Equities and Equity Markets

A 2 day course

Day 1 - Equities

Session 1 Types of Equity

• Ordinary shares
• Preference shares
• Convertible and hybrid shares
• Equity warrants · ADR's etc.

Session 2 Benefits of Equities and their Importance in Modern Capital Markets

• Historical performance
• The 'pension time bomb'
• Benefits to investors, intermediaries and issuers

Session 3 Stock Exchanges and Equity Markets

• Participants
• Trading systems
• 'The urge to merge'
• New exchanges

Session 4 Major Markets and their Trading Systems

• NYSE
• NASDAQ/AMSE
• London/Frankfurt
• Tokyo

DAY 2

Session 1 Emerging Markets

• What is an emerging market?
• Features of an emerging market
• Features of emerging stock exchange
• Risks in emerging markets

Session 2 Structure of an Investment Bank

• Single and dual capacity
• Structure of the equity department and other departments and their roles
• How the bank interacts with its clients
• Adding value

Session 3 The importance of the 'Buy-Side'

• Who are the asset managers?
• How good are they?
• Active Vs passive equity investment and its effects on markets
• Structure of investment managers

Session 4 The Future for Equities and Equity Markets

• Globalisation
• Disintermediation - What it is
• The single market?
• The triumph of capital?
• Funded pensions Course

Review and Summary