Securities Operations BootCamp
Sep 22 - 24, 2014, Boston Nov 17 - 19, 2014, Chicago
Oct 27 - 29, 2014, New York City
Registration Fee: US$2,495.00 Register
Beginner Level, 21 CPE Credits
Instructor: Stan Monsowitz
Hours: 9:00 am - 5:00 pm; Registration/Breakfast begins at 8:30 am
Location: Club Quarters Hotel, 52 William Street (off Wall Street), NYC Directions
This intensive seminar presents the participants and processes that constitute the "back office" of securities firms, (sell-side) and the investment community (buy-side) as well as custodians and industry utilities. We will review the major investment products and their appeal to investors. Participants will learn about the current and evolving processes, how each department supports trading and settlement. We will examine global markets and illustrate the differences and the “whys” as compared to the domestic market. The seminar is interactive and provides ample opportunity to ask questions and apply the concepts presented to real-life situations.
PARTICIPANTS & THEIR ROLES
--Investors
-Retail
-Institutional
--Securities Firms
-Broker
-Dealers
-Intermediaries
--Banks
-Custodians
-Trustee
--Industry Utilities
--Industry Service Organizations
--Regulators
INVESTMENT ASSETS / PRODUCTS & CHARACTERISTICS
--Bonds ( AKA Fixed Income)
--Equities
--Funds / Trusts
--Derivatives
--Commodities
--Currencies
MARKETS, ORDERS + EXECUTIONS = TRADES
--Investment decision process
--Order flow from Investor to Broker / Dealer
--Order / Execution Management
--Client trade reporting
--Regulatory trade reporting
PREPARATION TO SETTLEMENT
--Confirmation / Affirmation
--Street-side Trade comparison
--Central Counter-party
--Trade Guarantee
--Netting
--Settlement
SETTLEMENT
--CSD, FRB and physical environments
--Customer-side process
--Street-side process
--Fail control
--Financing
ASSET SERVICING
--Margin
--Stock Record / SMAC
--Income Collection
--Corporate Actions
--Regulatory reporting
GLOBAL SECURITIES SERVICES
--Types of markets: Pre-emerging, Emerging and Mature
--Common Market Structures
--Common practices for Comparison, Clearance and Settlement
--Global Income Collection and Corporate Action processes
--Tax Withholding and reclamation
--Custody services and leading providers
--Foreign Exchange (FX) trading and settlement
--Risks associated with global markets
INDUSTRY TRENDS
--The Role of Information Technology and Data Management
--Industry standards, STP (Straight Through Processing)
--Industry Organizations Supporting Securities Operations
--Regulation
--Best Practices
--Continuous Improvement and Innovation
--Reference sources