Equity Markets

The single-best resource for understanding and participating in Global Equity Markets

The themes of this product are:

Structure of equity markets and how they function
Practical demonstration of established equity valuation models
Key features of equity derivatives including examples and calculations
Application of portfolio management techniques in equity portfolios
Design and structuring of equity structured instruments

Highlights
Library of 7 Courses
Available Products
Upcoming Products

Highlights

Overview
This solution deals with equity valuation, global equity markets and equity derivatives of every kind (Stock Index Futures, Equity Options, Equity Structured Products, Principal-protected equity-Indexed Products, Warrants and Convertibles). Practical examples and applications are illustrated from financing, investing, emerging and position-taking activities. The Job Aids include several calculators and simulations.

After completing this course you will be able to:

Understand the dynamics of global equity markets
Apply various models to value equity
Use equity derivatives for hedging as well as trading purposes
Enhance returns and measure performance using portfolio management techniques
Design and structure equity-structured products

Target Audience
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

Supervisory Agencies

Central Banks

Financial Institutions

Commercial Banks

Investment Banks

Housing Societies/Thrifts

Mutual Funds

Brokerage Houses

Stock Exchanges

Derivatives Exchanges

Insurance Companies

Multinational Corporations

Accountancy Firms

Consultancy Firms

Law Firms

Rating Agencies

Multi-lateral Financial Institutions

Others

Course Level and Number of Courses
Intermediate Level. Library of 10 Courses

Instructional Method
Dynamic, Interactive e-learning

Recommended Background
Familiarity with basic financial concepts

To purchase this course online, visit: Link
http://www.kesdee.com/coursedetails.jsp?productid=71&groupID=3

For purchase, contact us at

Library of 10 Courses

Equity Markets
Time taken to complete each Course: One - Three hours

1. Global Equity Markets

Functions and features of equity markets
Equity market participants
Trading and settlement procedures
Order types
Market for depositary receipts

2. Equity Valuation Models- I

Dividend Discount Model (DDM)
Single Period Valuation
Multiple Period Valuation
Ratio Approach to Equity Valuation

3. Equity Valuation Models- II

Capital Asset Pricing Model (CAPM) and its Assumptions
Capital Market Line (CML)
Security Market Line (SML)
Arbitrage Pricing Theory (APT) and its Assumptions

4. Stock Index Futures

Stock Index Futures and its Uses
Types of Stock Index Futures
Stock Index Futures Prices
Cost of Carry Model
Fair Value for Stock Index Futures
Index Arbitrage
Cash-and-Carry Trade and its Types
Hedging with Stock Index Futures

5. Equity Swaps

Mechanics of equity swaps and cash flows involved
Single Currency Equity Swaps
Cross-Currency Equity Swaps

6. Equity Options

Basics of equity options
Famous options strategies
Options pricing using Black-Scholes model

7. Convertibles

Fundamentals of Convertible Bond
Characteristics of Convertible Bond
Valuation of Convertible Bond
Terminologies used in Convertible Bond

8. Warrants

Warrants
Types of Warrants
Advantages and Disadvantages of Warrants
Warrant Pricing Model (Theoretical Value)
Warrant Pricing Model (Market Value)

9. Portfolio Management

Investment objectives and scenarios
Risk/return profiles
Efficient Frontier
Portfolio optimization techniques
Measuring and evaluating portfolio performance

10. Equity Structured Products

Concept of Structured Products
Equity-linked Notes
Structure
Trading Characteristics

JOB AIDS

Measurement Tools
Disclosures

Calculators in Equity Markets

1. Equity Valuation – Dividend Discount Models
2. Equity Valuation - Ratio Approach
3. Capital Asset Pricing Model
4. Stock Index Futures – Fair Value
5. Equity Swaps
6. Black-Scholes Option Pricing Model
7. Black-Scholes-Merton Option Pricing Model
8. Option Strategies
9. Treynor’s Measure
10. Jensen’s Measure
11. Sharpe’s Measure
12. Warrants Calculator
13. Convertible Bonds Calculator

Available Products

Upcoming Products

For more information about our e-learning products and services
visit us at www.kesdee.com