The Lerner College Trading Center utilizes a variety of financial products and services. The Center is equipped with 22 Dell Desktops with dual monitors and Dell server hardware. The PCs are set up individually for student use or can be controlled by an instructor to coordinate in class exercises. Reuters and Bloomberg provide access to historical and real time data on stocks, bonds, commodities, futures, currencies, real estate, options and other derivative products. These systems also provide a variety of analysis both fundamental and technical. On the walls are 4 flat screen monitors and 2 tickers running along the ceiling. This equipment is being fed with real time data from RiseVision. The Center is also equipped with an audio video conferencing system so that we can connect with guest speakers located globally.
FactSet – FactSet is a flexible, all-in-one system designed to work efficiently and effectively. With FactSet, we can create personalized workspaces designed for Investment Managers, Hedge Funds, Investment Bankers, Quantitative Research, and more. Access to FactSet includes these features: Market Analytics, Financial Content and Data Sets, Microsoft Office Integration of Market Data, Financial Screening, and Customized Analytics and Data.
Bloomberg – The BLOOMBERG PROFESSIONAL® service integrates real-time and historical information on approximately 5 million bonds, equities, commodities, currencies and funds. Its electronic library also comprises data on almost every publicly traded company and biographies of more than 1 million people. Bloomberg provides on-demand multimedia content, extensive electronic-trading capabilities, and a superior communications platform. The BLOOMBERG PROFESSIONAL community comprises approximately 250,000 subscribers from the world's central banks, investment institutions, commercial banks, government offices and agencies, law firms, corporations and news organizations in over 150 countries. Virtually every leading bank, brokerage, insurance company, financial regulator and corporation is a subscriber.
TraderEx - TraderEx is an interactive computer simulation designed to provide participants with hands-on experience in making tactical trading decisions, and implementing them in different market environments. Continuous order driven and quote driven markets are simulated, along with call auctions and hybrid combinations. The simulation exercises are an invaluable tool for deepening understanding of how the structure of trading influences actual trading behavior. Students enter orders into a computer-driven market that generates its own order flow, and can respond directly to your orders. Students see their results in real-time and can analyze them after each simulation run. www.etraderex.net
SAS - SAS is an integrated system of software products that enables the programmer to perform statistical analysis, data warehousing, data entry, retrieval, management and mining.
MATLAB- MATLAB is used in technical computing. Its functionality allows for a vast collection of computational algorithms ranging from basic function like sum,sine,cosine and complex arithmetic to more sophisticated functions like matrix inverse, matrix eigenvalues, Bessel functions and Fast Fourier Transforms.
WRDS (Wharton Research Data Services)- is a comprehenisve economic and financial data management system intended solely for research purposes. The data, licensed from various sources, cover a wide range fo databases across multiple disciplines such as Finance, Marketing , Management , Accouting, Economics, Banking and Insurance.
@Risk - @Risk performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet – and tells you how likely they are to occur. This means you can judge which risks to take and which ones to avoid, allowing for the best decision making under uncertainty. With @Risk, you can answer questions like, “What is the probability of profits exceeding $10 million?” or “What are the chances of losing money on this venture?”
EViews - EViews offers students access to powerful statistical, forecasting, and modeling tools through an innovative, easy-to-use object-oriented interface.
Microsoft Office 2013 - Access, Excel, Groove, Outlook, Word, PowerPoint, Publisher, InfoPath, OneNote.