Introduction to Capital/Financial Markets Series
Capital markets refers to the channeling of money from lenders of cash, such as asset managers, to those who need to borrow money, such as corporations and governments. Traditionally, capital markets implied equities and fixed income securities. Today, the lines are blurred between these traditional markets and foreign exchange and derivatives. There are a plethora of instruments, and an abundance of terminology. Executing market transactions, in both the primary and secondary markets, would also come under the umbrella of capital markets. This introductory series familiarizes participants with several components:
- Introduction to Capital/Financial Markets – Monday, June 10 – 1:00-3:00 p.m. ET
- Introduction to Equity Markets – Tuesday, June 11 – 1:00-3:00 p.m. ET
- Introduction to Fixed Income – Wednesday, June 12 – 1:00-3:00 p.m. ET
- Lifecycle of a Trade – Thursday, June 13 – 1:00-3:00 p.m. ET
These training sessions in this series are delivered in 2-hour-long segments on different days, allowing participants the flexibility to fit them into their schedules.
Fixed Income Series
The US Fixed Income Market makes up approximately 40% of the global fixed income market or $40 trillion. The fixed income markets include government and corporate debt, municipal securities, agency debt, securitized products and financing tools such as repurchase agreements (repos). Technology and regulation have changed the landscape of what was once a predominantly bilateral market. Investment banks, which dominated the space prior to the credit crisis, have now pulled back as it has become a more capital-intensive business. How do portfolio managers and traders make their investment/trading decisions? What happens after the trade is made? This fixed income series answers these questions and much more through the following training sessions:
- Fixed Income Instruments and Their Electronification – Monday, June 17, 2019 – 1:00 to 3:00 p.m. ET
- Pricing Bonds – Tuesday, June 18, 2019 – 1:00 to 3:00 p.m. ET
- Fixed Income Risk Measurements – Wednesday, June 19, 2019 – 1:00 to 3:00 p.m. ET
- Securitization – Thursday, June 20, 2019 – 1:00 to 3:00 p.m. ET
- Repurchase Agreements – Monday, June 24, 2019 – 1:00 to 3:00 p.m. ET
These training sessions are delivered in 2-hour-long segments on different days, allowing participants the flexibility to fit them into their schedules.
Derivatives are contracts that derive their value from some underlying asset such as a fixed income security, an equity security, or a commodity. Derivative contracts can also derive their value from an interest rate, an exchange rate, an index, or even an event such a credit default. Derivatives may trade on an exchange or over-the counter (OTC). If trading on an exchange, derivative contracts are standardized versus OTC where the contracts are customized. There are a variety of derivative products including futures, forwards, interest rate and currency swaps, options, caps/floors, and credit default swaps. Derivatives are used for a variety of reasons including hedging, speculating, increasing yield, and replication. GFMI’s Derivatives Series addresses interest rate swaps, financial futures, options, lifecycle of a derivatives trade, and credit default swaps. The courses are stand-alone so you can choose all of the courses or just the ones that pique your learning interest.
- Interest Rate Swaps – Wednesday, July 10, 2019 – 1:00 to 3:00 p.m. ET
- Financial Futures – Thursday, July 11, 2019 – 1:00 to 3:00 p.m. ET
- Options – Friday, July 12, 2019 – 1:00 to 3:00 p.m. ET
- Lifecycle of a Derivatives Trade – Monday, July 15, 2019 – 1:00 to 3:00 p.m. ET
- Credit Default Swaps – Single Name and Indices – Tuesday, July 16, 2019 – 1:00 to 3:00 p.m. ET
Asset Liability Management (ALM) refers to the management of various risks found in banks’ and credit unions’ balance sheets, including interest rate, prepayment, credit, liquidity, and operational risk. This two-session course focuses on interest rate and liquidity risk. From a regulator’s viewpoint, specific focus is on the identification, measurement, monitoring, and controlling of these risks. ALM is not an exact science, but a process that, if executed properly, is built into banks’ and credit unions’ cultures. The process begins with the asset liability committee, commonly referred to as ALCO. Part I of this course addresses interest rate risk (IRR) with models running from simple static gaps, to the more complex models of income simulation and economic value of equity. Part II of this course analyzes how banks and credit unions manage liquidity risk, including liquidity contingency plans. Note: The target audience for this course is not large complex banking organizations
- Asset Liability Management (ALM) in Banks and Credit Unions – Part I – Tuesday, July 23, 2019 – 1:00 to 3:00 p.m. ET
- Asset Liability Management (ALM) in Banks and Credit Unions – Part II – Wednesday, July 24, 2019 – 1:00 to 3:00 p.m. ET
First Time Attending a Virtual Instructor Led Training?
This session is not a typical webinar, but an interactive training course with a live instructor. This hands-on session will include instructor-led discussions, written exercises, and online questions or polls. You will be able to download the course materials and print them out or view them electronically. So, have your choice of writing utensil handy – whether to write with a traditional pen or pencil on paper or to write directly on the PDF documents! And if you are viewing the PDF it might help to have two screens, but it is not essential. Tip: You can use a laptop and a tablet!
Group Internet Based
Field of Study
For information contact:
Ms. Mindy Kapner
Complaint Resolution Policy
If you are dissatisfied with our learning courses, all grievances will be handled by:
Ms. Mindy Kapner
Global Financial Markets Institute, Inc. is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the national Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org.