Trading Operation Controls - Online

This course is designed to help users understand the logical sequence of events involved in trade life cycle. An in-depth discussion of role and structure of front, middle and back office.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.

Available TodayOnlineUSD$100
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 4

Professionals new to the securities industry.
Students will be able to:
  • Understand the sequence of trading events that pass through
  • Front office
  • Middle office
  • Back office
Trade Life Cycle
  • Basic concepts in trade life cycle
  • Logical sequence of events in trade life cycle
  • Concept of Straight Through Process (STP)

Front Office Controls

  • The role and structure of the front office in a trading institution
  • The importance of front office in the financial institution's trading activities
  • The different methodologies of measuring and managing market risk
  • The techniques used by trading institution to summarize market risk
  • The market-risk limits that are used to control the risks that arise in trading activity

Middle Office Controls

  • The techniques used for determining market prices for liquid instruments and illiquid instruments.
  • The valuation methodologies that are used in the middle office for marking trade positions.
  • The pricing models which are used to value and hedge financial securities.
  • The characteristics of the pricing model review process.

Back Office Controls

  • Various functions performed by the back office
  • Processing of payments and delivery or receipt of securities, commodities, and written contracts by back office staff
  • Role of back office in:
  • Confirmation of trading transaction
  • Settlement of transaction process
  • Foreign payments
  • Reconciliations
  • Netting and types of netting

                        Powered by KESDEE