This course describes how the capital/financial markets operate with specific focus on equities and fixed income. How do governments, financial institutions and corporations raise capital? Market participants are identified including investors/portfolio managers, issuers/borrowers, investment banks and dealers/traders. Who are the investors and what are their objectives when investing? What is the difference between the primary and secondary markets, exchange-traded and over-the-counter? How does an investor buy or sell a security in the secondary market? How do fundamental economics and interest rates affect asset values? The answers to these questions will be examined and discussed in this 2-hour overview session.
By the end of this session, participants will be able to:
- Describe how the capital/financial markets function (Note that these markets may be referred to as the securities industry)
- Explain the various participants and their roles in the market place
- Examine how a new deal is brought to market
- Recognize and define terminology used in these markets
- Describe the importance of economics, interest rates and the Federal Reserve
Suggested Prerequisites: None
Program Level: Foundational
Target Audience: Anyone who wants to learn about capital/financial markets, such as staff from operations, IT, legal, compliance, middle office, or HR, and regulators who work closely with various aspects of the capital markets.
Advance Preparation: None
Computers and Financial Calculators: Computers or tablets for viewing and accessing the electronic documents. Calculators are not required.
Recommended CPE Credits: 2.4
Instructor: Ken Kapner
Duration: 2 Hours