Simulated trading at RETC is structured around the Rotman Interactive Trader (RIT) platform. The Electronic Communications Network (ECN) setup by RIT allows students to input limit and market orders in order to trade equities, fixed income, and derivatives with one another.
A demo of the Rotman Interactive Trader is available for download. The software allows schools to connect remotely to the Toronto trading server (“flserver.rotman.utoronto.ca”) and practice.
Simply follow the instructions on this page to install and run the Rotman Interactive Trader. The Toronto trading server operates 24 hours a day 7 days a week.
- Download the Rotman Interactive Trader Client v2.0 here.
- Run the Rotman Interactive Trader Client by double clicking on your desktop icon or by navigating through your start menu. The login dialogue box displays.
- To login to server port 10000, you can type in any username and password and it will automatically create an account if it does not already exist. If you have forgotten your password or the username appears to be taken, simply choose a new username and password to create a new account.
- You are now ready to trade.
The file below is required in order to ensure proper RTD functionality (real time data links between Excel and the RIT client).
For detailed instructions on how to install the RIT Client and the RTD Links, please download the RIT – Client and RTD Installation Instructions.
The syntax of the Excel RTD function is described here or at the bottom-right corner of the RIT Client display (click on the blue-marked “RTD” link).
In order to help users, some videos have been developed. Please see here.
The RIT software is currently being sold and used by over 40 institutions (universities, pension funds, and financial management firms) worldwide.
For more information about RIT, please see here.