Baruch College's Wasserman Trading Floor Hosts Simulated Trading Sessions, May 20 - 23
Future Financial Wizards Train at Cutting-Edge Facility
Baruch College's Wasserman Trading Floor in the Subotnick Financial Services Center gives the College's students access to one of the most sophisticated simulating trading environments in the United States.
--Photo by Mario Morgado
New York, NY – May 19, 2008 – Baruch student Bruno Ocampo (’08) will hit pay dirt this week when he gets a cool $1 million, and a few hundred shares of stocks and bonds, as part of his internship award from the Sponsors for Educational Opportunity (SEO) Career Program.
Unfortunately, the money won’t be real. Neither will the stocks and bonds.
Ocampo, a finance major, along with approximately 66 other minority students from 46 colleges and universities nationwide, will use these fictive assets as elements in a simulated trading exercise, to take place at Baruch from Tuesday, May 20 to Friday, May 23. It’s all part of the program's fourth annual training event for sales, trading, and asset management students who were granted paid SEO internships this summer at major financial services firms in New York City. The event is being hosted by the College's Wasserman Trading Floor in the Subotnick Financial Services Center, located on the first floor of the Information and Technology Building at 151 E. 25th St.
Along with the virtual trading, students will also get hands-on training with Reuters and Bloomberg terminals, and lectures and discussions about financial markets and asset management in order to cut it in today’s rough and tumble market.
"With all of the turmoil in the financial markets, these students will face very stiff competition for full-time offers this summer. The training we do is more vital than ever," said Professor Richard Holowczak, director of the Subotnick Center.
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