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News Details
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| Date :
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18/04/2010
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Title : |
Inaugurating a Simulation Room and Signing an Academic Cooperation Agreement with University of Jordan
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Details : |
The CEO of Amman Stock Exchange (ASE), Mr. Jalil Tarif, and the Vice President of the University of Jordan, Dr. Salah Jarrar have inaugurated a Stock Exchange Simulation Room in the Business Management Department, in the presence of the Dean of the Faculty of Business, Dr. Hani Dmour, the Deputy CEO of the ASE, Mr. Nader Azer and members of the university teaching staff. Also, the ASE has signed an academic cooperation agreement with the University of Jordan on the purpose of establishing a stock exchange simulation room and training on the ASE e-trading system. The agreement was signed by Mr. Tarif on ASE's party and Dr. Dmour on the University's party.
The simulation room is intended to train students on trading securities and the exchange's operations, in addition to conducting researches and studies on the exchange by professors and the staff members. The simulation room is equipped with a main server to operate the electronic trading system, a PC for running the trading session in regard to controlling the time and the stages of the trading sessions, suspending or re-trading securities, changing the securities closing prices and other trading operations.
The room also includes twenty PCs that contain the necessary programs of entering orders to the system, which are connected directly to the electronic trading system, thus the students can enter and follow up these orders through a specific program, as well as watch live trading information
The agreement states that the ASE provides a simulation server, a router, specialized trading programs and training the university staff in charge of training the students on the programs and systems. Meanwhile, the university shall provide a simulation and training room and supplying it with technical appliances and connection lines necessary for connecting it with the ASE.
The ASE held, on this occasion, an Academic Day where a live trading session was broadcast in the university and inquiries and questions of students were answered. Holding such events goes in line with the ASE's policy of strengthening its ties with the local community and spreading the investment culture and raising awareness among citizens and investors.
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