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| Trading room opens at Queen's University management school | Trading room opens at Queen's University management school |
| (about 7 hours later) | |
| Students at Queen's University Belfast hoping to break into the high pressure world of Wall Street will have a chance to practice their trading skills at a new hi-tech facility. | Students at Queen's University Belfast hoping to break into the high pressure world of Wall Street will have a chance to practice their trading skills at a new hi-tech facility. |
| The financial trading room at the university's management school will let students practice buying and selling stocks and shares without the risk of making expensive mistakes. | The financial trading room at the university's management school will let students practice buying and selling stocks and shares without the risk of making expensive mistakes. |
| It lets prospective traders practise dealing in real-time equities, bonds, foreign exchange and derivative instruments. | |
| Students have access to 12 trading stations with information tickers, televisions showing live markets coverage and financial software for a range of tasks. | Students have access to 12 trading stations with information tickers, televisions showing live markets coverage and financial software for a range of tasks. |
| Professor Donal McKillop said the trading room would be integrated into some of the financial modules being taught at Queen's. | Professor Donal McKillop said the trading room would be integrated into some of the financial modules being taught at Queen's. |
| "As students move through their degree programmes, there will be bespoke modules on financial trading incorporated into their courses," he said. | "As students move through their degree programmes, there will be bespoke modules on financial trading incorporated into their courses," he said. |
| "We hope to develop a new postgraduate programme in computational finance where students blend their computer and financial knowledge, and this course will mostly be taught in the trading room." | "We hope to develop a new postgraduate programme in computational finance where students blend their computer and financial knowledge, and this course will mostly be taught in the trading room." |
| The project has been funded by Newry-based firm First Derivatives, which makes financial analysis software used by investment banks and stockbrokers all over the world, an supported by Invest NI. | The project has been funded by Newry-based firm First Derivatives, which makes financial analysis software used by investment banks and stockbrokers all over the world, an supported by Invest NI. |
| Ben Farmer, a final-year actuarial student, said he hoped it would be a great help at the outset of his career. | Ben Farmer, a final-year actuarial student, said he hoped it would be a great help at the outset of his career. |
| "To be able to use this stuff while we're still at university, so we can take it out into the workplace gives us a head start over other graduates," he said. | "To be able to use this stuff while we're still at university, so we can take it out into the workplace gives us a head start over other graduates," he said. |
| "It's competitive in the job market these days, so to have a resource like this is superb." | "It's competitive in the job market these days, so to have a resource like this is superb." |