idw – Informationsdienst Wissenschaft

Nachrichten, Termine, Experten

Grafik: idw-Logo
Science Video Project
idw-Abo

idw-News App:

AppStore

Google Play Store



Instanz:
Teilen: 
14.04.2021 14:07

Realistically simulating the stock market

Jennifer Hohensteiner Public Relations und Kommunikation
Goethe-Universität Frankfurt am Main

    Deutsche Börse Capital Markets Academy uses LiveX trading simulation developed by Goethe University Frankfurt – a stock market simulation unique to Europe

    Frankfurt. Various German and international stock exchanges use it and numerous top European universities also use it: we are talking about the LiveX stock market simulation, unique in Europe, which was developed by business informatics experts at Goethe University Frankfurt and which can now also claim Deutsche Börse as user. At the Capital Markets Academy, Deutsche Börse's training provider, participants in the certificate course "Exchange Trader Cash Market" can now apply their acquired knowledge directly in the very realistic stock exchange simulation LiveX.

    Unlike simple stock investing simulation programmes, which allow private clients to test investing in the stock market with basic features, LiveX simulates professional trading on European stock exchanges in all their complexity. This includes all market models on Xetra, the Deutsche Börse’s fully electronic trading venue, such as continuous trading with auctions. Furthermore, other trading systems such as Multilateral Trading Facilities (MTF) or trading in dark pools, in which the participants' securities orders are not visible, are also simulated in LiveX. This makes the simulation programme developed by Professor Peter Gomber and his team unique in Europe – and is the reason why LiveX is used for continuing education by top German and international universities as well as by international stock exchange organizations.

    During the pandemic, the team further developed a cloud-based version of the market and trading simulation software. Previously dependent on a laboratory environment, the use of LiveX is now possible 24/7, independent of participants’ locations.

    Professor Peter Gomber is proud to have won the Academy as a new licensee: "For many years, the Capital Markets Academy of Deutsche Börse AG has been offering innovative qualification programmes with a high level of practical relevance and digital learning formats. The current LiveX Cloud version offers significantly increased flexibility and innovative application possibilities in professional education in the field of modern securities trading."

    "Our attendees give us very positive feedback on the LiveX simulations. LiveX is a very realistic representation of stock exchange trading and is perfectly applicable for purely digital training in order to understand market structures and trading processes," emphasizes Ulf Mayer, Head of Capital Markets Academy at Deutsche Börse AG.


    Wissenschaftliche Ansprechpartner:

    Prof. Dr. Peter Gomber
    Business Informatics
    Professor for e-Finance
    Goethe University Frankfurt
    gomber@wiwi.uni-frankfurt.de


    Weitere Informationen:

    https://aktuelles.uni-frankfurt.de/englisch/deutsche-boerse-capital-markets-acad...


    Bilder

    Merkmale dieser Pressemitteilung:
    Journalisten
    Informationstechnik, Wirtschaft
    überregional
    Forschungs- / Wissenstransfer, Kooperationen
    Englisch


     

    Hilfe

    Die Suche / Erweiterte Suche im idw-Archiv
    Verknüpfungen

    Sie können Suchbegriffe mit und, oder und / oder nicht verknüpfen, z. B. Philo nicht logie.

    Klammern

    Verknüpfungen können Sie mit Klammern voneinander trennen, z. B. (Philo nicht logie) oder (Psycho und logie).

    Wortgruppen

    Zusammenhängende Worte werden als Wortgruppe gesucht, wenn Sie sie in Anführungsstriche setzen, z. B. „Bundesrepublik Deutschland“.

    Auswahlkriterien

    Die Erweiterte Suche können Sie auch nutzen, ohne Suchbegriffe einzugeben. Sie orientiert sich dann an den Kriterien, die Sie ausgewählt haben (z. B. nach dem Land oder dem Sachgebiet).

    Haben Sie in einer Kategorie kein Kriterium ausgewählt, wird die gesamte Kategorie durchsucht (z.B. alle Sachgebiete oder alle Länder).