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Course List
Introduction to the Securities Industry
 
Introduction to the Securities Industry
Introduction to U.S. Securities Processing
Securities Lending and Borrowing : An Operations Perspective
Foundations of Investment Management and Buyside Operations
Dealing with Change in the Financial Markets
Collateral Management: An Operations Perspective
International Issues
 
International Securities Operations
International Portfolio Accounting
Foreign Currency: Markets, Clearance, Settlement & Accounting
Foreign Exchange: Lifecycle of a Trade
Corporate Actions
 
U.S. Domestic Corporate Actions
Global Corporate Actions
Capital Markets
 
Capital Markets Overview
Capital Market Economics - Investigating the Linkages Between the Real Economy and the Financial Markets
Portfolio Management
 
Portfolio Management
Securities Analysis
Managing Risk
 
Risk in a Global Market - Management and Operational Challenges Looking Forward
Financial Management
 
Financial Accounting and Financial Mathematics
Financial Statement Analysis
Fixed Income Securities
 
Bond Math: Mathematics of the Fixed Income Market
Structured Securities: MBS, ABS, CDOs
Introduction to Fixed Income Products
Accounting for Fixed Income Securities and Derivatives
Mortgage-Backed Securities
Collateralized Debt Obligations and Credit Default Swaps (CDOs and CDS)
Fixed Income Analytics
Interest Rate Swaps and Credit Default Swaps
Fixed Income Securities Trade Processing and Operations
Accounting, Regulatory & Management
 
Stock Brokerage Accounting & Securities Regulations
Introduction to Private Equity Markets
Trading After the Volcker Rule
Dodd-Frank for Non-US Derivatives Users
Complying with the MiFID II/MAR Rules
Derivatives
 
Introduction to Derivative Products
Derivatives: Markets, Operations, Accounting & Control
Derivative Products: Risk Management and Valuation
Option Valuation and Trading
Equity Derivatives: Futures and Swaps
Interest Rate Futures and Swaps
Introduction to Options: Products, Trading & Processing
Swaps Processing and Operations
Commodity Futures: Energy, Metals and Agricultural
Equity Options: Strategies, Accounting and Operations
Mutual Funds
 
Introduction to Mutual Funds
Mutual Fund Operations

Course Description
Global Corporate Actions
Available Dates:
There are no dates available.
Course Code: 406
Duration: 1 day
Level: Intermediate/Advanced
Fee: $795.00
CPE Credits: 6
Prerequisite: Participants should have a solid understanding of equity and fixed income products and the types of Global Corporate Actions.

This one-day seminar presents to the participants an advanced view into Global Corporate Actions. This course will compare and contrast the US Market versus specific Global Markets. We will review the suite of corporate action processes, and compare and contrast many Global Markets. The role and impact of Global Sub-Custodians in risk management, notifications and response control will also be discussed.

The participants will be provided with detailed information on the types of corporate actions put forth in Global markets, and they will gain an understanding on how to determine and calculate entitlements, and we will conclude with an in-depth review of major and emerging market practices.

There will be review of the fundamentals, and deep dives into daily operations, Event Classifications, Risk Assessments and Risk Controls, and Event Processing.

After attending this seminar, participants will come away with a firm understanding of all aspects of Global Corporate Actions.

Topics for Discussion Include:

Introduction: An Overview and Definitions and Terms and Entitlements

  • Basics of Ex, Record & Effective Date Reviews
  • Event Announcement Chains
  • Identify and Discuss all Corporate Action Types
  • The Role of Sub-Custodians
  • Balancing and Calculation of Entitlements
  • Discussion of Expiration Date Processing and Reviews
  • Types of Corporate Actions:
    • Income-related
    • Mandatory
    • Voluntary
  • The Life Cycle of a Rights Issue: A Detailed Review of this Event Type
  • DRIPS and Stock Optional Entitlements
  • Ex Date, Effective Date and Expiration Date Driven Events
  • Review of Trade and Settlement Date Cycles
  • Convertibles and Warrant Exercises
  • Equity and Fixed Income Product Reviews
  • Electronic and Manual Information Source Suppliers
  • The Role of Exchanges in Entitlements and Information Dissemination
  • The Role of Global Depositories in Entitlement and Position Settlements
  • Global Security Identifiers and Their Impacts
  • SWIFT Review Discussion of Message Types
  • Market Analysis