Economics: Market Simulation

Managing Director of multiple Credit Desks at Morgan Stanley, Mr Ziyad Rizkallah welcomed everyone and then took questions about careers in the bank. There were about 150 students from a variety of other schools.

Students were divided into two groups: asset managers and investment bankers. There was a news feed which announced events and they had to respond based on how much the information diverged from market expectations. The asset managers traded by buying or selling shares and the investment bank then neutralised the risk by doing the reverse trade.

This gave the students a great initial insight into markets and very effectively led them through some basic principles of Economics and Trading. It was great to see Economic principles being used in practice even if it was ‘intense but fun’, as Year 12 student Louis described it.