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In the News: Chicago finance community raises over $100k for tech education

Just before Thanksgiving, the Chicago trading community joined together with some of the city’s leading tech and start-up firms to raise money for technology education… and battle for table tennis glory.

T4Youth — the four “T”s stand for “tech table tennis tournament” — was founded in 2014 by trading technology recruiting agency Objective Paradigm, SPR Consulting and futures industry public relations firm 3Points Communications with the aim of turning technologists’ common love of ping pong into a way to give back to the community. The event supports the Chicago Tech Academy (ChiTech), a local high school dedicated to providing low-income students with technology and entrepreneurship skills.

The tournament has grown in each of its three years, with this year’s edition setting new records for participation and fundraising. After raising $50,000 in 2014 and $80,000 in 2015, T4Youth 2016 raised over $100,000 for ChiTech. Numerous students and teachers were on-hand at the event on Nov. 17, meeting with attendees and working the event’s raffle, which included prizes such as United Airlines travel vouchers, Chicago Bulls tickets and complimentary hotel stays.

Overall, teams from 43 companies participated, and 22 CEOs and CTOs also played in a special “C-Level Challenge.” As has been the case from the tournament’s founding, numerous trading and fintech firms were heavily involved. DRW, the inaugural champions in 2014, were this year’s Gold Sponsor and finished third. Two DRW portfolio companies, Cumberland Mining and Vigilant, also participated.

Read more at MarketVoice.