By Francioni, Reto; Schwartz, Robert Alan; Weber, Bruce W
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Extra resources for The equity trader course
Sample text
An academic trading floor, by its very nature, is interdisciplinary. The primary academic fields that we interface with are finance, economics, accounting, and my own field, computer information systems. , we can follow live news events as they unfold). This is where tools and techniques for problem solving meet specific problems. The problems do not necessarily fit into standard classroom categories. Issues regarding trading and investing transcend finance, economics, and information technology. At our center, we pay particular attention to the trading activity.
So far, in discrete events mode, you have been able to control time by keeping the “GO” button on and using the “+>” button to trigger the next event. You can use the continuous time mode by clicking the “LIVE” button, and the simulation will be updated automatically. You can set the speed to slow, medium, or fast with the “>”, “>>,” and “>>>” buttons. The faster the simulation, the more challenging you will find TraderEx to be. Be careful with the “QUIT” button; it ends the simulation and gives you the performance measures up to that point.
With the Go mode, you can advance the simulation from event to event by first clicking on the “GO” button, and then clicking on the advance arrow button “+>” to trigger the next event. This mode should be used while first gaining familiarity with the simulation. 2. In the Live mode, a time clock in the software advances the simulation automatically. To initiate the continuous running mode, click on the “LIVE” button, which toggles off the GO and > buttons, and begins to advance the clock automatically.