Description

The primary use case of digital assets is on their associated blockchain (e.g., Bitcoin, Ethereum, EOS, TRON) to facilitate its on-chain transactions and its on-chain applications. This information is quite essential when assessing a blockchain project. In addition, digital assets could also be traded on crypto exchanges very much like the Foreign Exchange (FX) market. The market microstructure of digital assets is quite complex and does not resemble any of the more traditional financial markets (e.g., equities, fixed income, commodities) that we know. It is critical to understand its market microstructure if someone wishes to trade or invest in digital assets and this course will provide the tools for the participant who wants to simply understand the market as well as for those looking for a more intermediate to advanced level of understanding.

This course is presented in two sessions: Part 1 (Crypto market microstructure and the regulatory landscape) and Part 2 (Digital assets – risk and valuation). Registrants should attend both sessions in their entirety.

Course Objectives

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

• Analyze Crypto market microstructure
  • How does it differ from traditional financial markets
    • Fragmentation
    • Regulation
    • Transparency
    • Oversight and market surveillance
• Identify and recognize market manipulation and fake volume
• Discuss hacks and why they exist on crypto exchanges
• Explain digital assets as an asset class
  • How do digital assets differ from other asset classes?
  • Review crypto financial instruments
    • Futures
    • Options
    • Exchange Traded Products (ETPs)
  • Crypto custody
• Discuss the current valuation models applied today for digital assets and their drawbacks
• Explain how digital assets should be evaluated

Suggested Prerequisites: None

Program Level: Foundational

Target Audience: Anyone who wants to learn about crypto market microstructure and how to evaluate digital assets, such as staff from operations, IT, legal, compliance, middle office, research, investment, trading or HR, and regulators who work closely with various aspects of the capital markets and FinTech.

Advance Preparation: None

Computers and Financial Calculators: Computers or tablets for viewing and accessing the electronic documents. Calculators are not required.

Recommended CPE Credits: 4.8

Instructor: Merav Ozair, PhD

Duration: 4 Hours Total

Price: $258/learner