Finance Trading Lab


finance trading lab students

The Naveen Jindal School of Management Finance Trading Lab has two major roles: It provides students with the opportunity to develop financial trading skills, and it provides students and faculty with access to various electronic business databases. Databases currently available include Bloomberg, S&P Capital IQ, SDC Platinum, Morningstar Direct and Wharton Research Data Services.

The mission of the Finance Trading Lab is to:

The lab also provides help for students with the material covered in introductory finance courses, Business Finance (FIN 3320) and Financial Management (FIN 6301). While the lab staff can help students with learning the material, staff members are not permitted to provide students with answers to graded homework or take-home tests.

Academic activities supported by the lab include, but are not limited to, classroom instruction, video conferences, special presentation/events, data-feed workshops and simulation trading games. A focal point for finance programs at the master’s and undergraduate levels, the lab also serves as a test bed for the creation of innovative teaching techniques for all levels of education.

Contact: JSOMFinLab@utdallas.edu

Operation hours in summer until the campus reopens

Trading Lab (JSOM 11.101)

  • Remote service until further notice.
  • Faculty and students can access to Thomson Reuters Eikon remotely. Fill in the Database reservation form to reserve a user account at least one day ahead. The reservation is available 10am-7pm, Monday-Saturday. We will send out a confirmation letter after your reservation.
  • Capital IQ registration request. Please send an email to JSOMFinLab@utdallas.edu and fill in the Trading Lab Sign-In form. Select “other” in the drop-down of “Purpose for using the lab today”, then fill in “capital IQ” in the field of “Please specify your purpose: “.
  • Bloomberg Market Concepts (BMC) web course. Please send an email to JSOMFinLab@utdallas.edu for the registration and fill in the “Trading Lab Sign-In form”. Select “Bloomberg” in the drop-down of “Purpose for using the lab today”

Tutoring Lab (JSOM 12.102)

  • Hours*: Monday – Friday, 10 a.m. to 7 p.m.

*We will use online tutoring instead of in-person tutoring. Please send an email to JSOMFinLab@utdallas.edu to schedule a 30-min video meeting during the lab hours.

Finance Trading Lab

While in the lab students will have access to:

  • Two video data walls
  • Thomson Reuters Eikon financial analysis
  • Bloomberg professional terminals
  • Live television feeds

Through the finance Trading Lab, UT Dallas provides students with access to superior collections and applications of data feeds and analytical tools. A description of each application follows:

EIKON TM

Thomson Reuters Eikon provides easy access to real-world tools and content that drive thousands of financial decision every day. From the course room to the boardroom, from the library to the trading floor, Thomson Reuters wants to help you accelerate financial learners into financial leaders. You know us by names like DataStream, I/B/E/S, Starmine, SDC Platinum, Worldscope, Reuters News, and now Eikon. You trust us for economic research, historical financial data across all asset classes, news and analytics.

Students can stream data on 15 computers in the lab. Eikon lets you connect and collaborate with industry’s largest instant messaging and chat network while providing you In-product training resources at your fingertips. Find what you need with highly relevant results from multiple sources instantly and integrate the content in Excel, word and PowerPoint. Result is comprehensive financial analysis, with more opportunities to make crucial decisions with confidence.

Bloomberg

Bloomberg Logo

Bloomberg is a comprehensive, online service for global financial information that includes: company information (stock performance, news, balance sheets, historical data, officers, evaluations and more); information on U.S. and foreign markets; extensive sets of data and statistics on industries, companies, key personnel and more; numerous options for analyzing and graphing data; country monitors, economic calendars and currency news; and news services (general, markets, economics, special reports).

Bloomberg has one of the most extensive databases of information available in the financial world. Bloomberg’s built-in screening, searching and analysis tools allow for extensive data retrieval, interpretation and manipulation. Information on every financial market, instrument and variable in the world is at your fingertips. Bloomberg’s international information coverage is also wide-ranging, with news and economic information on every country available both in real-time and historically. Advanced bond screening, custom option monitoring, portfolio tracking, Excel data exportation, technical analysis, FX cross-rates, industry tracking, global economic statistics, relative company analysis; these are a handful of the hundreds of integrated Bloomberg functions designed to allow the end user near infinite information access and ability.

How to create Bloomberg login?
Bloomberg Market Concepts Certification
Bloomberg Common Commands

S&P Capital IQ

S&P Capital IQ platform is a Web and Excel-based research product that combines deep information on companies, markets and people worldwide with robust tools for fundamental analysis, idea generation and workflow management. S&P Capital IQ is deployed at more than 2,700 leading investment banks, fund managers, private capital firms and corporations worldwide.

Cap IQ Account Registration for Students
Cap IQ Get Started Guide

Morningstar Direct

Morningstar Direct provides students with a basic understanding of the software’s functionality. Morningstar provides detailed information on more than 20,000 mutual funds, equities, ETFs and hedge funds, including historical data (monthly, quarterly and annual), fund composition, portfolio screening, risk-adjusted star ratings, investment style boxes, and analyst reviews and commentaries. Morningstar also offers the ability to rank and compare funds, perform advanced analysis for research purposes, and construct and analyze mutual fund portfolios.

FACTSET

FACTSET delivers superior analytics, service, content, and technology to help more than 66,000 users see and seize opportunity sooner. It is used by investment professionals to outperform, with fresh perspectives, and informed insights.

Lab Hours: Summer 2020 Semester (May 26 to August 7)

Trading Lab (JSOM 11.101) Hours

  • Is closed until further notice. If you would like to request Capital IQ account, please fill the Trading Lab Sign-In form. Select “other” in the drop-down of “Purpose for using the lab today *”, then fill in “capital IQ” in the field of “Please specify your purpose: *”.

Tutoring Lab (JSOM 12.102) Hours*

  • Monday – Friday 10 a.m. to 7 p.m.

When the Tutoring Lab is not open, tutoring is available in the Trading Lab.

Trading Lab and Tutoring Lab will be closed at inter-semester (May 11-25 and August 10-14).

*We will use online tutoring instead of in-person tutoring. Please send an email to JSOMFinLab@utdallas.edu to schedule a 30-min video meeting during the lab hours.

Lab Policies

Failure to adhere to these policies will result in the loss of privileges in the Finance Trading Lab:

  • Absolutely no food or drink in the lab.
  • Do not place your feet on the furniture or lab equipment.
  • Do not leave personal trash and garbage in the lab.
  • Do not interrupt a class to use the data feeds.
  • Do not tamper with or harm any computer or other piece of lab equipment.
  • Do not install additional software on any lab computer at any time.
  • When a class is in session, only students in that class may use the facility.

Anyone aware of any of the above infractions must report the behavior to the lab staff immediately. Failure to do so will be viewed as a violation of Lab Use Policies.

EIKON

Thomson Reuters Eikon provides easy access to real-world tools and content that drives thousands of financial decisions every day. Highly used for economic research, historical financial data across all asset classes, news and analytics.

In order to prepare for certification, you may watch all the training videos related to Thomson Reuters Eikon stream and then take the 60 minutes test to be certified.

DataStream

It identifies trends, generate and test hypotheses, and develop viewpoints and research. Loaded with 65 years of information, DataStream is the world’s most comprehensive financial time series database.

In order to prepare for certification, you may watch all the training videos related to Thomson Reuters DataStream stream and then take the 60 minutes test to be certified.

Bloomberg Market Concepts certification

Bloomberg has one of the most extensive databases of information available in the financial world. Bloomberg’s built-in screening, searching and analysis tools allow for extensive data retrieval, interpretation and manipulation. Information on every financial market, instrument and variable in the world is at your fingertips.

The certification – Bloomberg Market Concepts (BMC) is an interactive introduction to finance where students also learn various features of the Bloomberg terminal. It covers 4 different modules – Economic Indicators, Currencies, Fixed Income and Equities. Students receive a certificate of completion after completing all the modules.

Morning Star

Morningstar Direct certification provides students with a basic understanding of the software’s functionality. Morningstar provides detailed information on more than 20,000 mutual funds, equities, ETFs and hedge funds, including historical data (monthly, quarterly and annual), fund composition, portfolio screening, risk-adjusted star ratings, investment style boxes, and analyst reviews and commentaries. You may read the user guides related to Morningstar to prepare for the certifications, exam I (getting started), II (Global Risk Model), III (Advance topics)

FACTSET

Like Eikon, FactSet is highly used for economic research, historical financial data across all asset classes, news and analytics

In order to obtain FactSet Core Certification you may watch all the Training videos for all the 4 modules (Navigating FactSet, Staying on top of the market, Equities, Fixed Income) to prepare for the exam. It takes 60 minutes for the test. You will receive the passing certificate after completion.

Financial Database Workshop _ October 31, 2019

At the workshop, the students learned about the various databases and analysis tools in the trading lab followed by an interactive flash valuation contest. A professional discussed about the application of Machine Learning in Investing.

Networking with a Fintech Company, MaxDecisions _ October 4, 2019

Dr. Henry (Huaguo) Wang is the founder and Chief Data Scientist at MaxDecisions. He visited the Finance Trading Lab with his teams, Stephanie Ma (UTD alumni) and Daniel Fan (UTD alumni). In the seminar, we discussed the various possibilities and functions of technology and big data analytics in the world of finance and risk management.


The Finance Trading Lab sponsors stock trading competitions during each long semester where students get $1,000,000 in virtual money to trade using simulation software that mirrors the current prices of securities in major exchanges throughout the world.  The top 3 winners at the end of the semester in two categories – highest return and Sharpe ratio — win cash prizes of $900, $600 and $300, respectively.  Students must be currently enrolled during the semester to participate in the competition and participation is free.

StockTrak