Description
Book SynopsisThere are certain risks associated with the conclusion of a securities transaction, but good training and a firm understanding of post-transaction operations can lessen that risk. This comprehensive guide is dedicated to serving the training needs of the operational staff responsible for these settlements.
Trade Review"…Securities Operations provides an accessible and thorough review of the world of securities processing…its language is clear and its structure is excellent…Importantly, the author compliments this overview with useful worked examples and diagrammatic representations that add greatly to the readers understanding…" (GSCS Benchmarks, Vol.10, No.5)
Table of ContentsEssential Trading and Settlement Concepts.
The Securities Marketplace.
Bringing Securities to the Securities Marketplace.
Structure of a Securities Trading Organisation.
Transaction Types.
Security Forms.
Security Types
Trade Cash Value Calculation
Static Data
The Trade Lifecycle and Straight Through Processing
Trade Execution and Capture.
Trade Enrichment.
Trade Validation.
Trade Confirmation.
Trade Agreement
Transaction Reporting.
Settlement Instructions.
The Role of the Custodian
Pre-Value Date Settlement Instruction Statuses
Settlement Failure
Trade Settlement
Reflecting Trade Settlement Internally
Position and Trade Related Operations
Funding.
Securities Lending & Borrowing.
Safe Custody
Corporate Actions
Reconciliation.
Accounting
Objectives and Initiatives
