Master Financial Technology with an MSc Fintech Degree

As the first term comes to an end, the annual student Christmas party returned this year. We welcomed ICMA Centre students and staff to celebrate the festive season and relax after a busy term.

The ICMA Centre has been ranked 2nd for employability by The Times Good University 2011*. This ranking demonstrates the emphasis the Centre places on producing graduates with skills and knowledge of real value to institutions in the financial markets.

Momentum trading is a popular strategy in the commodity futures markets. The idea is simple. Suppose that an investor wants to invest in the first nearby contract of several commodity markets, e.g. crude oil, live cattle and gold. At the end of each month, the trader ranks these assets according to their past return performance, observed over a measurement period of 12 months for example, from the top performing asset to the bottom performing asset. The investor opens a long position in the first nearby of the markets that performed well and a short position in the first nearby of the markets that underperformed. These positions are held throughout the next month. This strategy has performed historically well historically and has attracted the interest of investors.