Hun Investment Students attend Trading Day at Stevens Institute of Technology

Five Hun School students participated in Trading Day at Stevens Institute of Technology in Hoboken, New Jersey on Friday, April 24th. The students were invited to participate in the annual expo and comFive Hun School students participated in Trading Day at Stevens Institute of Technology in Hoboken, New Jersey on Friday, April 24th. The students were invited to participate in the annual expo and competition as members of the School’s investment club. During the day-long event, students interacted with professionals from leading New York investment companies; discussed business education with professors, current students, and admission representatives from the Howe School of Technology Management; and used tools and technologies available to the pros in a simulation competition.petition as members of the School’s investment club. During the day-long event, students interacted with professionals from leading New York investment companies; discussed business education with professors, current students, and admission representatives from the Howe School of Technology Management; and used tools and technologies available to the pros in a simulation competition.
Dr. George Calhoun, director of the quantitative finance program, explained how emerging technology has shifted the structure of trading in the twenty-first century to the visiting students. Pointing to the recent decision of the Chicago Mercantile Exchange to shutdown its trading floor and implement electronic trading technology as an example of this shift, he said, “You guys have the advantage, because you don’t have to unlearn all the techniques and procedures that the industry used to be built on.”

During the competition, Hun students were given access to the same tools used by today’s traders in the Hanlon Financial Systems Lab. They utilized the university’s tools to conduct real-time analysis as they competed in a fast-paced investment simulation. When the 11:15 a.m. Trading Bell was rung, students quickly went to work on TD Ameritrade’s Thinkorswim simulator platform and Bloomberg data engines. For the next hour, the team divided responsibilities to track the performances of thirty companies and to determine when and how much stock to purchase or sell.

"Participating in Trading Day brought a touch of the real world into the things we had done previous to the competition. It was the real deal, and it made what we did so much fun." - GRANT SHAGOURY '16

At the conclusion of the exercise, Hun students had created a day-trader’s portfolio that earned $525.

Akash Mukkavilli ’15 said, “It was satisfying to work together and have immediate feedback on the performance of our investments.”
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The Hun School of Princeton is an independent, coeducational, private day and boarding college preparatory school.  Student-centered, hands-on learning prepares students for the global community in which they will live and work.

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