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).
This project is coordinated by Prof. François Longin, ESSEC, CREAR





     



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 www.simtrade.fr. 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.
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