Basics of Financial Markets. Investment Banking

You will learn about the functions of financial markets, who are main market participants as well as how financial markets are classified. In addition, we will also cover how exchanges and OTC markets work and the fundamental topics that need to be understood to get a global perspective over financial markets.

• Understand the functions of financial markets
• The differences between major market participants
• Ascertain the differences between types of markets
• Learn what primary and secondary markets mean
• Perceive how exchanges and OTC markets work
• Compare the importance of fundamental topics like: supply and demand, time value of money, securities IDs, rates, day count conventions, business days
• Describe how spot markets work

1. Definition of financial markets, Market participants (1 hour)

2. Functions of financial markets (2 hours):

• Money market
• Debt market
• Equity market
• Commodities market
• FX market

3. OTC vs Exchange market (2 hours)

• Simulation of preopening and regular sessions
• What an order is
• Difference between a primary and secondary market;

4. Fundamental topics of financial markets. Spot market (1 hour)

Total: theory 6h (100%)