On April 8, the Undergraduate Computational Finance Team, or Texas UCF, consisting of UTCS students Rahul Gupta, Sam Barani and Vishal Gullapalli, won first place in the Midwest Trading Competition.

Teams from 35 schools across the US and Canada competed at the event, hosted by the University of Chicago, to create and test trading algorithms in real market conditions. The competition includes two case studies, giving students an opportunity to test their skills against the same conditions as professional traders.

For their first-place victory in the first case study, Texas UCF won a cash prize and a dinner with trading firm and competition sponsor DRW.