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    Interactive Brokers Group, a global leader in market-making and brokerage services, is inviting individual students to participate in the fourth IB Collegiate Electronic Trading Olympiad for a chance to win individual cash prizes of US $1,000 to US $100,000* and consideration for full-time employment.

    What is the IB Trading Olympiad?

    The 2009 Olympiad seeks to highlight the growing need for tech-savvy students in the financial industry and to draw attention to this need in academia generally and particularly among students who are making important career choices.
    Students must create and implement real-time program trading applications. Those whose trading technology generates the highest profits by the end of the competition will earn: 1st place (1 student) US $100,000; 2nd places (2 students) US $50,000 each; 3rd places (10 students) US $10,000 each; placing prizes (100 students) US $1,000 each.
    Trades must be generated by algorithms and may involve the following asset classes -- US stocks, US options, US futures, US bonds and forex -- directly accessible on Interactive Brokers direct access trading platform.
    Students will trade with US $1,000,000 in phantom money, with the same Interactive Brokers Trader Workstation (TWS) Application Program Interface (API) that professional traders use.
    Multiple programming languages are supported, including Java, C++, C, and Visual Basic.
    All participants will be considered for full-time employment.
    There is no cost to enter and participate in the Olympiad.
    How to apply?

    The Olympiad is open to any undergraduate or graduate student with programming experience**.
    All applications must be submitted by Wednesday December 31, 2008 at 11:59 p.m. EST. The competition is limited to 2,000 students, with applications accepted on a first-come, first-served basis.
    Trading will start on Monday January 12, 2009 at 12:01 a.m. EST and run for 8 weeks until Friday March 6, 2009 at 11:59 p.m. EST.
    Step-by-step instructions for completing the application process can be found at http://www.interactivebrokers.com .

    Direct all competition questions to ibtradingolympiad@interactivebrokers.com. Media should direct their questions to Andrew Wilkinson at +1 203 618-8085.

    * A total of up to $400,000 in prize money will be awarded.
    ** Quebec, Canada residents may not apply due to legal restrictions.


    Interactive Brokers LLC - Member FINRA - SIPC

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