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

This one-day class tracks an equity trade from the time an investor makes a decision to buy or sell through execution, pre-settlement, settlement, asset servicing and regulatory governance. The class begins with a review of significant events in the equity marketplace followed by a review of the various equity products, the participants and their roles.

During this interactive class, participants will establish or update their understanding with a solid base of the processes, functions and activities associated with the Equity Trade Lifecycle. There will be an opportunity for a discussion of the evolving trends in equity markets, the drivers and rationale for change.  

• Significant Events in the Equity Marketplace 

• Equity Products 

  • Common 

  • Preferred 

  • American Depository Receipts 

  • Rights 

  • Warrants 

  • Units 

• Participants 

  • Buy-side 

  • Sell-side 

  • Industry Utilities 

  • Industry Service Organizations 

• Markets 

  • Exchanges 

  • Electronic 

  • Hybrid environments 
    
    

• Order Processing/Execution 

  • Order Receipt 

  • Routing 

  • Trade reporting systems 
    
    

• Middle Office 

  • Trade Entry

  • Trade Reporting

  • Inventory management

  • Confirmation/Affirmation
    
    

• Comparison 

  • Locked-in trades 

  • Real Time Trade Matching 

  • Other Matching Processes 
    
    

• Clearance 

  • Trade Guarantee 

  • Central Counterparty 

  • Novation 

  • Industry Utility 
    
    

• Settlement 

  • Exchange of Value  

  • Federal Reserve/Clearing Banks 

  • Depository Trust Company 
    
    

• Fail Control/Financing 

  • Fails 

  • Financing  

  • Securities Borrow/Loan 
    
    

• Inventory Control 

  • Depository Trust Company 

  • Federal Reserve/Clearing Banks 

  • Physical securities 
    
    

• Stock Record 

  • Books & Records 
    
    

• Income Collection & Distribution 

  • Dividends 
    
    

• Corporate Action Processing 

  • Types of event 

  • Event processes 
    
    

• Trends 

  • Trading – the future 

  • Buy-side participation in the Comparison & Clearance processes