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Seton Hall University 'trading floor' creates simulation of brokerage action.
Knight Ridder/Tribune Business News, November, 2004
By Patricia Alex, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News
Nov. 28--For would-be Wall Streeter Kevin McCormick, it couldn't get more "hands-on." Trading stocks, bonds and international currencies in real time, he alternates between dual computer screens that provide the latest in news and prices from the markets here and abroad as a stock ticker scrolls overhead.
But the experience is virtual, a high-tech monopoly. McCormick is working at Seton Hall's new "trading floor" that simulates the action at real brokerage houses. The data are real, but the capital is not. Students compile virtual portfolios.
"It's unbelievable," said McCormick, a graduate student at the university's Stillman School of Business. "This...
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