What is the Telstra Trading Room?
A unique collaboration between Telstra and Deakin, the room functions like an interbank FX trading floor, giving you practical learning and insights into the working of the foreign exchange market.
Exposure to real-world economic scenarios
Deakin is one of only a few Australian universities offering trading curriculum in a high-tech teaching space to undergraduate and postgraduate students, as well as external companies interested in training their staff in a real-life environment.
Experience the fast-paced nature of the trading world with our advanced equipment including tickers, ASX and Bloomberg real feeds on the trading wall.
How it works
The custom-made facility is made up of 15 banks, named after real institutions. Each bank can have a team of three students, taking on the essential roles of dealer, position keeper and risk manager.
Develop your practical skills
Take all the theoretical knowledge you've gained about risks, pressures and strategy formulation and improve your practical skills during a Telstra Trading Room simulation.
Running time of your session and debrief
Sessions run for approximately 1.5 hours and include a post-session debrief where you and your team can assess trading results, outcomes and your performance.
What will you learn?
Although the Telstra Trading Room is a simulated environment, the decisions made by you and your team are based on real-life economic scenarios.
Through trading reports, you'll develop your:
- teamwork capabilities
- critical thinking and analysis
- written communication skills.
You'll get to understand dealing practices and conventions in the foreign exchange market and within the simulated bank's treasury dealing room, you'll learn to:
coordinate front and back office functions
account for and settle transactions
develop and examine dealing strategies
analyse and manage the roles taken by you and your teammates.
Hire the Telstra Trading Room
If you'd like to hire our teaching space for training purposes, email the Faculty of Business and Law.
The IBM Centre of Excellence
Based at our Melbourne Burwood Campus, the IBM Centre of Excellence in Business Analytics helps to develop your skills in business analytics.
You'll be able to access IBM's analytics technology tools and certification programs through the centre and come along to seminars and panel discussions related to the field.
The SAS Visual Analytics Collaboratory
Our research lab, based at our Melbourne Burwood Campus, facilitates research collaboration on projects related to interactive visual analytics.
Specifically, we focus on how immersive visual environments can be used to support decision-making processes through analysing intuitive visual models of business and social data.
Academic and industry leaders work together on a broad range of topics which benefit business, education and the community, with students often asked to assist with the research.