CHICAGO, April 29, 2014 — Trading Technologies International, Inc. (TT) today announced that Carnegie Mellon University’s Department of Mathematical Sciences has joined TT’s University Program. 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 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 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.
For more information, please complete TT’s online University Program inquiry form.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com, @Trading_Tech), develops and delivers professional trading software for a wide variety of users including proprietary traders, brokers, money managers, CTAs, hedge funds, and commercial hedgers and risk managers. TT provides access to over 40 of the major international exchanges and liquidity platforms. Its recently unveiled web-based trading platform will give users a mobile, reliable, fast solution that represents what’s next in the world of trading and technology.
About Carnegie Mellon’s Bachelor of Science in Computational Finance
The Bachelor of Science in Computational Finance (BSCF) degree is uniquely designed to meet the quantitative needs of the finance industry. This course of study develops a deep knowledge of mathematics, probability, statistics, and applications of these disciplines to finance. This degree is offered jointly by the Heinz School of Public Policy and Management, the Mellon College of Science and the Tepper School of Business. The course of study includes a solid background in mathematics and statistics, as well as a detailed study of financial mathematics. For more on Carnegie Mellon’s BSCF program, click here.