International Capital Markets

This thorough and interactive course offers delegates a detailed grounding in the full range of capital market instruments. Attendees leave the class with a clear understanding of key drivers, players and features in the markets today, enhancing the opportunity for success in this increasingly complex area.

And, if you register for this session in April, you'll receive a free subscription to The Financial Times online, worth $299!  Simply register for the course, and pick up your access information when arrive at the New York Institute of Finance on class day.

"Materials, explanation and the practical examples"

"Integration of articles and current evals. Very interactive with class."

"The materials were detailed and informative."


Target Audience

Risk Managers, Corporate Treasurers, Fund Managers, Compliance Staff, Corporate Market trainees, Private Bankers, Investment advisers, Portfolio Managers, Accountants, Regulators

Learning Objectives

Students will be able to:

  • List the four core financial markets and the three classes of derivatives
  • Distinguish the global trends in volume for each of the plain vanilla financial products and show the macroeconomic reasons for those trends
  • Describe how bonds, equity, foreign exchange and money market products are traded
  • Structure and price a plain vanilla bond for the current market place
  • Read bond and equity listings and decide whether the deals worked well for the parties involved
  • Choose the best derivative to hedge against risk in real-life financial situations
  • Calculate the profit or loss on futures trades
  • Construct a swap and calculate the benefit of the swap to each counterpart
  • Invest the money held by a pension fund both geographically and by asset class
  • Describe the role of equity from both the issuer's and investor's perspectives
  • Distinguish among the different types of stock markets
  • Describe the main methods used in equity valuation
  • Explain the major steps in the IPO process
  • Identify the key participants in the IPO process

Course Syllabus

 

Day One

 

Key Markets and Players

  • Four Core Markets: debt, equity, money markets and foreign exchange
  • The Wholesale and Retail Players
  • League Tables
  • Inside an Investment Bank

Money Markets

  • Interbank Loans and Deposits
  • CDs
  • CP
  • Repos
  • Treasury Bills
  • Bas

Foreign Exchange (FX)

  • Facts and Figures on FX Volumes
  • Market Evolution
  • Story of an FX deal
  • Spot FX
  • Forwards
  • FX Swaps

Day Two

 

Time Value of Money (TVM)

Plain Vanilla Mechanics

Bond Classifications

  • Straights
  • FRNs
  • Convertibles
  • Asset Backed Securities (Structured Finance)
  • MTNs (Structured Finance)
  • Exotics

Pricing Credit Risk

Bringing a Bond to Market

  • Origination
  • Beauty Parades
  • Deal Structure
  • Book Building
  • Syndication
  • Pricing
  • Roadshow
  • Close & Settlement
  • Secondary Market

Day Three

 

The Role of Equity

  • Techniques to Value Stocks
  • Equity Markets and Trading
 

Day Four

 

Futures

  • Options
  • Swaps
  • Credit Derivatives
 

Day Five

 

Overview of U.S. Federal Securities Laws

  • Roles of IPO Participants
  • Timing and Major Steps in IPO Process

Case Studies

  • Google
  • Baidu.com
 

SESSIONS AVAILABLE


New York - Soho

 Mon 21 Apr 2014-Fri 25 Apr 2014
     9:00 - 4:30

 Mon 13 Oct 2014-Fri 17 Oct 2014
     9:00 - 4:30


COURSE INFORMATION

Professional Credits:
CPE Credits 36
Price
$4,875 USD
Duration 5 Days
Advance Preparation
No advance preparation required.
Prerequisites
A financial calculator is required. Texas Instruments BA II Plus recommended.
Instructional Method
Classroom
Level
Basic