EYON International Currency Lab

With the increasing importance of international capital movements, the study of exchange rate fluctuation and its implication on all aspects of economy is getting more important for a small open economy like Taiwan. The demand for talents in international finance has increased significantly along with the pace of globalization. In order to train students to become outstanding talents in international economics and finance, the Department established "EYON International Currency Laboratory" in 2005 with the sponsorship of a distinguished alumnus, Mr. Charles C. Y. Chen, and his Chen-Yung Foundation.

The students taking finance related courses such as "Money and Banking", "International Economics", "Foreign Exchange Trading and Derivatives" and "Futures and Options", can use the simulated trading system or related software provided by the currency laboratory, to acquire a hand-on experience on the market that they are studying.

Working with several sponsors from Taiwan's finance industry, each year, the currency lab organizes a virtual investment competition tournament. The tournament is open to all college students in Taiwan. It provides the participants an opportunity to apply the knowledge they learn in class. The participants learn to absorb economic and business news and ponder the strategies of trading foreign exchanges. They also learn to work as a team.