AUS and HSBC launch high-tech trad­ing floor

The Pak Banker - - FRONT PAGE -

The Amer­i­can Univer­sity of Shar­jah, AUS, the univer­sity, in part­ner­ship with HSBC Bank Middle East Lim­ited, on Thurs­day launched the AUS In­ter­ac­tive Trad­ing Floor, ITF, at the AUS School of Busi­ness Ad­min­is­tra­tion, SBA. The launch of the trad­ing floor was at­tended by Dr Bjorn Kjer­fve, AUS Chan­cel­lor, and Ab­dul­fat­tah Sharaf, chief ex­ec­u­tive of­fi­cer, HSBC Bank Middle East Lim­ited, se­nior AUS of­fi­cials, HSBC ex­ec­u­tives and in­dus­try lead­ers.

The first of its kind in the Mena re­gion, the ITF is a so­phis­ti­cated fa­cil­ity that in­cor­po­rates live tools and soft­ware to ex­tend the­ory into prac­tice in a fast-paced, ap­plied en­vi­ron­ment. It is a tech­no­log­i­cally ad­vanced 24-seat learn­ing space which is de­signed to be an ex­act du­pli­cate of the trad­ing floor found in banks, equipped with the same live feeds, in­dus­try soft­ware and an­a­lyt­i­cal tools.

Dr Kjer­fve ex­pressed pride at hav­ing the ITF es­tab­lished at AUS. "Such a unique fa­cil­ity will po­si­tion AUS as the leader in fi­nan­cial education and as a provider of both knowl­edge and prac­ti­cal skills in the field of busi­ness," he said dur­ing the open­ing cer­e­mony.

"The launch of this In­ter­ac­tive Trad­ing Floor at the AUS School of Busi­ness Ad­min­is­tra­tion is a tes­ti­mony to the univer­sity's com­mit­ment to pro­vid­ing the best in education to pre­pare the fu­ture busi­ness lead­ers in the re­gion," he said.

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