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A practical exercise in ASSESSING BEHAVIOUR WITHIN AN ENVIRONMENT OF UNCERTAINTY AND RISK Tablet Optimised You can tell a great deal about a person by the way they trade. Decision making within an environment of uncertainty, pressure and risk allows for an accurate and real analysis of human behaviour. Piers Curran - Head of Trading A PRACTICAL INSIGHT INTO CANDIDATE BEHAVIOUR This one day event is designed to explore how a candidate’s behaviour may affect the way they make decisions within an environment of uncertainty and risk. After candidates receive a contemporary market overview and platform demonstration they will take to their live trading terminal to execute trading strategies across multiple asset classes. Candidates will be taken through three stages of assessment which each in turn alter the scenario to highlight different variables being measured. The assessed variables could include the below but we would expect to tailor these exactly to your institutions specification: • Deviation of return | Are returns close or disperse to the mean average of return? • Sharpe ratio | What is the volatility of returns? • Patience | Time spent in winning or losing positions • Variance Resilience | Ability of the trader to mitigate positive or negative performance on future trading decisions • Pragmatism* | Ability of the trader to book profit or take a loss of the trade close to the maximum potential profit or loss of that trade within the available time period • Discipline | How fast does the trader rectify a mistake made on any size or limit breaches? • Product Type | How does the trader perform in products of varying volatility? • Trading Style* | How does the trader perform in periods of different volatility? • Equity Curve* | How the traders equity curve changes over time *Variables being added to new heat map in 2016 FOUR STAGES OF TRADING WITH UNCERTAINTY AND RISK UNDERSTANDING GLOBAL INDICATORS 09:00 Review: Contemporary market trends Preview: Economic data and market expectations PLATFORM DEMONSTRATION Non-assessed trade execution and application of basic technical tools TRADING SESSION ONE 11:00 Candidates execute trades across asset classes with a strict limit on size of exposure but no limit on overall loss TRADING SESSION TWO Candidates execute trades across asset classes with a strict limit on size of exposure and strict limit on overall loss TRADING SESSION THREE 15:00 After lunch candidates execute trades with significantly increased size of exposure and strict limit on overall loss TRADING SESSION FOUR Candidates log into a new licence showing large adverse positions in volatile and illiquid products SESSION REVIEW 16:00 Candidates receive their results and heat map reports highlighting their performance variance PERFROMANCE ANALYSIS Our current technology records every decision candidates make, and the market environment in which they made them. Our new performance heat map (not shown) is expected to be completed by June 2016. Our proprietary market simulations give candidates an unprecedented experience actually applying the key investment concepts being taught with real market data. As candidates progress through this unique practical day, performance at each stage is recorded and reviewed to give candidates a full insight into how asset prices really move. “Truly a highlight of the training. The facilitators were incredibly prepared and the interface advanced. This was simply the most important part of the training.” Kelly Burke, Bank of America Merrill Lynch Amplify Trading delivers practical market training in over 15 Universities in the UK