HOBOKEN - Students got an opportunity today to get real-life experience on a trading floor during a competition held at Stevens Institute of Technology.
Teams of high school kids used a state-of-the-art lab to learn about trading stocks and equities under market conditions.
Teachers say the technology helps students test out the volatile marketplace of Wall Street.
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"By having them work with real market conditions, it gives them that opportunity to see what's happening in our markets, how things fluctuate," says Ann Murphy, of Stevens Institute of Technology. "It also gives them the opportunity to really test out what we really have in the lab, because we have all of this technology that has real information that's coming in."
Besides experimenting with real-life trading terminals, students also got the opportunity to network with business faculty and industry professionals.
The winning team of students will be eligible to receive a $5,000 scholarship to Stevens Institute.