One week grace period for proven illness or business travel. The Financial Analysis and Securities Trading System was developed as a computer based trading simulation system by Carnegie Mellon University. By trading stocks, bonds, currencies, futures and options, these studies are designed to train students to understand and internalize the decision making process that are faced by professional traders. You will be competing with your classmates to earn the highest and most consistent trading profits. The time pressure is extreme, and you must rely heavily on your knowledge of spreadsheets and computer usage.
Consistent profitability is preferred to large profits and large losses.
Your trading performance will be based on a modified Sharpe ratio. Correct answers alone will not assure a top grade in this course, you must also trade profitably in real time. Many students find this transition from analysis to trading difficult. One of the goals of this course is to make you comfortable with real time and highly competitive trading situations. One week before every lab session, you must turn in a one page assignment for each assigned case.