International Finance students compete in trading simulator
Six teams of the Department's postgraduate students studying International Finance recently went head-to-head in a trading experiment using a live FNB Securities trading simulator. Teams invested a hypothetical US$ 100 000 in real-time foreign exchange and global stock markets, with the goal of ahieving the highest return over 3 months. The winning team members received an FNB Securities stock broking account at zero cost plus R 1 000 worth of FirstRand shares. The objective of the exercise was for the students to test economic theory in the real world, understand international macro-developments, and encourage an investment mind-set.
Pictured are, from left to right: Marinus Louw, Sam White, Molefi Mokheti, Grant Rossiter (FNB Securities, Regional Manager), Zviko Manyumwa, Jamie Roseveare, Richard Levesque (FNB Securities, Portfolio Manager)
Click here to read more about the winning team's experience.
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BER Weekly
21 JanuaryDomestically, markets were focused on the latest meeting of the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) last week. On the global front, the news flow was dominated by British political chaos associated with the Brexit debacle. Besides a brief overview of the MPC decision, the domestic section looks at the latest retail sales data,...
Read the full issue
BER Weekly
21 JanuaryDomestically, markets were focused on the latest meeting of the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) last week. On the global front, the news flow was dominated by British political chaos associated with the Brexit debacle. Besides a brief overview of the MPC decision, the domestic section looks at the latest retail sales data,...
Read the full issue