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
10 June 2019Domestic financial markets were rattled last week after the release of much weaker-than-expected 2019Q1 GDP figures and mixed messages from the ANC on the mandate of the SA Reserve Bank (SARB). The rand exchange rate weakened significantly through the week. Incoming data for the second quarter, including vehicle sales and the Absa Purchasing Managers'...
Read the full issue
BER Weekly
10 June 2019Domestic financial markets were rattled last week after the release of much weaker-than-expected 2019Q1 GDP figures and mixed messages from the ANC on the mandate of the SA Reserve Bank (SARB). The rand exchange rate weakened significantly through the week. Incoming data for the second quarter, including vehicle sales and the Absa Purchasing Managers'...
Read the full issue