Menlo College proudly announces its remarkable achievement in the annual Bloomberg Trading Challenge, attaining significant standings in a highly competitive global arena. This year’s competition saw Menlo College secure an impressive #3 position among North American competitors and a prestigious #7 rank globally, contending with 2,007 teams executing a total of 48,061 trades.
Under the leadership of team captain Andrew Salamon ’24, accompanied by Javier Banson ’24, Karla Martinez ’25, and Jan Zuazo ’24, and guided by faculty advisors Manish Tewari and Faten Ben Bouheni, the Menlo College team showcased strategic aptitude and resilience throughout the rigorous competition.
“The experience has been incredibly enriching, not just in terms of the financial knowledge gained, but also in seeing the power of a resilient and determined team working toward a common goal. The Bloomberg Trading Challenge was, without a doubt, a defining moment in my educational journey.” – Javier Banson ‘24
The Bloomberg Trading Competition, exclusively conducted within the Bloomberg Terminal, provided a platform for 2,000 teams to maneuver a virtual $1 million dollars across securities from the WLS Index. The competition imposed strict guidelines, including constraints on ETFs, short positions, leverage, and a cap on single-position investments, effectively evaluating the strategic agility and real-time decision-making capabilities of participating teams.
Reflecting on the experience, team members acknowledged the challenges faced and highlighted their adaptability, collaboration, and dedication during market fluctuations. Despite varying levels of experience in trading, each member expressed gratitude for the peer support and the valuable insights gained during the competition.
Menlo College’s outstanding performance in the Bloomberg Trading Challenge underscores the dedication and collaborative spirit of its students and faculty advisors.
“Menlo College’s exceptional rankings in the 2023 Bloomberg Trading Challenge signify the excellence of our students and faculty in a competitive landscape. I congratulate the leadership of team captain Andrew Salamon ’24, and team members Javier Banson ’24, Karla Martinez ’25, and Jan Zuazo ’24, alongside faculty advisors Manish Tewari and Faten Ben Bouheni. Their dedication and collaboration in this rigorous competition exemplify Menlo’s innovation and tenacity. This accomplishment is a proud moment for our institution. It showcases our students’ ability to thrive in real-world challenges. Kudos to the team for their remarkable performance.” – Steven Weiner, Menlo College President
Menlo College is a small private, nonprofit college founded in 1927 with a mission to “ignite potential and educate students to make meaningful contributions in the innovation economy.” A residential college in the heart of Silicon Valley, Menlo College offers undergraduate degrees in business and psychology and master’s degrees in sport and performance psychology and information systems. Menlo is designated as both a Hispanic-Serving Institution (HSI) and an Asian American, Native American and Pacific Islander-Serving (AANAPISI) Institution.
