A trading simulation with price discovery where students trade with each other. A real world trading simulation with built in analytics and an advanced capability for algorithmic trading. Interactive tools for financial statement analysis, valuation, bonds, stocks, options, and futures. Toggle navigation Financial Trading System. FTS Interactive Markets A trading simulation with price discovery where students trade with each other. FTS Real Time System A real world trading simulation with built in analytics and an advanced capability for algorithmic trading.
FTS Modules Interactive tools for financial statement analysis, valuation, bonds, stocks, options, and futures. Experimental Research Flexible and simple platform for conducting experimental research. The Smithsonian Institution's Archive of American History made the progressive work of the FAST Lab part of its permanent research collection on innovative information technology and awarded it a Computerworld-Smithsonian medal.
Request a Demo Contact us to schedule a web conference for you and your colleagues. These sessions are always held by the professors who created FTS, allowing deeper discussion on curriculum and research. Some things can only be experienced.
One of these is a live trading floor, where orders are submitted, prices are negotiated, activity is fast paced and competitive, and everyone reacts in real time to the actions of others. Trade execution is instant, and after each trading period of a few minutes , everyone gets immediate feedback on their performance. The trading cases have clear learning objectives The simulation is repeated a few times to give the markets time to converge and for the learning to become apparent.
What they learn They experience what it is like to be a trader, how a market really works. They get an intuitive understanding of the price discovery process, market efficiency, market impact, liquidity, and many other practical aspects of a financial exchange.
They get a strong understanding of financial instruments; the cases cover a broad range of instruments, including stocks, bonds, options, forwards, futures, swaps, currencies It has proven to be one of the best ways to teach time value of money, market efficiency, option pricing, and forwards and futures.
The Web Based System Runs on any device Instructors can start and run a market from any device, including smart phones Students can connect from any smart device as well Eliminates the need for a computer-equipped classroom or a trading room Ideal for online and hybrid courses Try it out: The Windows System Advanced Capabilities Real time Excel Link Program trading capabilty Alternative market microstructures Supports advanced cases and features needed for experimental market research.
It comes with a teaching guide and detailed projects and exercises that help reinforce the understanding and practical application of concepts. How it works What is traded is specified in a trading case and project The instructor requests the case and we set up student accounts Students are evaluated based on the objectives of the trading project.
What they learn How to use analytical techniques in portfolio management and trading Advanced features include learning how to create and implement algorithmic trading strategies. The Web Based System Runs on any device Trade from anywhere at any time on any smart device Built in analytical support Performance reports. The Windows System Advanced Capabilities Algorithmic trading capability Full suite of analytics Extensive analysis of trading history and performance Instructor reports.
Web Based System Instructions: The Financial Statement Analysis Module , teaching guide, and accompanying videos, have been developed with the view that this is one subject where a hands-on, learning-by-doing approach adds immense value. How it works Students work with actual company filings, in a highly interactive and structured learning environment, with immediate and detailed instructions at every step.
What they learn As students extract information and construct ratios, they absorb important practical details along the way, for example how different companies report information, how to map this information into the ratios, and as they gain experience, they develop the judgment needed to interpret the measures. The FTS Modules are stand alone learning tools that allow students to build conceptual and analytics depth.
Some modules are tutorial in nature, others let them analyze real world problems with real world data. For example, they can conduct financial statement analysis from first principles, learn to apply different valuation models, study efficient frontiers, learn option trading strategies and hedging. The modules complement our trading systems. Statistical properties of stock and portfolio returns Calculation and plotting of the efficient frontier with and without short sales from historical data Instructions.
Interest Rate Risk Module. Plot historical yields, spot rates, and forward rates Animate curves to get a visual feel for long terms trends and mean reversion Calculate volatilities and correlations Conduct principal component analysis Backtest to understand the efficacy of different immunization strategies Instructions. Introductory module for teaching option payoffs Understand the difference between profit and payoff diagrams Plot common strategies You can import your own data Instructions.
Introductory module for teaching the binomial model of option pricing Understand the difference between American and European options Understand how the tree is calibrated to a volatility estimate Compare the price of the underlying asset to the value of the option along different paths Instructions.
For older browsers that are not HTML5 compliant, go to rtfts. For full access to all the modules, you can use a Windows emulator, such as Parallels VMWare and then follow the instructions for Windows's users.
Smart Phone and Tablet Users. Founded in , FTS, as we are commonly known, is a leading provider of trading simulation software and other educational software. Ask yourself three questions: Do you want a trading simulation with price discovery as well as a virtual portfolio simulation system and supporting analytical modules? Do you want students to learn how analytics and quantitative techniques are applied in portfolio management? Do you want a system where advanced students can experience algorithmic and program trading?
If any answer is yes, FTS is your only choice. What does FTS Include. How does it differ from other systems. Both our trading simulations let students learn to develop and test trading algorithms in a live setting. This is completely different from back - testing on historical data. It also makes it possible to implement trading strategies that would be almost impossible to do manually e. Support Whether you want to create your own trading case, want to run an experiment, or want to discuss how best to implement any part of FTS nto your curriculum, you get support directly from professors who have taught using the system at a variety of levels.
Given the scalability of our system, large numbers of students can participate, develop analytic depth and build practical skills.More...