COURSE OBJECTIVES: The City of London continues to maintain its position as a focal point for the world’s financial markets and is home to the UK’s Financial Services industry. We will attempt to de-mystify the jargon, discuss financial services providers, banks and the key financial markets and how they work.
The markets continue to evolve, and new initiatives are looked at. The future of the City should be of concern and interest to all.
COURSE CONTENT
The City of London - How the City developed - from goldsmiths to modern investment banks
- Geography of the ''Square Mile''
- Finance market essentials - credit creation
- Why regulation is critical- the role of the FSA, BIS
- Global financial centres - NY, Chicago, Tokyo, HK, Singapore
- Time zones and the daily trade cycle
Key Areas of the Financial Markets - The major markets and how they link together
- Money markets
- Bonds/fixed income
- Equity
- Foreign exchange
- Derivatives
The Financial Services Sector - Buy and sell side institutions
- Banks, brokers, prime brokerage
- Hedge funds, portfolio/asset managers
- Insurance - Lloyds, Swiss Re
- Information vendors - Bloomberg, Reuters
- The London Stock Exchange
- Electronic exchanges- ICE, LME, Eurex, Euronext Liffe
Banking Focus
- The Bank of England
- The banking sector - retail vs investment banks
- How banks make money
- Structure of a major bank - front office, middle office, operations
Market Initiatives
- Straight through processing (STP)
- E-commerce
- Move towards electronic trading, order driven/quote driven
- Demise of ''open outcry''
- What the future holds
WHO SHOULD ATTEND
This entry level programme is designed for both new entrants into finance and those who new to the City and financial markets. The course is designed especially for people who have a non-financial background. No prior knowledge is assumed.
"A well-structured course covering the key areas of international tax."
"Really enjoyed the course. Very well presented. Day passed really quickly as so interesting."
Would you like this course run in-house? Call us on 0207 566 8207 to find out more
Not quite what you were looking for? Then please see the following closely related course;