Assumption students in the University’s new finance major now have access to a cutting-edge trading room. The Lagarce Trading Room features state-of-the- art Bloomberg Terminal software, allowing students hands-on learning as part of their studies. The trading room, made possible by the generous donation of Jeffrey ’76 and Sue (Daly) Lagarce ’80 and supported by additional benefactors, is housed in the Grenon School of Business in the Tsotsis Family Academic Center. The room features a stock ticker and 12 computers equipped with Bloomberg Terminal technology, and hosted its first class during the spring semester. In the Lagarce Trading Room, students access up-to-the-minute financial data and utilize industry standard software and hardware.
“When Susan and I first toured the Grenon School of Business, the idea of a trading room emerged,” said Lagarce, who retired in 2018 as the president of Fidelity Institutional and spent most of his career running Fidelity businesses both in the U.S. and in Europe. “A trading room empowers Assumption students to benefit from a hands-on, real-life experience of global markets. It provides an atmosphere of excitement and knowledge that gives Assumption students a distinctive advantage when interviewing for careers in the financial services industry. We are excited for Assumption students as they use the same tools as Wall Street traders to further their knowledge of the financial services industry in preparation for a successful and rewarding career.”
“We are grateful to Jeff and Sue Lagarce, and to the other generous donors who have made this trading room possible,” said Joseph Foley, dean of the Grenon School of Business. “A room equipped with cutting-edge industry technology provides our students access to real-world experience, rather than simply reading about trading and financial practices in a textbook. We will incorporate the Lagarce Trading Room into both curricular and extracurricular activities. Students may use the excellent lab facilities to achieve certification in Bloomberg Market Concepts, also known as Bloomberg Certification. This is one of multiple opportunities to set students up for success and assist them in the transition from University study to career development.”
