Citizens For A Better Norwood

Friday, July 15, 2011

Xavier unveils Fifth Third Trading Center

Yesterday, Xavier University announced the Fifth Third Foundation has made a generous grant to underwrite operating costs for the University’s state-of-the-art, Wall-Street-style trading room, which today was named the Fifth Third Trading Center. The center is located in Smith Hall which opened in fall 2010 as the new home for Xavier’s nationally ranked Williams College of Business and is the largest Bloomberg-equipped facility among universities in the country.

“The generous support of the Fifth Third Foundation for the Fifth Third Trading Center will enable us to continue providing our students with unique real-world experiences which will better prepare them to be leaders in their future careers,” said Michael J. Graham, S.J., president, Xavier University. “For that we cannot thank Fifth Third Foundation enough.”

“We are honored by Fifth Third’s continued support of Xavier University,” said Gary Massa, vice president for University Relations, Xavier University. “I’d especially like to thank Fifth Third executives and Xavier Trustees Robert Sullivan and Mike Michael for helping Xavier continue its mission of academic excellence.”

Since it’s opening, the Center has trained more than 300 students, faculty and staff on its 44 Bloomberg terminals. Students are able to use information and apply analytics to make decisions, either in a simulated environment or, for the student investment funds, real decisions about investment holdings. The Center is used for undergraduate and graduate courses, Xavier's two student investment funds, workshops for students and faculty, a video conference speaker series, faculty and student research, and executive education for financial professionals.