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 online self study course that can be globally accessed 24/7 from any internet enabled computer. Course access is for 91 days. Certificates with earned credits will be awarded for successful completion.

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

ICB CREDITS
5.75
Professionals new to the securities industry.
Students will be able to:
  • Explain the Life Cycle of a Trade
  • Understand the sequence of trading events that pass through the Front Office
  • Understand the sequence of trading events that pass through the Middle Office
  • Understand the sequence of trading events that pass through the Back Office
Trade Life Cycle
This module gives an introduction to the life cycle of a trade. It helps the user understand:
  • Basic concepts in trade life cycle
  • Logical sequence of events in trade life cycle
  • Concept of Straight Through Process (STP)
Duration: 1 hour

Front Office Controls
This module discusses Front Office Controls. It helps the user understand:
  • 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
Duration: 1 hour

Middle Office Controls
This module discusses Middle Office Controls. It helps the user understand:
  • 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.
Duration: 1 hour

Back Office Controls
This module discusses Back Office Controls. It helps the user understand:
  • 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
  • Role of back office in Settlement of transaction process
  • Role of back office in Foreign payments
  • Role of back office in Reconciliations
  • Netting and types of netting
Duration: 1 hour

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