The Core Trading Consultants (CTCs) have been playing a central role in the day-to-day operations of IC's powerful trading room since its founding in 1994. Until recently, the primary role of the CTCs has been to provide access to and technical assistance with the trading room's software.
Today, while still providing assistance in the trading room, the CTCs also manage the recently created Ithaca College Investment Club (ICIC), a mutual fund with nearly $24,000 in assets.
Working in analyst groups which represent divisions of the economy, the CTCs research companies in specific industries, set up watch lists, and compare fundamentals between firms. Over time, each analyst group selects a stock that they believe will increase in value and gives a "buy presentation" at a meeting. A vote by the shareholders then determines if the stock will be added into the mutual fund.
The expanded role of the CTCs provides a valuable service for the School of Business, and new opportunities for the CTCs to expand their financial knowledge, experience and confidence.
For more information on the CTC/ICIC organization and their 2006 performances, we invite you to review the Ithaca College Investment Club Prospectus and 2006 Annual Report.
Prospectus (.pdf)
2006 Annual Report (.pdf)