| University : | Deakin University UniLearnO is not sponsored or endorsed by this college or university. |
|---|---|
| Subject Code : | MPE707 | Country : | Australia |
Assignment Task:
Learning Outcome Details
Unit Learning Outcome (ULO) Graduate Learning Outcome (GLO)
ULO 1: Students will be able to explain the key features of the global financial market
ULO 2: Students will be able to analyse the behaviour of the foreign exchange market movements
ULO 3: Students will be able to use the functions available on the trading platform to perform the currency transactions
ULO 4: Students will be able to understand and manage risk in the foreign exchange market
Description / Requirements
In this assignment, students are required to:
(A) Speculate with virtual money on a real internet trading website. (B) Write a report (maximum of 2,000 words) on their trading experience.
(A) Internet trading game (15 points)
The Unit Team will provide each student with a free demo account with easyMarkets, an online foreign exchange trading firm. You will have access to many of the features on the website that actual traders receive, including real- time quotes, news and a variety of charts (though some features that are licensed from third parties are not available on demo accounts).
Each student will be given an account on this website with AUD 50,000 virtual money. The goal of the exercise is simple: to make as much money as possible. easyMarkets provides access to foreign exchange spot markets and forward markets in order for you to perform your speculative activities. The website has a ‘Learn Centre’ tab, which contains information on the basics of forex trading. Please take the time to understand how the trading platform works before commencing your trading activities.
All students will receive an email (from the Unit Team) that contains a username and password for an account on easyMarkets before the end of Week 4, 3 April 2020. On receiving this, please do not change the settings (i.e. please do not change the email and password on the account). Please do not provide or add any information of personal nature to the account.
It is highly recommended that you do not start trading straight away; rather, it would be very useful to spend some time reviewing the features on easyMarkets. The foreign exchange market reacts very rapidly to news, so it is important that you do make it a point to spend a few minutes every day keeping track of how economic variables impact the forex market.
This MPE707: Accounting and Finance Assignment has been solved by our Accounting and Finance Experts at onlineassignmentbank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.
