Lifecycle of a Trade

This course enables students to explain trade procedures in financial markets and identify the risks in each stage from inception to settlement.

Suitability

This course is targeted at anyone who is new to financial markets and keen to gain an overview of Trade Operations Settlements and Operations Risk.

Learning Outcomes

Part 1: This course provides a step-by-step analysis of a stylised trade: everything from trade catalysts through order management to execution, risk control and settlement. It’s particularly insightful to professionals in the middle and back offices of the major financial institutions.

By the end of this session, delegates will:

Understand why securities are traded
Understand the key methods of trade execution
Understand the chain of events in the processing of a securities trade/ transaction
Understand how key market participants interact

Part 2: This course provides a step-by-step analysis of a stylised trade: everything from trade catalysts through order management to execution, risk control and settlement. It’s particularly insightful to professionals in the middle and back offices of the major financial institutions. By the end of this session, delegates will:

Understand why securities are traded
Understand the key methods of trade execution
Understand the chain of events in the processing of a securities trade/ transaction
Understand how key market participants interact

Course Content

Part 1: Trade Processing Pre-Settlement

Operational workflow
The importance of efficient trade processing
Straight Through Processing (STP)
Static data and Standard Settlement Instructions (SSI)
Middle office functions
Trade confirmation
Trade validation
Trade agreement
Our securities services: Middle office outsourcing services – to whom and why?

Settling and Clearing the Trade

What is the different between clearing and settlement?
Settlement agents
The central counter-party model
Trade failure and the wider impact
Securities services: Local, regional and global custodians
What do banks do as a:
- Market leader for settlements and clearing
- A leading global custodian

Part 2: Content (Contd.) The Post Trade Environment

Performance and attribution measurement
Fund administration and fund hosting
Fund distribution support
Depository bank and trustee services
Growth of securities services: Recent acquisitions – what are they, and why do banks do them?

The Here and Now

The session allows for a ‘hot’ topic of the moment to be included to further illustrate the importance of the various components of the trading life cycle. Previous ‘hot’ topics included:

Corporate actions and rights issues
Short selling and securities lending
CDS and the move from OTC to exchange clearing

100%

of our clients would recommend Alpha to a colleague or peer

90%

of a cohort was promoted within 2 years after participating in an Alpha course.

96%

of participants felt more confident in their role, following an Alpha commercial leadership course.

Why study with Alpha?

Innovation and creativity born from experience

We are thought leaders in instructional and learning journey design and holistic solution architects. We have extensive finance and investments experience combined with skills application to deliver performance improving results. We develop immersive learning environments that maximize time to productivity, support talent retention and added value to improving quality of hires.

Knowledge Exchange Evangelists

We are focused on mining the embedded organisational intellectual capital for the benefit of the next generation. We create and curate best in class practice gathered from our experience with the leading financial institutions. We design our programmes with the end in mind – what results are you trying to achieve with this intervention? What metrics will we set ourselves to achieve that?

Generation Proof

Quality and innovation, using current market and industry best practices, have made us a trusted partner in delivering dynamic and motivating training for the financial and capital markets. Our programmes are generation proof and responsive to evolving learner needs and styles. Our solutions use a multi-stakeholder engagement strategy that expands beyond relationships between the learner and learning provider. We create connections with managers, peers and the wider business to drive impactful return on investment..

Enquire now

"*" indicates required fields

The team are so friendly and pleasant to work with, everyone is very professional and keen to help us. Building a relationship over the past couple of years helps us to feel like the Alpha team are even more able to understand our needs and provide more proactive solutions.