Fundamentals of the Securities Industry - Day

Understanding the foundations of the securities industry is essential to anyone working in this field. This course examines the terminology, principal players, recent changes and current trends in the securities industry.

10-Jul-2012 -- 10-Jul-2012New YorkUSD$1575
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ William Jannace; ] Tue Level: Basic

CPE CREDITS
14.0
Newcomers to the securities industry, traders, salespeople, back office professionals, staff assistants, compliance staff, auditors and IT professionals.
No advance preparation required.
Students will be able to:
  • Understand capital formation
  • Know the different types of securities
  • Understand how securities markets are regulated
"Instructor was extremely knowledgeable and enthusiastic."
"The course covered a broad array of topics."
Schedule Note
The session being offered on July 10, 2012 is a special one-day version of this course that is being offered as part of the Global Markets Sales & Trading Program. Please be advised that all content listed in the Detailed Outline below may not be covered in the single-day offering and the number of CPE credits awarded for this special session is 7.0.
Day 1:
Common Stock
  • How publicly-held companies evolve
  • Board of directors vs. corporate officers
  • Stockholders' rights/risk/rewards

Other Equity Securities

  • Rights and warrants
  • Preferred stock
  • Dividends
  • Trade date +3 settlement

Debt Securities

  • The nature of a bond
  • Municipal bonds

Stock Options

  • How options are created and traded
  • Pricing options
  • Straddles and spreads

Day 2:
The Securities Act of 1933
  • Full disclosure in all new security offerings
  • Going public

The Securities Exchange Act of 1934

  • How the financial industry is monitored

The New York Stock Exchange

  • How the NYSE operates

The Nasdaq Stock Market

  • Competing market makers
  • The language used to complete a trade
  • Operating as a broker (agency trading)
  • Nasdaq level I/II/III

Short Selling and Margin Trading

  • The risks and rewards of selling short
  • The mechanics of the short sale
  • Market value/debit balance/equity
  • Regulation T and maintenance requirements
  • Calculating SMA and buying power

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.