Fixed Income Instruments and Their Electronification

$129.00

This session will examine the different sectors of fixed income. The various instruments will be reviewed in terms of their features and characteristics and how they are applied by market participants. Traditionally a bilateral market, technology, or more specifically electronic trading, has changed the structure of the fixed income markets. US Treasuries are predominantly traded using a central limit order book or CLOB while corporates and other securities are using a request for quote platform or RFQ.

  • Date: Monday, September 23 – 1:00-3:00 p.m. ET
  • Recommended CPE Credits: 2.4
  • Instructor: Ken Kapner
  • Duration: 2 Hours

 

Description

This session will examine the different sectors of fixed income. The various instruments will be reviewed in terms of their features and characteristics and how they are applied by market participants. Traditionally a bilateral market, technology, or more specifically electronic trading, has changed the structure of the fixed income markets. US Treasuries are predominantly traded using a central limit order book or CLOB while corporates and other securities are using a request for quote platform or RFQ.

Course Objectives

By the end of this session, participants will be able to:

  • Describe the different fixed income sectors
  • Identify the following securities/instruments:
    • Government vs. Agency vs. Corporate
    • Municipals
    • Exchange Traded Funds (ETFs)
    • Floating Rate notes
    • Callable/Puttable bonds
    • Zero Coupons
    • Preferred stock
    • Convertibles
    • Bank loans
    • Asset Backed Securities
  • Analyze the different electronic market platforms
    • CLOB
    • RFQ
    • Chat

Prerequisites: Suggested but not required

  • Fundamentals of the Capital Markets/Securities Industry or equivalent knowledge
  • Introduction to Fixed Income

Program Level: Foundational

Target Audience: Anyone who wants to learn about fixed income instruments, such as staff from operations, IT, legal, compliance, middle office, or HR, and regulators who work closely with various aspects of the fixed income markets.

Client Testimonials:

The interaction with Ken (the instructor) was the most useful part of the training; he kept the topic very interesting,” said a course attendee.

“It was a great session,” said a recent course participant who ranked the class 5 out of 5.

Advance Preparation: None

Computers and Financial Calculators: Computers or tablets for viewing and accessing the electronic documents

Recommended CPE Credits: 2.4

Duration: 2 Hours

Price: $129.00