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ACI Australia Dealing Simulation Course Ends Year on a High

ACI Australia’s Dealing Simulation Course closed 2007 – a year in which it held eight courses – on a high with the its inaugural course in the US and the second course of the year to be hosted in the UK.

November saw the course break new ground in the US, where, in association with Profit & Loss, ACI Australia put 21 delegates from 14 institutions and four countries through their paces over three days.

The Dealing Simulation Course is a residential course enabling all delegates to experience trading in a real time environment using cash and FX options. They experience realistic market movements and the related emotions of a 24 hour dealing environment.

“It’s as close as possible to the real thing,” says Jack Richards, director at NabCapital Credit based in Sydney and president of ACI Australia. “This is the first time ACI Australia has held its Dealing Simulation Course in the United States. Having delivered this course successfully in Australia for 20 years and in numerous countries around the world for over seven years we felt this was a logical extension to our education model that is one of the cornerstones of ACI Australia and ACI as a global association.

“The feedback has been extremely positive and as such we will be endeavouring to hold another course in New York in the first half of 2008,” he adds.

The US course followed closely on the heels of the latest to be held in Australia, which attracted 48 delegates, 12 from New Zealand, and was followed by the second course to be hosted by ACI UK in 2007. During the latter course, 30 delegates from 16 institutions and eight countries were tested over five days.

The course is sponsored globally by BT, Icap, Profit & Loss and Reuters. The UK course attracted additional sponsorship from CME Group and FX MarketSpace.
Richards says that ACI Australia has several courses already in the diary for 2008. Details can be found by visiting www.aciaustralia.com.au.

Winners – US
Dealers Dealer
Vincent Passalacqua – Bank of New York Mellon

Most Profitable Bank hyena
David Kizek – Reuters
Alex Hall – BP International
James Forwood – GFI

Best Operational Bank kangaroo
Will Irwin – Nordea Markets
Jack Jiang – NabCapital
Kuri Kurissi – GFI

Best Broker
Lindsay Seigner – UBS

Winners – Australia
Dealers Dealer
Scott Price – Westpac

Most Profitable Bank Tiger
James Redpath – ANZ National (NZ)
Jacob Bonnett – Goldman Sachs JBWere
Bryen Dugnan – Westpac
Max Brown – Bank of New Zealand

Best Operational Bank Jaguar
Emma Hazlewood – Bank of New Zealand
Rotcer Brizuela – NabCapital
Daniel Armstrong – Icap
Tom Barraket – Royal Bank of Scotland

Best Broker
James Redpath – ANZ National (NZ)

Best Exam Results
Jordan Howard – Westpac / 100%
Ben Roberts-Thompson – Westpac / 100%

Winners – UK
Dealers Dealer
Alex Dube – Lloyds TSB

Most Profitable Bank SNAKE
James Cole – Royal Bank of Canada
Jos Kendall – Icap
Udit Dewan – Lloyds TSB

Best Operational Bank TIGER
Sara Sanjuan – BNP Paribas
Anthony Barkell – Icap
Daren Partridge – HSBC

Best Broker
Abdullah Al-Langawy – Bank of Kuwait & Middle East

Best Exam Results
Udit Dewan – Lloyds TSB

Profit & Loss

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