The Horizons Exchange Traded Funds Investment Decision Centre (HIDC) is a state-of-the-art facility at the Ron Joyce Centre (RJC-126) that provides students with hands-on exposure to state-of-the art portfolio management decision-making tools. The technology at the centre mirrors that used by portfolio managers.
The centre boasts 21 stations with Thomson Reuters Eikon, Bloomberg and FTS software.
Supported by information feeds from Morningstar’s Canadian Portfolio Management System (CPMS) and by Canada Newswire (CNW), students can use Investment Technology Group’s Triton® technology, which provides direct, broker-neutral access to global markets and intuitive tools that help traders improve decision making, automated execution strategies, effective order management and performance analysis.
Triton is a comprehensive global trading system for equities and derivatives. It was named Best Trading System in 2009 (Asian Investor Service Provider Awards). It empowers managers to determine the right strategy and to quickly locate liquidity on a trade-by-trade or list basis. Bloomberg access is available at all the workstations in the centre.
As with the Allen H. Gould Trading Floor, the HIDC serves as a resource and training centre for the business community and the general public, in addition to the DeGroote School of Business’ MBA and executive education students.
Room 128 in the Ron Joyce Center, RJC, is home (along with the Gould Trading Floor on the main McMaster campus) to the weekly Trader in Residence program, where industry experts impart their knowledge and answer tough questions from students and alumni.
The HIDC was made possible by a generous donation from Horizons Exchange Traded Funds and the company’s CEO and Founder, Adam Felesky, McMaster alumnus BA ’99 and B Eng. ’99. Part of the Horizons ETFs gift to the DeGroote School of Business was also used to create the Horizons Exchange Traded Funds Speaker Series. The series attracts a high-level finance speaker to share his or her experience with students and practitioners each year. Mr. Felesky generously donates a $15,000 scholarship to one outstanding, newly admitted MBA student each year, through the DeGroote MBA Admission Scholarship Competition. This prestigious, invitation-only competition allows exceptional candidates to demonstrate their technical proficiency, problem-solving capabilities, and communication skills.
