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.

11-Jun-2012 -- 15-Jun-2012New YorkUSD$4875
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Various Instructors; ] Mon Tue Wed Thu Fri Level: Basic

CPE CREDITS
36.0
Risk Managers, Corporate Treasurers, Fund Managers, Compliance Staff, Corporate Market trainees, Private Bankers, Investment advisers, Portfolio Managers, Accountants, Regulators
No advance preparation is required.
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
A financial calculator is required. Texas Instruments BA II Plus recommended.
"Materials, explanation and the practical examples"
"Integration of articles and current evals. Very interactive with class."
"The materials were detailed and informative."
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 - Bond Markets
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 - Equity Markets
The Role of Equity

    Techniques to Value Stocks

      Equity Markets and Trading

Day Four - Derivatives
Futures

    Options

      Swaps

        Credit Derivatives

Day Five - IPOs
Overview of U.S. Federal Securities Laws

    Roles of IPO Participants

      Timing and Major Steps in IPO Process

        Case Studies

        • Google
        • Baidu.com

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.