Student Profile: Valentin Nigmatullin

Tuesday, November 24, 2015 - 11:50am
Eva Mitre

Valentin, shown front and centre, competing in Rotman's 2015 Commerce Trading Competition.

The 4th annual Rotman Online Trading Competition (ROTC) took place in the Rotman Finance Lab on November 21st at the St. George campus. The competition is a three-hour trading simulation in which participants are given two cases and asked to develop and implement individual trading strategies intended to generate the highest profits.

We are proud to announce that one of UTM’s Commerce students, Valentin Nigmatullin, ranked 5th in Sales and Trading and 23rd in Options, even placing 1st, 2nd and 3rd in the first three Sales and Trading portions, with an overall rank of 10.

Valentin is a 3rd year Finance Specialist and hopes to pursue a career in Investment Banking. "I really liked this competition because it gave me a taste of reality and what it is like to be a full time trader in a fast-paced environment. At certain points, I felt like my emotions were taking over my decision making and I realized how important it is to seperate emotions from critical thinking, especially in the world of trading." Valentin also attributes his knowledge of how to use the Rotman Interactive Trader platform to Professor Andreas Park's MGT435 class which uses this application extensively. 

He would like to thank former FLC Student Assistant and former Interim Lab Manager Wilson Chen for volunteering to hold workshops for this competition for interested UTM students on behalf of the FLC. "Without his help, I wouldn't have achieved these results", says Valentin.

Those who placed in the top 6 will represent University of Toronto at the Rotman International Trading Competition.  The next top six, which includes Valentin, may also have the opportunity to represent University of Toronto should the university decide to have 2 teams participate. The Rotman International Trading Competition is an annual competition which brings in teams from all over the world to take participate in a three-day simulated market challenge. 

Way to go, Valentin!