ACF Global Trader

Global Trader
The Ultimate Trading Simulator
ACF Consultants Ltd.Global Leaders in Financial Knowledge Development ®
© 2000-8 ACF Consultants Ltd All rights reserved

The world’s most advanced and realistic trading simulator
Simulates allfinancial markets and products
A fast, effective, and exciting way to train your people for the global markets
A unique and intense experience
Flexible– limited only by your imagination
Global Trader – The Ultimate Trading Simulator
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Introducing Global Trader
“Incredible”
“Awesome”
“Amazing”

Use Global Trader for…
Identify talent and measure the aptitude of applicants under real-life conditions.
Dealer Assessment
Trader Training
Product Training
Sales Training
Client Training
Risk Management
Derivatives Pricing
Cross-Market Awareness
Develop the skills of your traders under the most realistic market conditions – without the risk!
Explain the complexities of financial products in a practical and real-world setting.
Identify opportunities and use sophisticated analytics to design innovative solutions for clients.
Help your clients understand the risks they face, and the solutions which you can deliver.
Analyse the impact of market risks, and assess your trader’s ability to manage risk exposure.
Advanced pricing tools demonstrate the pricing and hedging of simple and exotic products.
Expand your people’s horizons across the entire financial spectrum.
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Achieve results faster
Global Trader can literally halve the time it takes to bring your people up to speed
Go from classroom to trading floorin weeks, not months
With Global Trader, you can…

Assess traders accurately
Global Trader includes TradeMetricsdelivering incisive and precise measures of performance
Select the right people right from the start

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Strengthen teamwork…
between one trader and another
between traders and sales people

Train traders head-to-head
… in a competitive and dynamic environment
… ideal for sharpening wits and honing skills
… new trainees can “hit the ground running”

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Identify star traders
Compare profitability, risk, and facilitation
Assess respect for limits and risk management
Evaluate speed and correctness of reactions

Improve support personnel
Equip IT, operations, and back officestaff with the knowledge they need to support traders

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The Global Trader Experience
Global Trader creates…
A simulated dealing room using networked PCs
A totally realistic markets environment, with…
Market rates Communications systems
News Counterparty and position limits
Electronic broking Pricing and analytics support
Position-keeping Accounting and back-office
Traders interact directly…
Competing as individuals or cooperating in teams
Acting as market-makers, sales people, or clients
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Controlling Global Trader
Scenarios for every financial market
… using the flexible authoring system
Monitor and control simulations in real time:
Observe positions and profitability
Check risk exposure and limits
Monitor market-making performance
Introduce news and move markets
Alter speed, level, and difficulty
Debrief and probe individual performance
… using powerful analytics and TradeMetrics
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Key Features
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Covers all products and markets
Runs over any time scale
Trade one-to-one or via brokers
Advanced pricing systems
Strategy evaluator
Multi-dimensional risk management
Live market rate feed capability
Industrial-strength analytics and accounting
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CoversAll Products and Markets
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Fully integrated across all financial markets:
FX Futures
Fixed-income Options
Equities Exotics
Emerging markets Structured products
Commodities
Any currency or currencies
Any financial or economic environment
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Simulate the past, present, or future
Develop short-term tactics
… by simulating minute-by-minute eventsover one or several days
Evolve long-term strategies
… by simulating events over weeks, months, or even years
Any Timescale
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Trade One-to-One or Via Brokers
Direct dealing allows interaction between:
One trader and another
Customers and sales people
Sales people and traders
Tutor and traders

Electronic Broking
Allows traders to post prices, or to hit quotes
Mirrors NASDAQ or EBS
Reflects the latest in financial markets trading

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Powerful pricing systems, including:
Options – vanillas to exotics
Swaps – generic and structured swaps
Closed form and binomialmodels
Versatile back-solvers, for example:
What KO trigger for a 20% premium saving?
What floor strike level for a zero-cost collar?
Cubic splines for yield curve models
Advanced Pricing Systems
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Strategy Evaluator
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Handles any combination of instruments:
Fixed Income  Forwards and Futures
Equities Options
FX  Caps, floors, and collars
Analyses dynamic hedge behavior over time
Performs “what if…?” analyses on:
Experimental portfolios
Actual tradingbooks
Compare several alternative strategies
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Comprehensive exposure analysis for:
Hedge structures
Trading books
Analyse responses to any market rate:
FX spot rates
Interest rates (parallel and non-parallel shifts)
Volatilities (level and smile)
Commodity prices
VaR calculations and analytics
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Multi-Dimensional Risk Management
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Use Reuters IDN to providelive, real-time market prices…
…or use the versatile authoring system to create simulation environments with:
Any news stories
Any sequence of market rates
Any financial instruments
Any economic data
Any set of market participants
Live Market Rate Feed
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Industrial-Strength Analytics
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Complete logging of every transaction
Timing Effect on position and limits
Deal tickets  Impact on P&L, risk, “Greeks”
Fully comprehensive financial reports
Profit and Loss (multiple views and aggregations)
Balance Sheet
Cash Flows
Accurate accounting in any currency
Full back-office and trade settlement
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How to access Global Trader:
Global Trader is available on all financial markets seminars run by ACF Consultants
Installation and usage of the software is included within the training package
Licensing Options
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With Global Trader, you can:
Identify new talent
Train under the most realistic conditions
Achieve results faster
Develop productive personnel sooner
… and gain the competitive edge
Key Benefits
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Why use Global Trader?
Global Trader is the ultimate simulator for anyone involved in the financial markets.
Global Trader is…
… a great investment in learning
… a great investment in yourpeople
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We specialize in innovative training for Investment and Commercial Banks
We are the global leaders in creating financial and markets simulations
Based in London & New York, we operate globally
Our clients include:
World “Top 100” Banks
Many Central Banks and Regulators
Treasury Departments in Fortune 500 Corporations
About ACF Consultants
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To find out more, please contact us:
Bryant Nielson, North American Director
E-mail: bryant.nielson@acf.co.uk
Web: www.acfconsultants.com
Tel: + 1 (212) 422-4320
Next Steps…
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