Gordon Sick Photo

 

Gordon Sick
Emeritus Professor of Finance in the Haskayne School of Business at the University of Calgary

Finance Trading Lab and Competitions

I use the N Murray Edwards Trading and Finance Lab to support enhancements to the Haskayne Finance program related to trading. I work on these projects with our Trading Lab Coordinator, George Hart.

I'm no longer involved in coaching our Teams for teh Rotman International Trading Competition (RITC), and George has ably taking over the coaching job. The University of Calgary team again placed second in RITC 2020.

The RITC 2019 was a rebuilding year for us, as we had 5 rookies and only one veteran. Nevertheless, our team placed 2nd.

In February 2018, our Haskayne Team placed First out of 52 teams at the Rotman International Trading Competition (RITC). Although our team only had undergraduate students, most of the teams consisted of graduate students. Indeed, 19 of the teams were from specialist masters programs in finance with names like "Masters of Financial Engineering" and "Masters of Quantitative Finance".

In 2017, our Team Placed 2nd. Since the sequence to this point was placements of 5, 4, 3 and now 2, there were high expecations for 2018!

In 2016, our Haskayne Team placed 3rd out of 52 teams in the Rotman Interneational Trading Competition (RITC). We beat all 18 Canadian teams, as well as teams from strong schools, such as MIT, Carnegie Mellon, Princetion, Columbia, New York University, Duke, Chicago and Berkeley.

In 2015 our Haskayne Team Gold placed 4th and the all-rookie Team Red placed 10th, out of 40 teams. I'm very proude of them.

Our 2014 team placed 5th out of 52 teams, beating teams from MIT, Princeton, Cornell, Duke, Stanford and Berkeley, as well as Waterloo, Toronto and the University of Alberta. That same link has photos for the 2013 team and results for 2012-2016.

BP Canada Trading Competition, will be held for all University of Calgary students on Saturday October 5, 2019.

We also organizied the Western Invitational Trading Challenge (WITC) in November 2018. Teams from Western Canadian schools that have Rotman RIT licences were invited. We use ito help select our team for the RITC.

Trading and Finance Lab Access

The Trading Lab is a premium facility for working on projects that use financial data or involve trading simulations. It is not for general use, so access is restricted to students who demonstrate a need to use lab facilities.

The equipment in the Lab is expensive and it can be damaged by students drinking and eating in the lab. The simple rule is: Don't eat or drink in the Lab.

We have an online application form for using the lab to emphasize that University personnel can examine access logs for the Lab and the Lab computers to determine the cause of damage to lab facilities from misuse and that this can result in loss of Lab access privileges or discipline such as under the Non-Academic Misconduct Policy.

Research

Resumé

Research Papers

Academic associations that I help organize:

International Real Options Annual Conferences

Northern Finance Association I was the Vice-President and Program Chair for the NFA 2014 Conference in Ottawa.

Teaching

In January 2020, I taught my Trading and Market Data Management course (FNCE 449 for the last time. I really enjoyed the course and the opportunity I had to work with some of the best Haskayne Undergrad and Grad Finance students in this course, which had limited Enrollment by Permission of Instructor.

George Hart will be teaching the course in January 2021. George and I have worked in and on the Trading Lab for many years. He and I have co-coached the Haskayne trading teams in the Rotman International Trading Competition (RITC) for several years and George has taken over that project by himself since my retirement. George and I have also worked together with other aspects of the Trading Lab, including the Data Feeds and the 449 course. So George is the natural person to take over this course. I will provide him with assistance where he asks for it.

George will be modifying parts of my old course, and keeping other parts of it. Not all of the details are settled, but it will still involve Enrollment by Permission of Instructor. I have posted a link to his application form on my FNCE 449 website.

Applications are due on June 1, 2020 and George will notify students of acceptance by June 8.

Consulting

I do a variety of consulting, including expert testimony and management consulting. Recent projects have included valuation of union merger gains and losses under various seniority rules, valuation of illiquid (restricted) stock holdings, real options analysis and valuation of spark spreads, real options analysis and valuation of mine development strategies, and valuation of liquidated damages on a long-term gas purchase contract (including Kalman filter analysis of forward curves). Contact me for details.

Personal Interests

I'm an amateur photographer. I particularly like the challenge of bird photography, but I also shoot scenery, cityscapes and candid people. I am currently reconfiguring my photography website and will post a link here when it is finished.

I'm a past president of PLAN Calgary, also known as The RoadAhead Society of Calgary, which helps people with developmental disabilities and their families work out a plan for living without the support of parents.

Some interesting Science Fair work in astronomy was done by my son, Jonathan Sick, when in Junior and Senior High School. He graduated in astrophysics from Rice in 2008, after working two summers at the Space Telescope Science Insitute in Baltimore. He just defended his PhD in astrophysics at Queen's. While finishing his PhD, he is a software engineer for the Large Scale Synoptic Telescope (LSST), which is being built in Chile.