THOUGHT FOR THE SESSION A good idea is an enemy of the best. - - PDF document
NQF 5 - Financial Markets and Instruments THE ACADEMY OF FINANCIAL MARKETS WELCOME TO THE SESSION! THOUGHT FOR THE SESSION A good idea is an enemy of the best. Investments The Financial Markets Classification and instruments
Structure of an exchange Divisions of the JSE Purpose of an exchange Listing a company’s shares Trading in listed equity
Behavior of the market
Exercise 1
Media information on shares
The Capital (Bond) Markets
Purpose of the markets Role-players and their bonds Fixed rate bonds
Cash flows Value Example 2
Other types of bonds
Example 3
Defined Retail vs. Wholesale market Trading in the market Institutions in the market Instruments in the market:
Interest rate vs. discount instruments Example 4
Economic cycles Investment in different asset classes in
Steps followed in a trade The different sections (desks or offices)
Example 5 Example 6
Trade life cycles:
Trade procedures of an exchange traded
Settlement times and procedures for
Example 7
Financial Services:
Defined Role-players
Banks and their services Foreign exchange services Investment services Intermediary and advisory services Stock brokers Exchanges Example 8