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Carnegie Mellon University Signs on to Trading Technologies' University Program

May 2, 2014

Trading Technologies International, Inc. (TT) announced that Carnegie Mellon University'sDepartment of Mathematical Sciences has joined TT's University Program.

In a release, the company said the software will be used by students working towards Carnegie Mellon's Bachelor of Science in Computational Finance, a joint degree offered by the Department of Mathematical Sciences and the Tepper School of Business.

According to Steven Shreve, professor of mathematics and director of the B.S. program in computational finance, "Our faculty are delighted to have Trading Technologies software available to incorporate into our curriculum. Students are even more excited about the possibilities for developing and testing trading algorithms on this platform."

TT noted that it donated the software through its University Program, which provides colleges around the world with X_TRADER and other TT software for academic purposes at no cost. CMU joins the program, which currently includes more than 50 universities in 10 countries throughout North America, Europe, the Middle East and Asia.

"We are thrilled to welcome Carnegie Mellon into our University Program," said Leo Murphy, University Program Manager. "Given the current economic climate and the challenges our industry faces, it's important that we partner with respected schools like Carnegie Mellon to prepare and encourage the next generation of finance industry professionals. We look forward to building a strong relationship with Carnegie Mellon."

Through its University Program, TT said, it works with undergraduate and graduate educators in business, financial engineering, math and computer science programs to prepare students for careers in finance and the futures markets. Universities incorporate X_TRADER and its components in coursework and on-campus trading labs, allowing students to learn about and experience trading in a simulated environment using the same tools and market data as the industry's leading professionals. TT staff also guest lecture at partner schools and occasionally host classes at TT's offices.

Trading Technologies develops and delivers professional trading software.

More information:

www.tradingtechnologies.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))


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