A five-day programme for market professionals in the middle to senior levels working in the securities markets that provides a unique platform for learning various aspects of policy and practice. The programme is primarily meant for international audience and consists of a right mix of class room lectures/presentations, practical /simulation exercises/demonstrations, interface with leading professionals and practitioners and visits to major financial institutions in Mumbai.
PROGRAMME CONTENTS
1. Stock Exchange Products: 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, BookBuilding Process.
3. Indices: Indexing Concept, Global and Indian Indexing Scenario, Active v/s Passive Debate, Index-Based Products.
4. Stock Market Functioning: Brokers, Sub-Brokers & Remisiers, Trade Transaction Flow, Listing Procedure, Categories of Scrips: 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 and 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 Owners, Role of Depositories, Dematerialisation Procedure, Benefits.
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 Futures & Options , 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, Rights, Dividends, Buy Backs etc., Regulations to be followed by the Corporates, Impact on the Shareholders.
13. FII Investments: Rules, Regulations and Bylaws on Investment in Primary Markets and Secondary Markets.
14. Investing with Masters: Life & Times of Worlds Legendary Investors.
TIMING
09.30 am to 05.30 pm
VENUE
Bombay Stock Exchange Ltd.,
19th Floor, BSE Training Institute,
Mumbai – 400001
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: 26 October 2009
KEY CONTACTS
Vispi Rusi Bhathena
Piyush Shelat
Roy Aranha
E-mail: training@bseindia.com
Phone: 0091 22 - 2272 8175/ 8197/ 8303
Fax: 0091 22 - 2272 3250
