Trading Challenge Game
I participated in the Flow Traders case during LED 2021 (Netherlands' largest recruitment event for econometrics students). During this case, we had to compete against other participants to be the first ones to place buy/sell orders to provide liquidity in the market while improving our net P/L.
The game is simple, there are 4 bid and ask orders on the screen. These orders are based upon the expected value of 10 throws of fair dice (expected value of 1 dice = 3.5). The goal is to buy at a lower price than the current expected value of the dice or to sell at a higher value, depending on the possible options.
While I enjoyed playing this game, I noticed that some other participants struggled in understanding it. I created this app to let young professionals prepare themselves for such trading simulation challenges and to help them improve their mental math skills which are essential for traders and market makers.