What you'll learn:
- Understand the various methods by which trade orders can be initiated, including through electronic trading platforms, over the phone, or via email.
- Discuss and describe the process of trade delivery, including the roles of clearing houses and settlement banks, and the steps involved in transferring owner
- Implement risk management strategies to identify and mitigate potential risks throughout the trade lifecycle.
- Utilize the process of order routing, including the different types of order routing systems and the criteria used to select the most appropriate system for a g
- Utilize front office systems to accurately record and track the conversion of trade orders into completed trades.
- Execute order matching processes to facilitate the conversion of trade orders into completed trades.
- Illustrate the trade lifecycle through comprehensive illustrations and examples
- Appreciate the importance, process, and methods of trade reconciliation
- Verify the accuracy of trade affirmations and confirmations to ensure the proper completion of trades.
- Process trade affirmations and confirmations in a timely manner to maintain the efficiency of the back office.
The securities trade lifecycle involves all the business, operational and technological steps involved in a capital markets "trade" (buying or selling of a financial instrument), from the moment an "order" is received through the "execution" of the trade through its "settlement."
In this course, you will learn everything you need to know from the World's leading securities operations expert, Mike Simmons. Mike takes you behind the scenes to understand precisely how investment and banking operations work in settling securities. At the end of the course, you will have a solid understanding of the detailed steps involved in a trade from the back office operations point of view. Some of the many things covered in this course include discussion of:
Order initiation and delivery (Front office function)
Risk management and order routing (middle office function)
Order matching and conversion into trade (front office function)
Affirmation and confirmation (back office function)
Clearing and Settlement (back office function)
Who is Mike? He has managed large-scale security operations for some of the major money center banks and had had decades of experience in exactly how securities and risk management operations work in practice.
More about this course and Starweaver
This course is led by a seasoned financial industry practitioner and executive in operations executive with many years of hands-on, in-the-trenches capital markets work. Your instructor is the leading expert on this subject globally. He has conducted over 500 training courses in locations including the UK, US, Netherlands, Germany, Switzerland, UAE, Japan, India, Australia, Singapore, Hong Kong, and Russia. He is also the author of three well-regarded industry books:
Securities Operations: A Guide to Trade and Position Management
Corporate Actions: A Guide to Securities Event Management
Collateral Management: A Guide to Mitigating Counterparty Risk
As a long-standing veteran of large financial institutions, Mike has over 20 years of experience training and developing teams of people who worked for him inside those organizations, as well as many others in buy-side and sell-side firms, central securities depositories (CSDs) and custodians, central banks, management consultancies and software and systems providers
The course has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the World, providing training courses to many of the leading financial institutions and technology companies, including:
Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.
Starweaver has and continues to deliver 1000s of live in person and online education for organizational training programs for new hires and induction, as well as mid-career and senior level immersion and leadership courses.
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