| Start Date |
May 12, 2010 |
| Schedule |
|
Print >> |
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| Category |
Securities |
| Description |
Securities clearing and settlement is an area that is changing constantly. It is essential for financial service providers to keep up with changes in this area, since an error or a failure in settlement can have significant consequences. This course provides participants with a solid understanding of what happens to securities "after the trade is made�. |
| Content |
- Attributes of securities according to the ISO standard 10962
- Life cycle of a securities transaction
- What clearing and settlement are and how they function
- Differences between clearing and settlement
- Approaches to clearing and settlement
- How instrument characteristics impact clearing and settlement
- Settlement criteria
- Characteristics of central securities depositories (CSDs), both domestic and international
- Central counterparties and how they are used
- Differences in market practice in diverse markets
- Straight-through processing and initiatives to standardise information flows in the market
- Principal risk and regulatory issues affecting clearing and settlement
|
| Audience |
up to 12 participant(s) |
| Places available ? |
Yes |
| Duration |
1
day(s) |
