The MUSE trading room at the Faculty of Economics is up and running!

Officially inaugurated by Philippe Augé, President of the University of Montpellier on Tuesday, May 28, 2019, the "MUSE" trading room at the University of Montpellier's Faculty of Economics is a place to learn in risk analysis and management for future finance professionals.

The project's initiators François MIRABEL, Director of the Faculty of Economics, and Françoise Seyte, Senior Lecturer at the University of Montpellier, presented the trading room as "a place where risk management professionals process buy and sell orders for complex financial products (stocks, bonds, options, etc.), with the aim of maximizing the return on a capital investment and minimizing the risk of loss".

This state-of-the-art multifunctional space represents a genuine educational innovation for the digital age, based on professional practices. With 15 workstations, it can accommodate up to 30 students simultaneously, enabling an innovative approach to teaching risk analysis and finance, entrepreneurship and risk management. It is equipped with :

• 15 double-screen workstations and trading software, so as to be able to read as much information as possible in real time and react (buy/sell shares) according to the variability of the data displayed,
• interactive screen,
• large cable screens on business news channels,
• a teaching robot (Awabot) to facilitate remote intervention by professionals/teachers.

Thanks to former Monnaie Banque Finance et Assurance student Daniel Melhem, Data Scientist and founder of the Paris-based company DIMTECH, the trading floor will be able to provide students with cutting-edge trading software. Daniel Melhem holds a PhD in quantitative finance and specializes in the fractal chaos approach, financial modeling and asset management. He leads a team of researchers specializing in the development of trading strategies and innovative models for the selection, forecasting and allocation of financial assets.