A confession, played
The
Trading
Game
Trading
Game
One Canada Square, the tower on the cover. Photograph by Mark Gilbert.
A fast, noisy, multiplayer market-making game built on the same mechanics Citibank used to recruit traders — the one Gary Stevenson describes in The Trading Game. Quote two-way prices, trade on information edges, survive overnight swap, and see who reads the market best.
A real instrument
You're market-making a simulated price: gold, or EURUSD, GBPUSD, EURGBP, USDJPY. Each opens at a current level, with its own tick, spread and overnight swap.
One table
Play with friends in a shared room. Any empty seats are filled by a computer trader so you can always play, solo or with others.
The vocabulary
The Trading School explains spread, swap, pips, bid/offer, inventory risk and market-making tactics as you play.
Ready to make a market?
Choose an instrument, a computer difficulty, and start trading in seconds.
Play now Create an account to track your scoreHow a round works
- You and up to a handful of other traders (human or computer) each get a private early signal about where the price is heading.
- At any time, ask another player "what's your price?" — they must quote you a two-way bid/offer with at least the instrument's minimum spread.
- You instantly decide: buy their offer, sell their bid, or pass.
- Public "reveals" trickle in during the round, like the book's centre cards being turned over, sharpening everyone's estimate of the true price.
- Hold a position through a rollover and you'll pay (or receive) swap, just like a real overnight FX/CFD position.
- When the round ends, every trade settles against the true final price. Highest score wins.