International Finance students compete in trading simulator

Posted by Melt van Schoor on 2016-05-17

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

22 September 2017
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BER Weekly

22 September 2017
In the domestic section we unpack the latest decision by Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB). Against expectations for a cut, the MPC decided to keep the policy interest rate unchanged. Additionally, we look at the latest consumer inflation numbers from Statistics South Africa (Stats SA), which shows that August...

Read the full issue