The Chinese University of Hong Kong (CUHK) has opened a trading laboratory at its campus to equip students with ”real-world' trading experience.
Students can employ a variety of sophisticated strategies in a simulated, automated trading environment, including volatility spreads, complex hedging strategies and quantitative research using real data. Trading solutions provider RTS Realtime Systems Group is the main supplier of low-latency and algorithmic trading technology for the trading laboratory.
“CUHK has undertaken a ground-breaking effort and RTS is committed to ensuring its success,” says Alex Lamb, executive board member of RTS. “We are proud to partner with the university and its team of professors on enriching the trading-related academic programme and ensuring that the technology reflects the latest ultra-fast tools the industry has to offer.”
In the initial phase, final-year undergraduate students taking courses on options and derivatives in the coming academic year will utilise the new trading lab.
Subsequently, the new facility is expected to play an increasingly important role in the finance training of the university's MBA and Master of Science degree students, as well as those in the executive education programs.
Professor van Put, Adjunct Professor of the CUHK Business Faculty, said, “We strongly believe that our trading lab, with real-time data feeds from the major global exchanges, and assistant teachers who are professional traders, will offer our students a great chance to explore the financial markets and its traded products. This new generation of traders, risk managers and compliance officers are needed to fulfill the increasing need for qualified staff in the Chinese and Asia-Pacific financial markets.”
In September, the Singapore Exchange and Nanyang Technological University announced the establishment of the Centre for Financial Education in Singapore, with RTS as the key technology partner.