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Hyderabad-based Indian School of Business (ISB), in partnership with the National Stock Exchange (NSE), has set up a first-of-its-kind trading laboratory at its campus here. The NSE-ISB Trading Laboratory, which has 34 terminals and giant news screens, will bring real-time stock movements and investment decisions close to a management student.
The lab also has access to financial databases including Bloomberg, Thomson Reuters, S&P Capital IQ and Wharton Research Data Services.It was inaugurated by NSE managing director and CEO, Chitra Ramakrishna, and ISB dean Ajit Rangnekar today. “This is a first-of-its-kind tie-up with a business school in India to create such a facility. We are definitely thinking on scaling it up,” Ramakrishna told mediaperson on the occasion.
Speaking on the partnership, Rangnekar said in the West, index-based trading did much better than individual share trading. The facility would allow students to do a lot of research into how developing markets work and operate, and this would again make people much better at trading and investment decisions.
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