Welcome to the BMO Financial Group Finance Research and Trading Lab (BMO FRT-Lab) at the Joseph L. Rotman School of Management. Our multi-function laboratory integrates theory and practice by providing a focal point for research and training in a range of financial disciplines including investment strategy and portfolio management, financial engineering, and risk management, analyses of the microstructure of markets and trading, as well as other financial decision-making disciplines.
World financial markets have grown exponentially in size and exposure. With increasing globalization, market and company developments require rapid, accurate, and sophisticated in-depth analysis. To enhance the Rotman School's competitiveness in this environment, the Financial Research and Trading Lab (FRT-Lab) was founded by Professor Tom McCurdy, funded by a grant from the Ontario Research and Development Challenge Fund (ORDCF), and opened in 1999. In 2013, thanks to the financial support of the BMO Financial Group, the FRT-Lab was renamed the BMO Financial Group Finance Research and Trading Lab (BMO FRT-Lab) and moved to a new location in a newly renovated and larger space. This high-tech facility enables students, faculty, and staff to interact with the global financial community and its resources in a real-time setting.
The Lab has 71 dual flat panel stations equipped with real-time applications, data delivery portals, real-time data feeds, and two media/data walls. Training is enhanced by providing access to worldwide information on fundamentals, research, news, and prices, as well as by using industry applications. This allows students to practice implementing the material they are learning in the classroom. To access information on some of our current FRT-Lab resources, please visit this link
In addition, according to Founding Director Tom McCurdy, "a primary objective of the Lab is for participants to learn how to make good financial decisions in complex environments taking account of and managing uncertainty about the future. Our simulation-based-learning applications are designed to achieve this objective. These products include the RIT Market Simulator and associated Decision Cases and the Rotman Portfolio Manager platforms. For example, our RIT Decision Cases provide an opportunity for students to learn how to develop robust strategies that work well across the whole range of potential outcomes. Our learning-by-doing approach is a foundation for learning how to learn which supports life-long learning and innovation."
If students or faculty have any questions about the BMO FRT-Lab resources, research support, information requests, or the closure in general, please email financelab[at]rotman[dot]utoronto[dot]ca.
BMO FRT-Lab Mandate
- To enhance the Rotman School's teaching and training by providing students with access to the global financial community and its resources in a real-time setting.
- To contribute to the integration of theory and practice by delivering hands-on experience to users in order to enhance the global competitiveness of our students and our School.
- To become an innovator in new curriculum development, business initiatives, software development & other activities of value to the Rotman School and business communities.
- To provide a focal point for research and training in a range of financial disciplines, including: investment strategy and portfolio management; financial engineering and risk management; trading; and analysis of the microstructure of markets.
The BMO FRT-Lab employs 17 part-time lab assistants to help students and faculty throughout the year. If you're interested in finding out more about the lab, feel free to reach out to us at financelab[at]rotman[dot]utoronto[dot]ca.