Back Office: The Cashier's Department - Online

Brokerage operations covers all phases of securities processing within a brokerage firm. This course illustrates how orders move from the order room to purchase and sales and finally to the Cashier's Department and how the Margin Department monitors accounts. The course concludes with a look at current trends in the industry. Brokerage operations was designed for beginners, but supervisors and other experienced personnel can use it to gain a better understanding of the field.

This course replicates the content from module 5 of Brokerage Operations - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.

Available TodayOnlineUSD$60.00
Instructional Method:
Self-Study
Level: Basic

CPE CREDITS
1
Professionals new to the securities industry.
Students will be able to:
  • Recognize how delivery of securities is conducted.
  • Identify how settlement is performed using trade-for-trade and netted balance systems.
  • Recognize how firms meet funding requirements through bank loans, stock lending, and repurchase agreements.
Back Office: The Cashier's Department
  • Settlement
  • Trade for Trade
  • Netted Balance Systems
  • Funding requirements