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Frequently Asked Questions, Bert W. and Sandra Wasserman Trading Floor Subotnick Financial Services Center

When did the Center open?

Construction concluded in the Spring of 2000. The formal dedication was held on March 28. The Center opened for student use in the Fall of 2000.

Where is the Center located?

The Center is located on the ground floor of 151 E. 25th street. This building also houses the Newman Library and the Baruch Computing and Technology Center.

What kind of equipment (hardware/software) does the Center have?

The Center contains four main areas: The Trading Floor, the Development Classroom, the Research Facility and the Seminar Room.

The Trading Floor contains 55 Dell Precision Workstations running the Windows 7 Professional operating system. Real-time data is provided by most US equity and derivatives markets and is available through Bloomberg and FactSet software systems.

Who is allowed to use the Center?

Students enrolled in undergraduate or graduate degree programs at Baruch College are allowed access to the Center.

What do I need to do in order to use the Center?

Students are encouraged to attend one of our many free workshops that introduce the basics of Bloomberg, FactSet and/or CapitalIQ. See the Center's Calendar pages for the workshop schedule and to sign up on-line.

Next, when you visit the Center during open lab hours, you will need to bring your Baruch ID card.

I'm a Baruch alumnus. Can I use the Center?

Yes, provided you have a valid Alumni ID card.

How is the Trading Floor used?

The primary use of the Center is to complement existing and special topics courses in Accounting, Computer Information Systems, Economics, Finance, Management, Marketing, Statistics, Financial Engineering and other disciplines at Baruch College. Over 100 different courses have used the Center as an experiential learning "lab" where students gain hands-on experience working with professional financial software and trading systems.

At this time there are no plans for a specific "Trading Floor" or "Wall Street 101" course.

Will there be a degree program specifically in Trading or other financial services?

At this time, there are no plans to offer specific degree programs in financial services (e.g., "trading"), however the Baruch Financial Engineering program offers many courses in market microstructure and trading.

What courses at Baruch incorporate the use of the Center?

Many Economics, Financial, Accounting, Statistics, Computer Information Systems and Financial Engineering undergraduate and graduate courses use the center.

Are there any Continuing Education (non-credit) or Executive Education courses that make use of the Center?

At this time there are no courses offered to the public though the Baruch Continuing and Professional Studies (CAPS) department.

Will the Center offer any testing or preparation courses (e.g., for Series 7)?

The primary use of the Center is to support existing courses at Baruch. There are no plans to offer preparation classes for broker registration exams.

Can I use the Center to day trade or learn how to do day trading?

Use of the Center is presently restricted to academic and research uses. Cell phones and outgoing phone calls are prohibited. Internet access is restricted and monitored to prevent actual trades using on-line brokerages.

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