What is Trading?

Broadly speaking, trading is the buying and selling of securities on financial exchanges. There are many different types of securities, the most common ones including: foreign exchange (FX or Forex), equities (or shares), indices (such as the Dow Jones), commodities (such as gold and oil), fixed income products (bonds) and derivative products (this includes options and futures).

Trading these products on the financial exchanges centres around price movements in the underlying securities. Market participants include institutional investors, retail investors, banks, brokers and market-makers. Active traders, or speculators, will try to predict price movements. Market-makers, or liquidity providers will show prices at which they are willing to buy and sell the given securities, with the aim of capturing the difference between them, known as a bid-ask spread.

What is our Trading Division?

The Trading Division of the Trinity SMF was established to provide an outlet for members of the SMF who are interested in trading and the financial markets. The fund has grown in size to over 1,000 members since its establishment nine years ago. To reflect this growth, we wanted to broaden the opportunities available to members within the fund. We have an increased STEM membership in the fund, which is a trend we expect to continue. Further to this, many previous SMF alumni have gone on to pursue careers in trading, encouraged by the opportunities made available to them through the SMF.

We wanted to bring these opportunities together and formalise the trading insight activities of the SMF so that as many members as possible can discover if a career in trading is something for them.

Education

Meetings of the Trading Division are held weekly, during which members are given an insight into the various roles available within Trading.

Awareness

In line with our overall aim, the Trading Division of the SMF will focus on educating members on market basics throughout the year in weekly meetings.

Experience

The division will be running market-making mini-games and simulated trading competitions to give members an opportunity to apply what they have learned.

Meet the Head of Trading

Emma-Louise Ruane20190813112427

Emma-Louise Ruane

Head of Trading
Emma-Louise Ruane is a final year Management Science and Information Systems Studies student. Emma-Louise joined in the SMF in 2017 as an Analyst in the Basic Materials Sector. Last year, she was the Chief Risk Officer of the fund. Next year she will be filling the role of the head of the new Trading Division of the SMF. In first year, Emma-Louise completed an internship with Intel as a Product Development Engineer Intern, and last year spent the summer working as a Quantitative Trader Intern with Susquehanna International Group (SIG) here in Dublin. This summer she joined the Sales and Trading division of Morgan Stanley in London as a Summer Intern.
When I joined the SMF I was unaware of the breath of roles that existed within the finance industry. The opportunities available to me as part of the SMF helped me to discover trading as a career path and the experience I gained through the SMF encouraged me to pursue a career in trading. I am passionate about extending these opportunities to other enthusiastic students in the SMF.
Emma-LouiseHead of Trading

The Rotman International Trading Competition

Each year, the Trinity SMF competitively selects six students to represent the university at the Rotman International Trading Competition in Toronto. This highly prestigious competition provides students with an opportunity to make real-time trading decisions, manage risk and interact with other market participants.

Competitors compete in a variety of technical cases across different asset classes, including options trading, commodities trading and an open outcry case. The competition gives competitors the confidence to compete on a world stage against fellow students from around the globe. It is an unrivalled insight into the role of a trader on the financial exchanges.

Our 2019 team finished 9th in Options Trading Case and 32nd overall!