Sunday, October 17, 2010

Standard Chartered Bank reinforces association with DoMS, sponsors Trading Room Training

Participants alongwith Mr. Philip Eden
Reaffirming the 3 year old association with DoMS IIT Madras, Standard Chartered Bank sponsored a three day Trading Room Workshop for selected students of DoMS.

Offered as a part of course on Financial Institutions and Markets, the workshop was preceded by a two month long online self study course on wide spectrum on topics including Foreign Exchange & Money Markets, Fixed Income, and Interest Rate & Currency Swap Fundamentals. Based on the performance on simulated tests, 24 students who can really count themselves as lucky few for the kind of training that they were going to get were finally selected for the workshop. Intuition, the most renowned name in financial module training was roped in by Standard Chartered for pre training study modules and trading workshop.

The workshop was conducted by Philip Eden, Senior Learning Consultant, Intuition bringing with him decades of experience in Capital Markets, who came all the way from Singapore for the same. The workshop gave students real life insights into what really goes in around in a typical trading room setup and helped us appreciate how important it was to have firm grounding finance concepts for a trading career but at the same time how different it was from what we learn in classrooms. Over three days the participants were exposed to different trading formats like Trading Pits on the first day to Equity, Forex and Derivatives Trading over the two days through simulated games and case studies. 

 Post the three day workshop experience, students only had words of appreciation and gratitude for Standard Chartered Bank and Philip Eden for giving us such a cutting-edge knowledge session. 

By,
DoMS Interface Team,
Class of 2011.

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