EIBFS Opens First-of-its-kind, State-of-The-Art Simulated Trading Room in the UAE
- Holds workshop on importance of swing trading essentials using technical analysis
- EIBFS partners with specialist training and technology solution providers in the UK, Europe and US to deliver Financial Market Trading courses
Dubai-UAE: 28 April, 2019 – Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, has announced the opening of the first-of-its-kind simulated trading room in the UAE. The opening was held amidst management and board members. To mark the opening of the trading room, EIBFS also held a workshop on the importance of swing trading essentials using technical analysis.
The state-of-the-art trading room is equipped with interactive monitors and a trading ticker with real-time market feed from the Dubai Financial Market. The facility features 14 dual-monitor set-ups for the trainees to carry out mock trading at the institute.
Through the trading room, the institute will provide cutting-edge technology enabled experiential learning, which empowers students to learn the trading and portfolio building skills involving all asset classes, including fixed income, equities, commodities and forex in a real environment with emphasis on technical analysis and trading psychology.
The opening of simulated trading room is aligned with EIBFS’s vision to provide transformative education to its students and in accordance with the UAE leadership’s forward-thinking approach through education and knowledge sharing. The EIBFS simulated trading room provides a real sense of technological superiority, bringing financial markets to the students’ fingertips with the help of cutting-edge software and hardware.
Speaking at the opening workshop of the EIBFS trading room, Jamal Al Jassmi, General Manager of EIBFS, said, “EIBFS is committed to equipping financial sector professionals across the UAE and the wider region with the tools and skills to thrive in the age of technological transformation. The trading room is built to offer its students a real-world trading experience through specially designed Financial Markets Trading courses. It not only broadens students’ knowledge of financial services but also promotes awareness of the global financial markets and increases employability of EIBFS graduates by providing a competitive edge in the domestic and international job market.”
He added, “Intertwining practical training of trading portfolio building with the theoretical knowledge will strengthen finance and banking students’ capabilities. This opportunity for students to train using such a state-of-the-art system is indeed a superior advantage. For students aspiring to be in the financial services career, it is imperative to have a hands-on experience at a place where high-end technology meets a real-world trading experience. Likewise, for financial and economic researchers, what could be better than a direct access to real-time live data.”
To equip finance professionals with the latest training expertise EIBFS has partnered with specialist training and technology solution providers in the USA, Europe and UK. The institute offers comprehensive courses and learning experiences covering- trading and treasury management, technical analysis of different markets & asset classes, momentum & mean reversion trading, oscillators & pattern recognition, derivatives – futures & options, option Greeks and their significance in a trade set-up, hedging techniques for open positions, trade set-ups: directional & non-directional, portfolio building and investments management, risk management and ALM and strategic bank management.
EIBFS has been at the forefront of advanced financial education and capacity-building. In addition, the Institute’s 2019 annual training program places high emphasis on techno-functional skills, featuring 13 courses on fintech, digital, blockchain, AI, IoT, cybersecurity, and business analytics, among other topics.