Akerendam has been testing people on their trading potential for more than 20 years in Europe, America and a part of Asia. The success of this assessment procedure has not only made Akerendam the most respected company on assessing trading potential in Europe, America and a part of Asia but has also made their customers the most profitable and fastest growing in their business.

Example screen Simutrader

Simulations are exactly tailored to the customer's strategy of derivatives and equity trading on the targeted exchange. Akerendam uses different and validated assessments for different exchanges with different trading systems. Whether the exchange uses a so-called open-outcry trading system or is totally electronic, Akerendam will use standardized simulations of the open outcry or the electronic trading system. If the customer trades via brokers on the telephone, Akerendam uses standardized simulations of trading with a broker on the telephone.

Second, the selection Psychologists of Akerendam know the trading business by heart and can work very closely together with their customers in the whole assessment center procedure. That means that they train their customers in assessment center skills to act as assessors in the whole procedure. That ensures total commitment of the customer on all selection decisions and will make the outcome of the assessment center easy transferable to a development plan for a high potential that will be hired.

Third, the assessment center for trading potential measures competencies, not knowledge. Based on extensive research in the trading business Akerendam has uncovered the specific competencies that discern above average traders from average traders. Thus, it can detect the high potentials with any background in a broad population, unless they have the skills, attitude, intelligence and personality to acquire the necessary knowledge. Consequently the Akerendam assessment center consists of different simulations, intelligence and mathematical tests, personality tests and an interview.

And last but not least; the assessment center for trading potential has been proven to be valid internationally. Akerendam has applied the assessment in Hong Kong, Sydney, New York, Chicago, Warsaw, London, Paris, Cologne and Amsterdam.

As far as we know, such a service is not currently being offered by any other consulting company. So, if you want your trading houses to be significantly more successful than others, a good start is to assess your candidates through this method and select the right people!

Akerendam guarantees a return on investment on your training and development costs per new employee and also ensures a high retention rate.