Learning Platform - "Trade Compliance & Surveillance"

Course: Markets & Trading

About the online training programme

This training covers the fundamentals of ‘markets’ and ‘trading’. It touches on the basics of market working and covers the types of markets. Included are the basics of deal making and transacting.

Course contents

This training covers the following topics:

• What is a market?
  • Buyers & sellers: suppliers & consumers, plus others
  • Spot vs. forward
• Organisation of markets, products, pricing & trading
  • Standard vs. Non-standard products
  • Bilateral deals – Master agreement (legal framework for non-commercial terms)
• Types of markets
  • Balancing markets, spot markets ((W)IDM, DAM) & forward markets
  • Auction & continuous market
• Comparison: Commodity markets vs. Financial markets
• Venues
  • On-venue & off-venue – OTC markets vs. exchange trading
    • Counterparty risk management – Collateralisation & Margining
    • Exchange rulebooks
• Transacting
  • Deal making
    • Product, volume & price, plus terms (specifications)
• Trading technicalities & strategies
• Basic questions
  • Who?
    • Market participants & types of traders
  • What?
    • Products & trading activities
  • Why?
    • Reasons to enter into a contract; trading strategies
  • Where?
    • On-venue vs. off-venue; exchange & OTC trading
  • When?
    • Timing (spot vs. forward)
  • How?
    • On-site & online (live, platform, chat), plus tools (phone, squawk box)