The lecturer is very knowledgeable and can substantiate theories with his own personal experiences.
Harry Estipona - Government Service Insurance System
Financial Markets Courses
|3028||Foreign Exchange and the Currency Markets for Business - Basic and Intermediate Course||7 hours||The course covers issues related to foreign exchange risk management in the company. It shows how, using various financial instruments and foreign exchange analysis (technical and fundamental) can be almost completely eliminated in many cases, the negative impact of exchange rate fluctuations on cash flow and turnover of the main activities of the importer and the exporter (the core business). Participants in the international currency market Forex Relationships and dependencies between banks, brokers, marketers, exporters, importers and investors Why to manage currency risk Who should protect themselves against exchange rate risk Examples of graphs (importer, exporter, manufacturer of domestic public tender) Consultancy and currency speculation Facts and Myths Examples Discussion of the corridor option Practical examples Annual Financial Plan Business Plan of the commercial contract Tender Offer Ongoing monitoring (daily reports, etc.). Brokerage services About the Warsaw Commodity Exchange SA Product range Price conditions (spreads, commissions, fees)|
|finmrkts||Financial Markets||14 hours||This introductory course will provide participants with a first class and detailed working knowledge of the key financial markets, their purpose, function, main activities and their regulation. It is intended to be part refresher, part educational and part challenging so that all delegates will derive the maximum benefit from it. Feedback and discussion will be actively encouraged throughout the sessions which are intended to be interactive not just reactive and factual. The primary function is to ensure that by completion, all course delegates will be much better equipped to deal with clients and their ongoing needs and to put into context the services and markets in which they are trading and participating. The Global Capital Markets What is a ‘financial market place’ Historical development of today’s global financial market The role of the financial media Structure of the major capital markets: Exchanges, Clearers, Regulators The modern day surge in global investment The different types of ‘Stock Exchanges’ Where Stock Exchanges fit in today’s markets US, European, Middle Eastern and Asian Stock Exchanges Financial Markets Regulation: Capital Adequacy Requirement Basel I Basel II Basel III and its implications Source for New Product Development The Different Asset Classes and Their Markets What is traded on Stock Exchanges today? Equities – Common and Preferred Bonds – Corporate and Government Bonds – Fixed, Floating and Zero coupon, the Yield Curve Money Market instruments The currency markets Why do investors buy them, and what makes them sell? Income/Capital Gain The relationships between the various asset classes How Exchange traded and Over-The-Counter markets interrelate Short Term Money Market Certificates of deposit T Bills Commercial paper Trade paper & BAs Market norms and practices Market participants The Different Types of Stock Exchange investor Investors Fund managers Hedge funds Stock Exchange participants Investment banks, Stockbrokers, Hedge Funds and Prime Brokers Intra-market relationships – the buy and sell side of the industry The Role of the Stock Exchange Where are these products traded? The importance of the OTC market The past development of Stock Exchanges The main Stock Exchanges in today’s markets US, European and Asian Markets and their differing architecture Asset classes traded on different Stock Exchanges around the world The major Primary and Secondary markets New York, Euronext, London, Shanghai, Hong Kong The attraction of “listed” companies to investors Using Stock Exchanges to pool liquidity and raise capital Methods of Capital Raising ‘Floating’ the company – different methods Clearing & Settlement Settlement and settlement risk The different Settlement Conventions in the major markets Equities, Bonds and derivatives The process for Derivatives Clearing The Central Counterparty (CCP) CCP services provided to Stock Exchanges Margin The security trade settlement process Pre-settlement Settlement Potential problems – unmatched trades, delayed settlement, bad delivery Stock Exchange Settlement Discipline The ‘life cycle of a trade’– how the process links up from trade to settlement The role of International Central Securities Depositories (ICSDs) and Central Securities Depositories (CSDs) – LCH.Clearnet, Euroclear,Crest, Clearstream International, the DTC Custody The role of Custodians in the Stock markets Settlement and safe keeping Income collection and Corporate Actions Cash management and funding transactions Additional services Accounting Stock Lending and collateral management Trustee services Valuation reports Alternative Investments What are Alternative Investments? Structured products - Risks and returns Hedge funds - Risks and Control Venture Capital Valuation issues, Risk and Control Private Equity/Angel Finance The use of derivatives in Asset Management OTC vs ETD Types of Derivatives used in Asset Management Futures Options Risks and controls associated with derivatives, including documentation, valuation and reporting issues The Management of Quoted Equity Investment The risks associated with acquiring securities The risks associated with managing securities Risk associated with corporate actions Pricing of quoted equity investments Major sources of risk General controls within equity investment Risks associated with international equity markets The Management of Quoted Fixed Income Investment The risks associated with acquiring and disposing of fixed income securities The use of ratings and associated risk issues The risks associated with pricing of fixed income securities Risk and controls within the corporate fixed income processing Risks associated with Government Securities Sovereign risk ratings The valuation of government securities Risk and controls within sovereign bond processing The Market and Credit Risks of investing in Global Market Market risks VAR calculations Market risk modelling Credit Risks Measuring Credit risks Global Market Risks Money Market Risks OTC Risks Exchange risks|
|fixincom||Introduction to Fixed Income||14 hours||The Introduction to Fixed Income training course is an overview of the fixed income securities designed for anyone seeking a solid understanding of fixed income securities and financial markets. What is Fixed Income Securities? Types of Fixed Income Securities - Government Bonds (Billds, Notes, Bonds) - Corporate Bonds - Zero Coupon Bonds - High Yield Bonds - Medium Term Notes - Commercial Paper - Structure Note - Asset Backed Securities - Mortgage Backed Securities Fixed Income vs Equity - What is Equity - What is the difference between Fixed Income and Equity Structure of Fixed Income Market - Introduction to the Fixed Income Market - Major players - How to buy bonds Basic Features of Bonds - Maturity - Par Value - Coupon Rate - Currency Denomination Bond Indenture and Covenants Legal, Regulatory and Tax Considerations - International bonds - Government bonds - Tax Considerations Fixed Income Risks - Interest Rate Risk - Reinvestment Risk - Inflation Risk - Credit/Default Risk - Rating Downgrades Risk - Liquidity Risk - Volatility Risk - Exchange-rate Risk - Event Risk Pricing of the Fixed Income Securities - How to determine a fair price - Features of a bond and yield measures - Basic Calculation of a bond price Introduction to Fixed Income Valuation - Bond pricing with a market discount rate - Relationship between the bond price and bond characteristics - Pricing Bonds - Flat Price and Full Price - Matrix Pricing - Yield measures for fixed-rate bonds - Discount Basis yield and Add On Rate - Maturity structure of interest rates - Forward rate and Spot rate - Yield Spreads Principal Repayment Structures - Bullet Bond - Fully Amortised Bond - Partially Amortised Bond Coupon Payment Structures Bonds with Contingency Provisions - Callable Bond - Putable Bond - Convertible Bond Fixed Income Derivatives - Credit Default Swaps - Interest Swaps - Inflation Swaps - Bond Futures - Interest Rate Futures - Forward Rate Agreements|
|stockexin||Stock Exchange and Investment||7 hours||This training is designed for anyone who is interested in the stock exchange and investment. It intends to make people understand the technicalities with simple examples. This course will explain how the stock exchange works in relation to the London Stock Exchange. It guides you through the history of LSE and other Stock Exchanges. The participant will get familiar with financial site of LSE, how the share prices are calculated and what derivatives are and how the stock exchange is regulated by the government. This course does NOT advise you what to invest in! Exchange Markets The need of price discovery Demand and Supply Types of Exchange Markets and their implementations Short history of stock exchange Stock Exchange and alternative markets Stock Exchange Technicalities Types of financial instruments Shares, bonds Derivatives Shares How share price is calculated Types of shares Demand and supply Factors which may effect demand and supply Market and net value Source of income from shares Dividends Profit from sale Gilts and Bonds Derivatives What are derivatives? Risk hedge and speculation Futures Forward contracts Options Covered warrants Indexes How a value of indices is calculated LSE indices Stock Exchange and Regulation How Stock Exchanges are regulated by government in the UK and the US London Stock Exchange Finding a stockbroker Trading over the Internet|