Inside JGU 2020 - Issue 10 (October)
Jindal School of Banking & Finance partners with National Stock Exchange of India
The Jindal School of Banking & Finance (JSBF) has partnered with the National Stock Exchange of India (NSE) for training and capacity building of students on a new technology-enabled platform.
This partnership aims to create opportunities for students of JSBF and subsequently other students of JGU who are interested in learning about trading in the financial markets. This partnership will help students gain practical trading experience on NSE’s real-tick data from stock market trading on NSE’s Simulated Market Training (NSMART) Platform. This will help students access the financial market platform that extends far beyond the formal and traditional forms of finance education. The NSMART application reproduces features of a live equity/derivative/currency derivative market on trading terminals for students to practice and learn trading securities without financial risk.
This electronic learning platform lays emphasis on the use of technology, information and research in making investment decisions to optimise financial returns. The NSMART using the web-based application will support simulation of strategy-based trading on real NSE data in three segments: NSE CM (Cash/Equity Market), NSE FNO (Future& Options) and NSE CD (Currency Derivatives). This electronic learning platform will also help students learn technical charting tools, algorithmic trading and carry forward of trade positions.
The NSMART learning application will be embedded within various core and electives courses at JSBF on finance and risk management. This initiative aims at developing prudent financial management skills with the intention of enabling and empowering young professionals in banking and finance who are adept at technical skills required to participate in global financial markets. All elective courses offered by JSBF are cross-listed, which enables all students of JGU, including those in schools other than JSBF, learn various aspects of technology-led finance, banking and allied areas. In future, JSBF will offer elective courses to all students of JGU who are interested in acquainting themselves with the fundamentals of trading strategies in financial markets.