Money Markets - Online

The money markets are wholesale financial markets in which sovereign states, banks and major corporations raise funds through certain types of loans, or by issuing debt securities. This product is designed to train learners on some of the most common money market instruments in-use at financial centers world-over. The lessons are structured to give the user a complete perspective on the instruments - from theory to application. The first three lessons lay down the foundation for the remaining lessons. The other six lessons deal with instrument specific minutiae.

This is an online self study course that can be globally accessed from any internet enabled computer.

Available TodayOnlineUSD$150
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 18

Investors, research analysts, portfolio managers, traders, and new entrants to the financial services industry.
Students will be able to:
  • Identify Fundamentals of money markets
  • Understand Terminology of instruments
  • Understand Arithmetic involved
  • Understand Issuance related aspects
  • Explain Specific technicalities, if any
Overview to Money Markets
  • Introduction to Money Markets
  • Components of Money Markets
  • Interest rates in the Money Markets
  • Users of money markets
  • The risks involved in money markets

Instruments of Money Markets

  • Coupon Bearing Instruments
  • Types of Coupon Bearing Instruments
  • Discount instruments
  • Types of Coupon Discount instruments

Arithmetic for Money Markets

  • Day count under all market conventions
  • Effective rates
  • Accrued interest
  • Interest and price for both Coupon Bearing and Discount instruments
  • Day count adjustments
  • Accruing and discounting in money markets

Money Market Deposits

  • The different types of money market deposits
  • Their terms and specifications
  • The mechanics involved
  • The clearing and settlement systems

Certificates of Deposit

  • Features of CDs
  • Their different types
  • The markets in CDs
  • The mechanics involved

Repurchase Agreements (Repos)

  • What are repos?
  • Types of repos
  • Different structures
  • Users & applications

Treasury Bills

  • What is a treasury bill?
  • Its features
  • Arithmetic involved
  • Valuation of treasury bill
  • Issuance of a treasury bill

Bills of Exchange

  • What are bills of exchange?
  • How they are issued
  • Features, types and uses of bills of exchange
  • The mechanics of bills of exchange
  • Secondary market in bills of exchange
  • Risks involved in bills of exchange

Commercial Paper

  • Commercial papers and their features
  • The arithmetic involved
  • How they are issued
  • Types of commercial paper
  • Risks involved in the commercial paper market

JOB AIDS

  • Disclosures
  • Mutual fund Prospectus
  • Measurement Tools

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