The Annual Trading Competition

A team presenting their Diageo equity pitch to judges in a University of Bristol lecture theatre

All 14 teams. One instrument each. External judges.

This year every analyst team competes: each runs a mock portfolio, pitches a single instrument and defends it under questioning from judges drawn from industry.

Last year’s seven-team edition was won by the US 10-year yield and Diageo teams, from a field spanning Brent crude, copper, Eli Lilly, Novo Nordisk and European defence.

  • April – June
  • 14 teams
  • External judges
  • Pitch format
Team pitching the US 10-year yield at the annual trading competition
Winner US 10-year yield
Judges questioning the Diageo team after their pitch
Winner Diageo
Team pitching Brent crude at the annual trading competition
Brent crude
Team pitching copper at the annual trading competition
Copper
Team pitching Eli Lilly at the annual trading competition
Eli Lilly
Team pitching European defence at the annual trading competition
European defence

Competitions and simulations

Members taking part in the annual BTS macro debate competition
Annual

Macro Debate Competition

A for-and-against debate on a live macro question, argued in front of the room. The 2025–26 motion asked whether Argentina should adopt a free-floating exchange rate — the “for” side took it.

Members using the Bloomberg Terminal at a give-it-a-go session
Open to all · no experience needed

Bloomberg Terminal Sessions

Hands-on give-it-a-go sessions on the Terminal. The fastest way to go from never having touched market data to pulling a curve yourself.

The year at a glance

September – December

January – March

  • Macro Debate Competition Spring
  • Division workshops Termly
  • Industry socials By invitation

April – June

  • Annual Trading Competition Flagship
  • Energy Trading Week Partner event
  • Division head applications August

Hear about the next one first