On Friday, January 25, 2019, Optiver took top honours at the Dutch Mathematical Olympiad for Companies at Cito in Arnhem. It is the second time that Optiver secured first place in the prestigious, annual competition aimed at promoting mathematical knowledge throughout the Netherlands. Optiver was represented by Prasad Chebolu, Zhi Qiao and Declan Gorey, who competed against 73 participants from 25 companies and institutes.
“To be successful at algorithmic trading, one requires highly developed mathematical skills. We are humbled to have talent such as Zhi, Prasad, Declan and Yan in our team and are very proud of the it performance.” Said Rutger Brinkhuis, Head of Trading at Optiver.
The first place was awarded to Optiver’s delegation for its 118 points. The teams of ORTEC (also 118 points, but lower points for individual assignments) and ABN AMRO Bank (98 points) achieved an honorable 2nd and 3rd place.
Do you want to practice your Maths skills? Please find the problems and solutions on this website.
ABOUT THE DUTCH MATHS OLYMPIAD FOR SECONDARY SCHOOL STUDENTS
The goal of the 'Nederlandse
Wiskunde Olympiade' (Dutch Maths Olympiad) for students are to stimulate
the study of mathematics in secondary school, to identify talented young
mathematicians and encourage them to pursue a scientific career, particularly
in mathematics and to select and train students to represent the Netherlands in
international mathematical competitions, such as the International Mathematical
Olympiad (IMO). Additionally, the 'Nederlandse Wiskunde
Olympiade' promotes several regional and state mathematical tournaments
within the Netherlands.
The next edition of the Mathematics Olympiad for Companies will take place next year.