The Bourse Game

To inquire more about our courses, you may call our Program Sales Officers at 830.20.50 or email us at cce-abib@aps.ateneo.edu.

The Bourse Game: Simulated Currency Trading Game is a professional training program where participants learn to understand the FX market behavior and to implement trading strategies in a simulated trading environment that is a near-real representation of the currency market.  The trading simulation allows participants who have previously acquired basic Treasury knowledge on concepts and products to apply this by managing risks as well as opportunities in a market subject to price fluctuations.  The culture promoted is risk awareness, not risk aversion.  By playing the game, the participants get to appreciate the price dynamics in currency trading and of the FX market, the active participation of banks as market-makers and price-takers.  They also get to appreciate the impact of price-influencing external factors on the markets and the major role that psychology and other intangible factors play in price movements.

Within a simulated currency market, you will act out the roles of quoting banks (market-makers) and calling banks (price-takers) by trading currency pairs with changing economic scenarios.  The simulation will enable you to:

    1.    Establish your market rate outlook based on initial and subsequent economic scenarios for the currencies traded;

    2.     Implement an integrated Trade Plan covering
            a.    What to do: buy or sell?
            b.    When to buy or sell?
            c.    How much to buy or sell?

    3.    Determine the kind of FX position to take, i.e., net overbrought (long)
        or net oversold (short), according to your market analysis;

    4.    Trend quoted rates in a bullish and bearish
        market for defensive and offensive strategies;

    5.    Apply select Code of Ethics trading principles,
        best practices and market conventions;

    6.    Appreciate market price dynamics as influenced by economic fundamentals as well as market sentiments;

    7.    Analyze and improve trading strategies implemented for each trading session;

    8.    Compute for net exchange positions (NEP) and weighted average rates to evaluate trading results using mark-to-market (MTM) process;

    9.    Perform critical post-trade activities such as FX Blotter/FCCL reconciliation; and

    10.    Apply basic bank risk management principles, e.g. FX Position Limits and Value-at-Risk (VaR) Limits.

is one of the country's leading global instructors and practitioners of Elliott Wave Analysis. His career boasts of years being on top of high-caliber banking and financial companies such as Citibank N.A., Bank of the Philippine Islands, Zaitech Inc., Banco Santander Philippines, Inc. and gluOne Inc.