enb Swapsim™ trading simulation
enb swapsim™ is a trading simulation game and is based on interest rate derivatives and their applications and has been developed to encourage interaction and involvement on the trading floor. It has been designed to build on the knowledge gained through interest rate derivative product knowledge training, applying it through a trading simulation.
Participants inherit an existing swap portfolio, which they must manage during a number of trading periods, each one accompanied by an economic outlook that will influence the decision-making of the traders.
Throughout the simulation the traders will be asked by clients to structure and price transactions and to bid competitively for the new business. They will be expected to operate within strict risk and return boundaries and will therefore need to manage the risk or hedge their portfolios.
The winning desk will be the one that has achieved the highest return on risk capital since inheriting the portfolio, whilst at the same time transacting a high level of client business.
What are the benefits?
The benefits of enb swapsim™are as follows:
- provides a hands-on approach to all aspects of interest rate derivatives and their applications
- reinforces knowledge through direct applications
- brings the reality of trading to the training environment
- enhances the participants’ ability to structure solution-based transactions
- enhances decision-making skills
- encourages interaction and involvement, promoting a strong team approach
Who benefits?
enb swapsim™ is a valuable tool for:
- derivatives sales and relationship managers
- debt capital market professionals
- bond fund managers
- financial engineers
- junior swap traders and trading assistants
- research analysts
- market risk analysts and credit control
- product controllers and management accountants
- senior back office staff
Please contact us if you would like to discuss enb swapsim™ in more detail or would like to see a demonstration.
