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Risk Management
Total risk management is the combination of all the elements of risk management into a consistent strategy...
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Training - Finance Courses
Introduction to Financial Market
1. Course Overview
This two-day programme has been specifically designed for
delegates who need a rapid understanding of the structure and
operation of global financial markets and an appreciation of
the major instruments traded on those markets. The programme
will be practical and will make use of spreadsheets and the
Academy's Bloomberg™ terminals.
The programme will provide a comprehensive background to the
world of modern finance. Delegates will be guided through the
wide range of instruments on offer, how they are traded, why
they are traded and by whom they are traded.
2. Who will gain from the course
The course is ideally suited to both graduates and
non-graduates recently joining the financial services industry.
Most participants will be graduates but will have little
knowledge of financial markets and financial products. The
course will be especially relevant to those with jobs in back
office and support staff, staff in HR, graduate trainees and
new entrants, IT and IT support staff, financial recruitment
staff, public relations staff, legal staff and assistants.
3. Prerequisite Knowledge Required
GCSE Mathematics A-C, or equivalent, and a basic knowledge of
Excel.
4. Structure of the Course
Day 1
Introduction: The role and purpose of financial markets.
- The role of the Bank of England and the FSA
- Financial Institutions: Banking and insurance
- Money markets: functions and main instruments
- Spot and forward interest rates
- Foreign Exchange: development of the market place. How FX is
quoted.
The linkage between interest rates and FX forward quotes
- Stock Exchanges: Historical perspective. Recent developments
and mergers
- Debt markets: Medium and long dated government securities in
the UK, Europe, Japan and the US. Debt markets: The yield
curve. The Repo market
- Debt markets: Corporate bonds and floating rate notes
- The time value of money and fixed income security pricing.
Day 2
Financial markets and products
- Derivatives Exchanges: History and functions. Derivatives
trading open outcry versus electronic trading. LME, IPE,
Euronext.liffe, etc.
- Futures markets: CBOT, CME, SGX, Eurex, Euronext.liffe.
Instruments traded, uses and margin accounts
- Exchange Traded Options: Option terminlogy. Types of options
available. Who uses them? Why and how?
- Clearing and Settlement: The role of the Clearing House
- Over-the-Counter (OTC) Market and Instruments: Forward
markets, swap markets, credit derivatives, hybrid instruments.
5. Course Delivery
Teaching will take place in dedicated seminar rooms, IT labs
and the Bloomberg™ Research and Trading Room. Courses will
normally be delivered to small groups of up to 15 participants
to facilitate learning.
6. Benefits
This course will extend your knowledge and introduce you to
some fundamental tools so that you will be able to:
Understand how and why financial instruments are used
Understand the rational behind the major instruments traded in
today's global markets
Appreciate the linkages between financial markets
Appreciate the institutional background and operation of
financial markets
Perform basic financial market calculations
Construct simple option strategies
Duration: 2 days
Price: £900 |
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