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.

19-Jun-2008 -- 20-Jun-2008New YorkUSD$2375
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ William Jannace; ] Thu Fri Level: Basic
CPE Credits: 14

16-Oct-2008 -- 17-Oct-2008New YorkUSD$2375
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ William Jannace; ] Thu Fri Level: Basic
CPE Credits: 14

11-Dec-2008 -- 12-Dec-2008New YorkUSD$2375
NY Institute of Finance - Downtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ William Jannace; ] Thu Fri Level: Basic
CPE Credits: 14

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."
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 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

Lunch included for all students taking day classes.