Financial Markets

Financial Markets: Part 2

Course Overview:

Financial markets represent the lifeblood of our global economy. These mechanisms promote greater economic efficiency by transferring funds from individuals, businesses and governments with an excess of available funds to those with a shortage. Funds are transferred in the financial markets through the purchase and sale of financial instruments (such as stocks and bonds). Short-term financial instruments are available in money markets, while longer-term financial instruments are purchased and sold in the world’s capital markets. Many financial markets have been in existence for hundreds of years; however the modern era has brought along many new innovations such as securitization and the derivatives market.

The program, Financial Markets, Parts 1 and 2, provides an introductory overview of the world’s largest financial markets, including the money, bond, stock, mortgage, foreign currency and derivatives markets. The two-part program reviews the various types of financial risk that impact these markets, as well as the economic variables that influence market activity (such as interest rates and monetary policy). Part 2 discusses capital markets, foreign exchange markets, and derivative markets.



Learning Objectives:

Upon completion of this course, participants should be able to:

  • Identify the unique characteristics of financial markets.
  • Recognize the types of financial instruments traded in financial markets.
  • Recognize how economic variables (such as interest rates and monetary policy) and financial risks impact financial market activity.
  • Calculate the taxable equivalent yield of a municipal bond.
  • Recognize the differences between common and preferred stock.
  • Locate specific information included in standard bond and stock price quotations.
  • Identify the primary characteristics the mortgage market and recognize the various types of mortgage loans.
  • Recognize the roles that financial institutions play in the mortgage-lending process.
  • Identify the criteria used by mortgage lenders in the underwriting process.
  • Identify the unique attributes of mortgage-backed securities.
  • Identify the primary characteristics of the foreign exchange markets.
  • Translate direct and indirect foreign exchange quotes.
  • Recognize the economic factors that influence foreign exchange rates.
  • Identify the differences between foreign exchange spot and forward contracts.
  • Recognize how arbitrage profits are earned in foreign exchange markets.
  • Identify the various types of risk that impact financial markets.
  • Recognize the types of instruments traded in derivatives markets.
  • Identify the unique characteristics of forwards, futures, swaps and options.

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    Prerequisites/Advanced Preparation:

    None.

    Speaker / Author:

    Michael J. Walker
    Mich'l J. Walker, CPA
    Mich'l J. Walker is a New England-based Certified Public Accountant with over fourteen years of accounting experience in the financial services, information technology services and construction industries. He is currently a Vice President at one of the largest financial institutions in the world. He has an extensive technical accounting background that includes hands-on experience with U.S. GAAP, Canadian GAAP and International Financial Reporting Standards (IFRS). His expertise includes the accounting for derivatives, fixed income investments & securitizations. He graduated from Bentley University with a B.S. in Finance (1995) and a M.S. in Accountancy (2000).

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 9 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Windows or Mac OS

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    Price (USD)

    Standard Rate: $99.80

    Details

    Course Code : 99WAL07

    Release Date : 03/10/2015
    Expire Date : 07/01/2020
    Credits :
    CPE 4.00
    QAS 4.00

    Length : 3hr 20min
    Course Level : Overview
    Course Type : New Standards
    Passing Grade : 70%
    Format Type : eLearning
    Mobile Compatible
    Field Of Study : Finance

    Theme : Financial Markets

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