Resources
The Wasserman Trading Floor operates as a high-tech, hands-on instructional classroom. It provides students and faculty access to real-time financial data, professional research tools, and leading analytic software. At other times, the floor is a lab for use by students and faculty.
Classes held in the center conduct closed simulations based on existing software as well as on-line data feeds from major market data sources. These systems provide a close analogue to real trading and are an effective hands-on learning tool to complement classroom finance theory. To simulate the "big picture" of a trading system, the trading floor environment includes the following:
- Desktop: what you see on the broker's desktop including real-time quotes, pricing with real-time quotes, financial analysis and models, risk management, and relevant news releases.
- Pre-trade applications: pre-trade strategies, order entry, credit validation.
- Trade execution: order routing, order matching, legal compliance.
- Trade Management: trade confirmation, management of allocation instructions, post trade aggregation, generation of settlement instruction, legal compliance.
- Clearing and Settlement: links to the back office for balancing the customer's book, links to the clearing house, links to the custodian (for customers).
Some of the software used at Subotnick Financial Services Center:
- Reuters 3000 Xtra
- Reuters Power Plus Pro
- Bloomberg
- TradeStation
- Rina Systems PortfolioStream v4
- Thomson One Analytics / FirstCall
- Vhayu Traderbot
- NASDAQ Head Trader
- IBBotson
- Option Simulator
- Traders Game
- Lindo
- Market Simulator
- PHStat 2
- MS Office 2003
- Palisade Decision Tools
- Quick Quant
- The SAS System for Windows
- Barra Aegis and Cosmos
Additional Links of Interest:
- Schedule of Reuters Workshops offered by the Newman Library staff at Baruch College (Baruch students, faculty and staff only).
- Be sure to check out Fin-cam - our live web cam of the Trading Floor
The Center is a major resource for financial services firms, technology vendors, and management consultants to train and upgrade the skills of their employees.
