Partners‎ > ‎

Academic partners

■ Paris VI - LSTA





 ■ Liverpool : Institute for Financial and Actuarial Mathematics



■ SimTrade 


SimTrade is a research project to better understand the properties of financial asset     prices (statistical distribution, volatility, extreme price movements, bubbles and         crashes) and the behavior of individuals in terms of financial decisions (behavioral         finance). SimTrade is also a pedagogical tool about financial markets. Its objective is                                                               to understand how financial markets work and to learn to trade in markets.                                                                               It proposes a trading-simulation platform available on In a fictitious                                                                 but realistic way, SimTraders can send orders to buy and sell stocks within                                                                             predefined and reproducible market scenarios. The originality of SimTrade is to                                                                         simulate not only orders sent by SimTraders but also the realistic behavior of other                                                                   traders and the firms that issued the traded stocks. In such a way, SimTraders have                                                               a direct impact on the market, which is important to understand the performance and                                                               risk of trading strategies.