Baruch Hosts NY Board of Trade's Fourth Annual Mock Trading Session
New York, NY - October 6, 2006--Traders and staffers from the New York Board of Trade will put Baruch’s world-class Wasserman Trading Floor/Subotnick Financial Services Center through its paces as they conduct their annual live simulated trading session from 1:00 to 3:00 PM on Thursday, Oct. 12. The session is designed to give students a realistic experience with the inner workings of commodity futures markets, and also allows them to test their wits against seasoned traders. Students do not need any prior experience, and do not need to register to participate in the day’s activities.
The mock session, sponsored by the Wasserman Trading Floor/Subotnick Financial Services Center and the Finance and Economics Society, marks the New York Board of Trade's fourth consecutive visit to the College. Last year’s event drew more than 100 enthusiastic students and gave them a real-life taste of the " open outcry" system, in which buyers and sellers yell their orders out to each other in the trading pit.
“Being a commodity trader requires a great amount of energy, the ability to think fast and scream very loud, so other traders can hear your trades,” said Baruch student Louis Romero after last year’s mock session.
The Wasserman Trading Floor/Subotnick Financial Services Center houses one of the largest and most sophisticated financial education facilities in the country. The trading floor features 42 computer workstations displaying live data feeds and real-time market quotes, and was used as a real temporary trading facility by more than 30 displaced traders following the events of September 11, 2001.
About Baruch College
Baruch College has an over 150-year history of excellence in public higher education with an emphasis on business. It is an award-winning, diverse institution and a senior college in The City University of New York system, the nation’s leading urban public university system. Baruch draws bright and ambitious students who are serious about preparing themselves to succeed.
Baruch offers undergraduate and graduate programs of study through its three schools: the Zicklin School of Business, the Weissman School of Arts and Sciences, and the School of Public Affairs. The College also offers non-degree and certificate programs through its Division of Continuing and Professional Studies.
Contact: Carol Abrams, Chief Communications Officer, (646) 660-6105