Instructor: Jeremiah Associates LLC
Hours: 9:00 am - 4:30 pm; Registration/Breakfast begins at 8:30 am

This two-day class examines global markets and processing practices found in pre-emerging, emerging and mature markets. Beginning with a brief review of significant events, across global markets, establishing a history of change and technology we advance to products, markets, trade lifecycle and asset servicing activities.

There will be facilitated discussion scheduled during both days to explore the challenges and trends facing the industry. At the conclusion of this class participants will have a solid foundation of market practices as well as a keen awareness of emerging trends impacting investors, sell-side and market infrastructure organizations. 

v Significant Events 

v Products; Characteristics & Features

             --Fixed Income

             --Equity

             --Derivatives 

v Participants

            --Investors

            --Sell-side

            --Industry Service Organizations 

v Markets

            --Regulated Exchanges

            --ATS/ECN

            --Fixed Income markets 

v Order Processing/Execution

            --Order Receipt

            --Validation

            --Routing 

v Middle Office

            --Firm inventory

             --Allocation

             --Trade Entry

            --Confirmation/Affirmation 

v Preparation for Settlement

            --Trade Matching

            --Trade Guarantee

             --Central Counterparty

             --Novation

             --Settlement Instructions
v Settlement

            --Environments

            --Exchange of Value

            --Central Securities Depositories           

v Custody

            --Providers

            --Custodial network

            --Services: Basic & Custom           

v Foreign Exchange

            --Motivations

            --Trade through Settlement

            --Market Centers 

v Risks

            --Types

            --Impact

            --Mitigation Alternatives 

v Trends

            --Cross border competition

            --Global Regulations

            --The Ideal Settlement Schedule: TD + ?

            --Central Counterparty

            --Central versus Global Securities Depositories