With the objective of developing financial talent and further development of Mauritius financial market, Bourse Africa has launched a virtual trading simulation laboratory in partnership with The University of Technology, Mauritius.
The Bourse Africa Trading Simulation Laboratory will allow students of University of Technology, Mauritius (UTM) to enhance their practical financial market knowledge and develop trading skills in commodity and currency derivatives by allowing them trade on a virtual simulated environment that will replicate the actual market.
The laboratory, which is situated at the university premises, was inaugurated by Mr Rinsy Ansalam, CEO of Bourse Africa Limited in the presence of Dr. Hemant B. Chittoo (CMILT), Ag. Director General of University of Technology, Mauritius
The tech-centric trading simulation lab hosts world class trading technology that will allow participants to understand the role of technology in democratizing markets by creating awareness and enhancing market access.
“As a university committed towards providing students with an innovation-driven learning environment that matches global standards, we are glad to have Bourse Africa for setting up this state of the art laboratory. Our students will get a practical understanding of trading and will also understand the dynamics of global financial markets – which I strongly believe will enhance their competitiveness.” said Dr. Hemant B. Chittoo, CMILT, Ag. Director General, University of Technology, Mauritius.
Mr. Rinsy Ansalam, MD & CEO of Bourse Africa said, “We highly appreciate University of Technology, Mauritius for its approach towards capacity building and bridging the gap between theory and practice for its students. Mauritius is geared towards becoming the Investment Banking hub for Africa and we need to foster capable leaders in the financial market domain to take the growth story forward. With the trading simulation laboratory, we reiterate our commitment towards the development of financial market talent in Mauritius and Africa. The lab will allow students to get a real time experience of the markets and gain the ability to understand the role of trading, investing and risk management.”
Bourse Africa will be conducting periodic workshops to train the students on the technology, trade execution and various other aspects pertaining to financial markets.