The School of Mathematics, Statistics and Actuarial Science‘s 2022 Trading Club has had its first meeting, with students taking part both in-person and online.
This is the third year of operation of the club, which was launched by Dr Melania Nica, Lecturer in Actuarial Science, in 2019-20.
At Trading Club, each student registers for a simulated trading account on a live platform with an international brokerage. They each start with a nominal USD 1 million in cash in their account, and then trade in stocks, commodities, futures and options at live market prices.
The club acts as a venue for students to learn about the operation of the markets, to experience first hand the technicalities associated with transacting in securities, and to discuss current events and investment strategies. The aim is to have fun while learning! The trading platform is installed in the Sibson computer lab, and the group meets every Wednesday afternoon.
Trading Club is open to SMSAS postgraduate students and final year undergraduate students. The club is currently at capacity, but if you would like to express your interest, please contact Dr Melania Nica at M.Nicaemail@example.com.