Quote Requests Training
Assessment of your abilities to respond timely and accurately, while being complete, to identify whether you are fit for the job of trader.
Assessment of your abilities to respond timely and accurately, while being complete, to identify whether you are fit for the job of trader.
Individual Bundle Licence
24/7 access to:
Basics of Trading Training Bundle
3 months access for 1 learner (€ ???,-)
Capacity
You act in the role of a trader/broker-dealer.
Task
You can start the way you please. Transact whatever you like, the way you like. At a certain stage you will be challenged. You will have to perform tasks to see whether and to what extend you can perform under pressure and whether your have a feeling for numbers
You’ll be called via telephone to provide a client or peer various requests for quote (RFQ). Upon receipt of such a request, you will have to submit your quote. Any quotation has to consist of both a bid price and ask price, whereby a maximum bid-ask spread applies.
Objective
The aim of this simulation is to assess your skills as a trader and, thus to see whether your competences are fit for purpose.
Conclusion
At the end of the simulation you will be shown the score reflecting some of your capabilities. See how you have done. To assess your performance the following rules are considered:
Traders’ competences can be modeled by FAUC (Framework for acting under uncertainty and complexity). Traders have to be creative, resilient, adaptive, alert and entrepreneurial. In addition, they have to have a feeling for numbers and be good in calculating. Besides, traders have to be decisive, they should be daring to make decisions, under pressure, and, thus, in a timely manner.
The trading simulations cover different products, various technical aspects and strategies, risk management and trading activities.
Run the trading simulations repeatedly, each time with a new scenario, they mimic real market conditions.
They help you to apply knowledge, optimise competencies and increase expertise.
Group licence
24/7 access to all 50+ simulations
3 months access for a group
After the self-study on the Learning platform, I wanted to get started right away, but I was afraid to apply my new knowledge in a ‘live’ environment. The Competence Trainer helped me get over my cold feet.
Eric Cornelissen
After the self-study on the Learning platform, I wanted to get started right away, but I was afraid to apply my new knowledge in a ‘live’ environment. The Competence Trainer helped me get over my cold feet.
Eric Cornelissen