fall Competition?



A: No, this is a low pressure, educational event aimed at people with little prior experience. We see it as a way to prepare for the Fall Competition - learn to trade at the Spring Competition, then impress company sponsors at the Fall Competition!


Website: https://docs.google.com/spreadsheet/viewform?formkey=dElqem1VUGZmczA5UlFHT1dvNmRvbWc6MQ#gid=0

2011 Intercollegiate Fall Trading Competition

Sat November 5, 2011 | 9:00 AM - 7:00 PM

Firm(s): DRW Trading, Flow Traders, GETCO, Goldman Sachs, IMC Financial Markets, JP Morgan, Morgan Stanley, Tower Research Capital, and Weiss Asset Management

Join us for our fall intercollegiate trading competition! One of our largest events of the year, the competition encompasses five different 45-minute electronic and open-outcry trading events, as well as a pre-competition social mixer, complimentary meals, and sponsor events throughout the day.

Teams of two students each (up to five teams per school) compete for recognition and prizes, including registration in the Rotman International Trading Competition in Toronto for the top two teams. Schools competing last year included MIT, Harvard, Princeton, Penn, Columbia, Dartmouth, NYU, and Wellesley.

Representatives from our sponsors, including many prominent investment banks and proprietary trading firms, will be in attendance to discuss their companies and trading-related issues. Sponsors will also present their own, additional prizes to the top teams.

Location: 4-159

Getting Jobs in Algorithmic Trading

Mon October 17, 2011 | 6:00 PM - 7:30 PM

Firm(s):

World Wide Financial Recruiting Services, LLC

Join Traders@MIT and Brennan Hughes and Rob Khoury, founders of World Wide Financial Recruiting Services, LLC in a candid discussion about getting a job in algorithmic trading. Find out the most recent advancements in technology that affect algorithmic trading, and learn how to prepare for success in the industry. Brennan and Rob will talk about the skills you need and what companies look for.

Brennan and Rob will also be hosting a free resume review from 1-5 PM on 10/17 in 4-251. Please choose a timeslot on this Doodle form: http://www.doodle.com/uas664mxsz8m2vm7. Then, please email Brennan Hughes (bhughes@wwfirs.com) with your resume.

Dinner will be provided.

All are welcome, from freshmen to seniors. No trading experience is necessary!

Location: 24-121

Options Greeks

Tue October 11, 2011 | 6:00 PM - 7:00 PM

Firm(s):

Belvedere Trading

Join Traders@MIT and Belvedere Trading, a Chicago-based proprietary trading firm, to learn about options Greeks, how to manage your positions and make money.

Founded in 2002, Belvedere Trading is a leading proprietary trading firm. They specialize in equity index, fixed income, and commodity derivatives. They trade electronically from their headquarters in downtown Chicago, and utilize their own proprietary technology, trading models/strategies, and risk management capabilities.

Refreshments will be provided.

Networking with representatives and students to follow.


Location: 3-133

Introduction to Event Driven Trading and Merger Arbitrage

Fri September 30, 2011 | 6:30 PM - 8:00 PM

Firm(s): Jefferies & Co.

Join Jefferies' Event Driven Strategist, Ted Chen (MIT Sloan ’06), for a discussion on event-driven investing and merger arbitrage. Learn about how event-driven investing exploits mispricings between stocks, and see whether it might be for you. The discussion will be followed by a networking session with several representatives from the Equities Trading division. Jefferies is currently accepting resumes for the 2012 Summer Internship program – feel free to bring a copy to the event.

Location: 4-163

Working at a Trading Startup

Thu September 29, 2011 | 6:30 PM - 8:00 PM

Firm(s):

Eladian Partners

Eladian Partners is an extremely successful high-frequency trading startup that has just started recruiting at MIT. Trading startups offer unparalleled opportunities for new hires, and allow for enormous flexibility in terms of work habits and projects. Get the inside scoop on how trading startups work, and what the high frequency trading industry has to offer new startups.


Location: 56-154

Hit The Trading Floor Running: J.P Morgan Floor Trading Game

Thu September 29, 2011 | 4:30 PM - 6:30 PM

Firm(s):

J. P. Morgan

Ever wondered what the buzz of the trading floor is really like? Looking for a summer internship in trading at J.P. Morgan? Come play J.P. Morgan’s paper trading game! Get a feel for thinking on your feet, calculating probabilities quickly, and immediately taking advantage of opportunities. We’ll teach you the basics, and then it’s over to you. The money may not be real, but the excitement certainly is. Be a part of it.

This event is targeted toward freshmen, sophomores and juniors interested in interning at J.P. Morgan. However, all students are welcome.

Location: 5-217

Mock Trading Session

Tue September 27, 2011 | 7:00 PM - 9:00 PM

Firm(s): Susquehanna International Group

SIG, a world-leading, technology-empowered financial trading firm, is coming to campus to run a mock trading session with Traders@MIT. All MIT students are welcome to attend. Representatives will include Pat McCauley, COO of Trading Businesses, and Jarrod Boland, 2008 MIT alum and options trader. The traders will open the session with a brief overview of how SIG uses game theory and decision science to allocate SIG’s capital in today’s options markets. Students will then have the opportunity to practice trading with each other in a simulated open outcry setting.

Dinner will be provided.

Location: 4-159

Tower Research Capital Tech Talk

Mon September 26, 2011 | 7:00 PM - 9:00 PM

Firm(s):

Tower Research Capital

Join us for discussion with a portfolio manager at Tower Research Capital, a leading proprietary trading firm in New York City. Trading groups at Tower conduct advanced quantitative modeling and develop high-performance software to implement their strategies, and the firm as a whole has invested in some of the fastest trading systems in the world.

If your idea of trading involves winning races, if you're interested in pushing the limits of efficiency in the world’s most competitive markets, join us Monday evening to learn more.

Location: 4-153

Introduction to Trading

Mon September 19, 2011 | 7:00 PM - 8:30 PM

Come join the current Traders@MIT Executive Board for a one-hour crash course about the financial markets. Learn about basic trading terminology, asset classes, market players, and trading strategies. Find out more about what the Traders@MIT board is all about.

Freshmen and sophomores – if you are interested in joining the Traders@MIT executive board, we highly encourage you to attend!


Location: 4-237

Interviews Beyond Brainteasers

Thu April 28, 2011 | 7:30 PM - 9:00 PM

Firm(s):

Weiss Asset Management

Now is one of the best times for students, especially freshman and sophomores, to identify and target top hedge fund internship opportunities. On Thursday, April 28, 2011, at 7:30 PM, traders and recruiting managers from Weiss Asset Management will speak about how you can be successful in the recruiting process and the opportunities available at their firm through a two-part speaker and presentation event.


Location: 2-142

Global Quant Trading

Wed April 6, 2011 | 7:00 PM - 9:00 PM

Firm(s):

Allston Trading

Dinner will be provided

Desserts and networking with representatives and students to follow.

Two MIT alums will discuss current events and emerging opportunities in quantitative trading, and will also provide a sneak peek at the upcoming Allston Trading Competition.


Location: 32-144

2010 Intercollegiate Fall Trading Competition

Sat November 20, 2010 | 9:30 AM - 6:30 PM

Join us for our fall intercollegiate trading competition! One of our largest events of the year, the competition encompasses five different 45-minute electronic and open-outcry trading events, as well as a pre-competition social mixer, complimentary meals, and sponsor events throughout the day.

Teams of two students each (up to five teams per school) compete for recognition and prizes, including registration in the Rotman International Trading Competition in Toronto for the top two teams. Schools competing last year included MIT, Harvard, Princeton, Penn, Columbia, Dartmouth, NYU, and Wellesley.

Representatives from our sponsors, including many prominent investment banks and proprietary trading firms, will be in attendance to discuss their companies and trading-related issues. Sponsors will also present their own, additional prizes to the top teams.


Location: Characters Bar and Grill

2010 Pre-Competition Social Mixer

Sun September 19, 2010 | 9:30 PM - 11:59 PM

Appetizers and non-alcoholic beverages will be provided.


Location: 4-231

Decision Science and Poker

Tue March 16, 2010 | 5:30 PM - 7:00 PM

Firm(s):

Susquehanna International Group

Find out how Susquehanna International Group, LLP uses poker playing to model risk decisions that their traders make in the financial markets. The examples draw on cognitive biases, behavioral economics and game theory analyses. Learn about types of decisions and errors we all make every day, and how to take advantage of them in games such as poker. This is the last part in a great series about Decision Science – don't miss it! Prior attendance is not required.


Location: 4-149

Exploring Algorithmic Trading Strategies

Wed March 10, 2010 | 6:00 PM - 7:30 PM

Firm(s):

IMC Chicago

Join traders from IMC Chicago in a frank discussion about algorithmic trading strategies – learn about how traders research and discover automated trading strategies, and identify skills needed to be a successful algorithmic trader. After imparting some background in algorithmic trading, IMC traders will share an outdated algorithmic trading strategy to show participants how and why the strategy worked. This will be an invaluable one-time opportunity to get into the mind of an algorithmic trader – there will be a Q&A session at the end.

Please feel free to bring your resume for internship and full-time opportunities in trading.


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