Get in Touch
 Duration 14 hours

Course Outline

The Global Capital Markets

  • Defining the 'financial market place'
  • The historical evolution of contemporary global financial markets
  • The influence of financial media
  • Architectural components of major capital markets:
    • Exchanges, clearing houses, and regulatory bodies
    • The recent surge in global investment activities
    • Varieties of 'Stock Exchanges'
    • The positioning of Stock Exchanges within modern markets
    • Overview of US, European, Middle Eastern, and Asian Stock Exchanges

Financial Markets Regulation:

  • Capital adequacy standards
  • Basel I framework
  • Basel II framework
  • Basel III framework and its broader implications
  • Impacts on new product development

Asset Classes and Their Respective Markets

  • Current trading instruments on Stock Exchanges
  • Equities: Common and Preferred stocks
  • Bonds: Corporate and Government issues
  • Bonds: Fixed, floating, and zero-coupon rates, and the Yield Curve
  • Money Market instruments
  • Currency markets
  • Investor motivations for buying and selling
  • Distinction between Income and Capital Gain
  • Interconnections among various asset classes
  • Relationships between Exchange-traded and Over-The-Counter markets

Short-Term Money Market

  • Certificates of deposit
  • Treasury Bills
  • Commercial paper
  • Trade paper and Banker's Acceptances
  • Standard market norms and practices
  • Key market participants

Types of Stock Exchange Investors

  • General investors
  • Fund managers
  • Hedge funds
  • Stock Exchange participants
  • Investment banks, Stockbrokers, Hedge Funds, and Prime Brokers
  • Intra-market dynamics: the buy-side and sell-side of the industry

The Role of the Stock Exchange

  • Venues for product trading
  • The significance of the OTC market
  • Historical progression of Stock Exchanges
  • Primary Stock Exchanges in today's landscape
  • US, European, and Asian markets: architectural differences
  • Asset classes traded on global Stock Exchanges
  • Major Primary and Secondary markets
  • Key hubs: New York, Euronext, London, Shanghai, and Hong Kong
  • Appeal of 'listed' companies to investors
  • Leveraging Stock Exchanges for liquidity pooling and capital raising
  • Strategies for Capital Raising
  • Company 'Floating': various methodologies

Clearing & Settlement

  • Settlement processes and associated risks
  • Settlement conventions in major markets
  • Equities, Bonds, and derivatives
  • Derivatives clearing procedures
  • The Central Counterparty (CCP) role
  • CCP services offered to Stock Exchanges
  • Margin requirements
  • Security trade settlement workflows
  • Pre-settlement phases
  • Settlement execution
  • Common issues: unmatched trades, settlement delays, and failed deliveries
  • Stock Exchange Settlement Discipline
  • The 'life cycle of a trade': linking execution to settlement
  • The function of International Central Securities Depositories (ICSDs) and Central Securities Depositories (CSDs) – including LCH.Clearnet, Euroclear, Crest, Clearstream International, and the DTC

Custody

  • The role of Custodians in Stock markets
  • Settlement and safekeeping services
  • Income collection and Corporate Actions
  • Cash management and funding transactions
  • Value-added services
  • Accounting functions
  • Stock Lending and collateral management
  • Trustee services
  • Valuation reporting

Alternative Investments

  • Definition and scope of Alternative Investments
  • Structured products: Risk and return profiles
  • Hedge funds: Risks and control mechanisms
  • Venture Capital: Valuation challenges, risk, and control
  • Private Equity and Angel Finance
  • Application of derivatives in Asset Management
  • OTC versus ETD markets
  • Types of Derivatives used in Asset Management
  • Futures
  • Options
  • Risk controls for derivatives, covering documentation, valuation, and reporting

Management of Quoted Equity Investment

  • Risks involved in acquiring securities
  • Risks involved in managing securities
  • Risks linked to corporate actions
  • Pricing mechanisms for quoted equity investments
  • Primary sources of risk
  • Standard controls within equity investment
  • Risks specific to international equity markets

Management of Quoted Fixed Income Investment

  • Risks in acquiring and disposing of fixed income securities
  • Use of credit ratings and related risk considerations
  • Risks associated with fixed income pricing
  • Risk controls in corporate fixed income processing
  • Risks associated with Government Securities
  • Sovereign risk ratings
  • Valuation methods for government securities
  • Risk controls in sovereign bond processing

Market and Credit Risks in Global Market Investing

  • Market risk fundamentals
  • VaR (Value at Risk) calculations
  • Market risk modelling techniques
  • Credit risk fundamentals
  • Methods for measuring Credit risks
  • Global Market risk dynamics
  • Money Market risks
  • OTC market risks
  • Exchange-related risks

Number of participants


Price per participant

Testimonials (1)

Upcoming Courses

Related Categories