Trading Operation Controls

 
  • Price: US$ 60.00
  • Publisher: KESDEE
  • Number of modules: 4
  • Length: 4 hours
  • Language: English
  • Subscription: 12 months
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The Importance of Controls in the Trade Life Cycle

Learn about Trading Operations and the trade life cycle with this four-part online course. 

You will understand the logical sequence of events involved in trade life cycle, covering the roles played by the front, middle and back office.

 
 

Trading Operation Controls: 4 modules of one hour each.

 

1. Trade Life Cycle

  • Basic concepts in trade life cycle
  • Logical sequence of events in trade life cycle
  • Straight Through Process (STP)

2. Front Office Controls

  • Role and structure of the front office in a trading institution
  • Importance of front office in trading activities
  • Different ways to measure and manage market risk
  • Techniques used by trading institutions to summarize market risk
  • Market-risk limits used to control trading risks

3. Middle Office Controls

  • Techniques used to determine market prices for liquid and illiquid instruments
  • Valuation methodologies used to mark trade positions
  • Pricing models used to value and hedge financial securities
  • Characteristics of pricing model review process

4. Back Office Controls

  • Various functions performed by the back office
  • Processing of payments and delivery or receipt of securities, commodities, and written contracts

  • Role of back office in:

            - Confirmation of trading transaction

            - Settlement of transaction process

            - Foreign payments

            - Reconciliations

  • Netting and types of netting