Learning the language of Wall Street

Dr. Alex Faseruk instructs a student at a Bloomberg terminal

Dr. Alex Faseruk instructs a student at a Bloomberg terminal
at the Faculty of Business Administration. A similar terminal
is being installed in Memorial’s university library.

Nov. 27, 2013

Memorial University’s Queen Elizabeth II Library is about to join an elite group of academic libraries that offer access to a premier financial analysis tool called the Bloomberg Terminal. It allows users to interact with the global financial community in real-time and learn how to follow and interpret market-moving events that professional traders and money managers rely on to make critical decisions.

The installation of the terminal is a collaborative initiative between the QEII and the Faculty of Business Administration, and is an extension of the White Trading Lab that was generously donated to the Faculty of Business Administration in 2011. The terminal is named after Bloomberg L.P., the global business and financial information firm that delivers data, news and analytics around the world.

Mr. Josh Quinton, an equity derivatives specialist with Bloomberg L. P. and a Memorial commerce alumnus, helped negotiate the original donation of Bloomberg’s software and equipment, along with fellow commerce alumnus Mr. Brad White, founder, CEO and CIO of EdgeHill Partners.

The White Trading Lab was initially created to attract commerce students and prepare future graduates for work in global investment, but the terminals also have the technology and capacity to provide current and historical information on major markets, companies, and industries; therefore, providing teaching and research opportunities that go beyond the disciplines of finance and economics to include health care, public policy and journalism, just to name a few.

“We are very grateful for this opportunity to partner with the Faculty of Business Administration in order to provide students and faculty with greater access to the prestigious Bloomberg Terminal and the in-depth relevant information it holds. This tool will give students an unprecedented advantage as they begin their careers,” says university librarian Lorraine Busby.

“The White Trading Lab and its Bloomberg terminals have been a great asset to business students in their studies as they have been able to access and interact with real-time financial data,” says Dr. Wilfred Zerbe, dean of the Faculty of Business Administration. “We’re happy to help share this important resource with students in other disciplines so that they too can benefit from its use.”

The Bloomberg Terminal is now available for use and is located in the Commons area of the QEII. For information on how to use the resources and integrate Bloomberg into your curriculum, please contact Dennis Flynn, manager of information technology at the Faculty of Business Administration, by email at dflynn@mun.ca or by phone at 864.2160.

Kristine Power