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Equities
A detailed introduction to equity securities, this course covers the types, characteristics, and risks of common stock, preferred stock, and other equity-related instruments such as rights, warrants, and convertible bonds. Each type of security is presented from the perspective of both investors and issuers. The course also covers equity indexes, index options, and index mutual funds. A core NYIF curriculum.
This curriculum is made up of the following modules:
Program Details (NASBA) View
Program Level
Basic
Prerequisites
This course has no prerequisites.
Advance Preparation
No advance preparation required.
Recent Revision Date
May 4, 2015
Instructional Delivery Method
QAS Self Study
Field of Study
Specialized Knowledge and Applications
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Duration : 2 hours
Why people own stocks
Business risks associated with common stock
Types and characteristics of common stocks
Reading stock listings
Duration : 1 hour
Identify how returns are generated on preferred stocks
Recognize some of the risks associated with preferred stocks
Distinguish between the various types of preferred stock
Identify how returns are generated on preferred stocks
Duration : 2 hours
Subscription rights
Warrants
Convertible bonds
ADRs and EDRs
Duration : 2 hours
Stock indexes
Stock index mutual funds
Index options
Recognize some of the risks associated with common stocks Identify the different categories of common stocks Explain a stockholder's claim on corporate assets Read and comprehend stock quotations in the financial press Identify how returns are generated on preferred stocks Recognize some of the risks associated with preferred stocks Distinguish between the various types of preferred stock Identify how returns are generated on preferred stocks Identify the characteristics of rights and warrants Perform basic valuations of rights and warrants Recognize the characteristics of an ADR or EDR Identify the characteristics of convertible bonds Perform basic valuations of convertible bonds Identify the purposes and uses of the various stock indexes Discuss options using the vocabulary associated with it Identify the basic characteristics of options on equities Explain the basic characteristics of index mutual funds Read and comprehend stock option listings
Market makers, position traders, day traders, analysts, sales/trading professionals.