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How do you teach students the nuances of portfolio management? How can you teach them about the
impact of market fluctuations on a $1 billion dollar portfolio?The Online Trading and Investment Simulator (OTIS) takes financial instruction to a new level. It allows student "fund-managers" to buy and sell securities ranging from domestic and international equities to options and future contracts using real data from today's markets. In short, OTIS enables the student to acquire near real-world experience without assuming real-world risk.
Using a complex backend application, OTIS tracks a myriad of diverse securities, keeping real-time data on positions, trading histories, and dividends. Security types traded on OTIS include: all equities in the S&P 500, equities added by students, international equities in the S&P 700, active U.S. Treasuries, a selection of municipal bonds from every state, a representative list of corporate bonds from the S&P 500, contracts for all four types of futures (commodity, currency, index, and interest rate), options on equities, options and futures, all major mutual fund families, and all major exchange traded funds. Working with data in OTIS' hands-on learning environment, students grasp such key concepts as portfolio balancing and management, benchmarking, and the impact of large-scale fund buys and sells on market positions.
