Fixed Income Trade Lifecycle
April 25, 2012
Registration Fee: US$895.00 Register Location Instructor
Many classes sell out; we suggest registering at least one week in advance to ensure your seat.
Beginner/Intermediate Level, 7 CPE Credits
Instructor: Jerry O'Connell
Hours: 9:00 am - 5:00 pm; Registration/Breakfast begins at 8:30 am
Location: New York City, Bayard's, One Hanover Square
This one day class tracks a fixed income trade from the point that an investor sends an order to their broker through execution, pre-settlement, settlement, asset servicing and regulatory compliance. The class opens with a review of significant events in the fixed income marketplace. This is followed by an overview of fixed income products and the participants in the fixed income arena.
At the end of this interactive class, participants will have a keen understanding of the processes, functions and activities in the Fixed Income Trade Lifecycle. During various points throughout the day there will be a discussion of some of the evolving trends in fixed income markets and trade processing activities led by the instructor.
Course Outline
Significant Events in the US Fixed income Market
Fixed income Products
--US Government
--Municipal
--Corporate
Participants
--Buy-side
--Sell-side
--Industry Utilities
--Industry Service Organizations
Markets
--Marketplaces
--Electronic
--Telephone
--Inter-dealer Brokers
Order Processing/Execution
--Order Receipt
--Routing
Middle Office
--Trade Entry
--Trade Reporting
--Inventory management
--Confirmation/Affirmation
Comparison
--Real Time Trade Matching
--Industry Utility
--Process
Clearance
--Trade Guarantee
--Central Counterparty
--Novation
--Industry Utility
Settlement
--Environments
--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
--Interest
--Principal repayments
Corporate Action Processing
--Type of event
--Event processes
Trends
--Fixed Income Trading – on an exchange?
--The impact of credit rating agencies optimism