The Smeal College of Business Administration's new room impressed all. Nobody could miss it in the Smeal College of Business Administration's sparkling new Trading Room. At the Trading Room's dedication Friday, some of Penn State's most successful business graduates marveled at how the room captured the feel of Wall Street. Unlike your typical Wall Street trading room, however, no real money will change hands as students use the newly installed computers.
Data comes in.
Woolridge said the room offers a hands-on experience to business students the same way a chemistry lab helps science students. He plans to start teaching classes in the room this fall. The room will be open to business students while classes are not in session. Chaudhry demonstrated how to use the software on the computers, tapping a few keys and producing a graph of Intel stock. Each computer receives real-time data feeds from Wall Street via a T1 data line connected to a bank of computer servers.