Course Code: 600

Duration: 2 days

Level: Basic

Fee: $1395

Instructor: George Bollenbacher

CPE Credits: 14

Prerequisite: No Prerequisite Required.

This two-day seminar will give you an understanding of how fixed income securities are traded and settled worldwide. The seminar will cover the market structures, participants, securities, processes, and risks. Participants will learn how market participants interact with each other, the trading and processing requirements of each security type, and will follow fixed income trades from their inception to their completion. This seminar will be valuable to systems, operations, administrative and trade support staff.

Overview
* Market Structures
* Market Participants
* Securities
* Processes
* Risks

Market Structures
* Trading
* Clearance
* Settlement

Market Participants
* Dealers
* Asset Managers
* Custodians and Agents
* Repositories
* Regulators

Securities
* US Treasuries and Agencies
* Corporates
* MBS and ABS
* Municipals
* Sovereigns
* Financings

Processes
* The Whole Trade Process
* Trade Execution
* Trade Confirmation, Allocation and Clearance
* Trade Settlement
* Reconciliation

Risks
* Market Risk
* Credit Risk
* Processing/Error Risk
* Disaster Risk

After completing this seminar, participants should be able to:

• Understand Fixed Income Market Structures
• Understand Fixed Income Market Participants
• Understand Fixed Income Securities
• Understand Fixed Income Processes
• Understand Fixed Income Derivative Instruments
• Understand Fixed Income Market Risks