• left arrow
  • Bid
  • Market Making
  • Offer
  • Position
  • Simulation

View preview class

Market making simulation

FmI Online
star star star star star
(4.9)
Immersive Simulation

Practice your market making skills in the options market.  You will be competing for client orders, managing your risk and setting your own bid / ask spread.

save-icon

What you’ll learn

In this simulation, we need to think about what is the fair value of this option is. You have been asked for a two-way price on an option. A bid and an ask.

This simulation runs over several rounds. In each round you will need to determine a fair value for the option that you are trading and then competitive bid and offer prices. You are competing to win client orders. But you do not want to win orders at any price. The orders that you fill need to be profitable for your trading desk. As the simulation progresses you will also want to manage your risk. Building a large position is costly for your balance sheet. Can you skew your prices to continue winning orders but keep your trading book as flat as possible?

About Instructors

Justin Sanders

Justin Sanders

Justin is a Director of MDA Training and leads the design and delivery of our asset management, investment banking and capital markets programmes for our global financial services clients. Justin enjoys working with clients to build highly tailored and interactive learning solutions and is renowned for designing and delivering programmes that present complex ideas in a clear, everyday language that delegates can really understand and appreciate.

Reviews


star star star star star

"The course provides a deep dive into the industry including the kind of roles different desks offer. One can choose between Asset Management, Global Markets and Investment Banking as their pathway. If you are someone who is curious to know more about the business and wants to make a career choice, head to Fmi."

Adit Daftary

star star star star star

"FMI provides excellent courses and other valuable resources for students and professionals looking to explore the world of finance. I learned about currencies, equity markets, and Microsoft Excel through FMI. I strongly recommend FMI for anyone looking to kickstart their career in finance."

Jasper Mathias

star star star star star

"I did the investment banking course with Fmi. It helped me to gain a foundation in finance before joining Khazanah as public market investment intern. Thank you Fmi."

Brian Ng

star star star star star

"FMI Provide great platform for people working in investment Banking sector and prefect introduction to all fiance jargon."

Aniket Belekar

star star star star star

"For those working in the investment banking industry, FMI offers a fantastic platform and a clear explanation of all the finance jargons."

Chinmayi Devisetty

star star star star star

"I would surely recommend short courses and equity overview to Freshers and even early stage professionals understand Equity overview is better manner. - Equity overview"

Azhar Shaikh

star star star star star

"FMI provides great platform for people working in investment banking sector it will help attaining optimum skills to enhance the learning and growth"

Deepak Taneja
finance career top shap

Market making simulation

This simulation runs over several rounds.  In each round you will need to determine a fair value for the option that you are trading and then competitive bid and offer prices.  You are competing to win client orders.  But you do not want to win orders at any price.  The orders that you fill need to be profitable for your trading desk.  As the simulation progresses you will also want to manage your risk.  Building a large position is costly for your balance sheet.  Can you skew your prices to continue winning orders but keep your trading book as flat as possible?

Investment banking pathway

Monthly Subscription
  • courses-clock60+ hours
  • courses-desktop9 courses

Investment banking offers many exciting career opportunities for students. From Financial Analysts to Investment Management, and Sales & Trading to a wide range of roles in infrastructure such as IT, Risk or Compliance. This pathway is designed to help you understand the investment banking industry, the roles investment banks are recruiting for, and most importantly, help you to develop the practical skills you need to get into the industry and your preferred role whether this be as part of a school leaver, intern or graduate program.

learn more

All our courses are accredited by

courses-accredited-image
join-student-img1 join-student-img1 join-student-img1
55,000+ students currently enrolled

Global markets pathway

Monthly Subscription
  • courses-clock70+ hours
  • courses-desktop10 courses

Global markets provide a range of important products and services to corporates, institutions and governments worldwide from executing trades and managing risk to providing quality research content. A key business area in all investment banks, global markets offers a wide range of career paths for students to consider across all functions and at all levels from school leavers to internships through to graduate programs.

learn more

All our courses are accredited by

courses-accredited-image
join-student-img1 join-student-img1 join-student-img1
85,000+ students currently enrolled

Asset management pathway

Monthly Subscription
  • courses-clock50+ hours
  • courses-desktop8 courses

The asset management industry is a global industry worth over 100 trillion US dollars. It plays a crucial role in managing the assets of retail and institutional investors, offering a wide range of exciting careers in doing so. If you’re looking to forge a career in asset management, our Asset management pathway is perfect for you. We help you build the skills all asset managers are looking for and explore everything you need to know about the industry and the wide range of roles available in the sector

learn more

All our courses are accredited by

courses-accredited-image
join-student-img1 join-student-img1 join-student-img1
100,000+ students currently enrolled