A five day programme for market professionals in the mid to senior levels working in the securities markets that provides a unique experience of learning various aspects of the policy and practice. The programme is primarily meant for international audience and thus consists of a right mix of class room lectures/presentations, practical /simulation exercises/demonstrations, interface with leading professionals and practitioner and visits to major financial institutions in Mumbai.
PROGRAMME CONTENTS
1. Products on Stock Exchanges: Equity / Stock Markets, Basket Trading, Derivatives, Debt Markets- Retail and Wholesale, Interest Rate Futures, Exchange Traded Funds, Mutual Funds (Close Ended).
2. Primary Markets: Contents of Prospectus-Red Herring, IPO Process, Fixed Price Method, Book Building Process.
3. Indices: Indexing Concept, Global and Indian Indexing Scenario, Active v/s Passive Debate, Index Based Products.
4. Stock Markets Functioning: Concept of Brokers, Sub-Brokers & Remisiers, Trade Transaction Flow, Listing Procedure, Categories of Scripts: Large, Medium & Small.
5. Trading Mechanism: Membership Requirement, Trading Clearing & Settlement Procedure- Rolling Settlement, Pay-in, Pay-out Schedule Contract Note Specifications, Auction Mechanism, Demo of the Trading Screen, Emerging Issues: Margin Trading & Borrowing and Lending of Securities.
6. Risk Management System: Capital Adequacy Requirements, Intra day Trading limits, Gross Exposure Limit, Margining Procedure.
7. Dematerialisation of Shares and Depositories: Introduction to the Concept, Beneficial & Registered Owner, Role of Depositories, Dematerialisation Procedure, Advantages.
8. Surveillance: Objective of Surveillance, Procedures involved in Position Monitoring of Brokers, Price Monitoring & Investigations Procedures, Scrip Wise Circuit Filters, Market Wide Circuit Breakers, Money Laundering
9. Derivatives Markets: Introduction to Options and Futures, Explanation of Market Terminologies, Pay-off Structure, Basic Trading Strategies, Weekly Options.
10. Trading Mechanism in Derivatives Markets: Membership Requirements, Trading, Clearing and Settlement Procedure, Risk Management, Margining Mechanism Demonstration of the Trading Screen, Accounting and Taxation.
11. Debt Markets: Debt Products traded in Stock Exchanges, Wholesale Debt Markets, Retail Debt Markets, Trading Mechanism in Debt Markets (Wholesale/Retail Debt Markets) Membership Requirements, Trading Mechanism, Risk Management.
12. Commodity Market & Trading Corporate Actions: Bonus, Right, Dividend, Buy Back etc., Regulations to be followed by the Corporates, Impact on the Shareholders.
13. FII Investments: Rules, Regulations and Bylaws on: Investment in Primary Markets, Investment in Secondary Markets.
14. Investing with Masters: Life & Times of Worlds Legendary Investors.
DATE
20 - 24 October, 2008
TIMING
10.00 am to 6.00 pm
VENUE
Bombay Stock Exchange Ltd., BSE Training Institute, Mumbai, India
COURSE FEES
US$ 2800
(Includes accommodation on single room occupancy in a reputed hotel, airport pick up & drop facility, local Transport, study material, tuition fees, refreshments & lunch, study visits and site seeing)
Discounts: 10% for two registrations and more.
Registration: Use enclosed format with payment details.
Last Date for Registration: 24 September 2008
KEY CONTACTS
Vispi Rusi Bhathena
Piyush Shelat
Roy Aranha
