International Program on Securities Market Operations

Transcription

1 The leader in Financial Markets Education Presents International Program on Securities Market Operations th th 05 to 09 March, 2018, Mumbai, India.

2 BSE Institute limited is a wholly owned subsidiary of the BSE Limited. BSE Institute inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 142 years. At BSE Institute we believe that insightful financial professionals will drive innovation, growth, and value in today's dynamic world economy. Hence, our open registration programs are designed to transform good professionals into great leaders. The courses designed at BSE Institute help in developing the required capabilities, understanding the trends and in preparing for what's around the bend. With a diverse mix of participants, experiential and holistic learning, faculty with vast industry experience, and strong corporate involvement, learning at BSE Institute is a unique experience. We credit ourselves for having trained over 10,000 participants in various courses offered at the institute.

3 Program Objective This Five days program for market professionals in the mid to senior levels working in the securities markets provides a unique experience of learning various aspects of the policy and practice. The program is primarily meant for international audience and thus consists of a right mix of class room lectures/presentations, practical / demonstrations, interface with leading professionals and practitioner and visits to major nancial institutions in Mumbai.

4 Subject Introduction To Capital Markets Fundamental Role Capital Market Segments & Products / Instruments Primary Markets Process, Institutions & Intermediaries Indices Capital Assets Pricing Model (CAPM) Reforms in Indian Securities Markets Fundamental Analysis Of Equity Purpose Financial Statement Analysis Sector-Specific Ratios Membership On Exchanges Stock Brokers, Trading and Clearing Members, Authorized Persons, Sub-brokers & Membership Norms Trading Membership Admission & Surrender Procedures, Suspension & Expulsion Broker Client Relationship Investors Service Cell & Arbitration Code of Advertisement Regulatory Framework Regulatory Framework Securities Contracts (Regulation) Act, 1956; Securities and Exchange Board of India Act, 1992 SEBI Regulations (Intermediaries, 2008); (Prohibition of Insider Trading, 1992); (Prohibition of fraudulent and Unfair Trade Practices relating to securities market, 2003) The Depositories Act, 1996; Indian Contract Act, 1872; Income Tax Act, 1961, Anti Money Laundering Introduction To Derivatives Derivatives: What and Why? & Derivatives Contracts OTC Derivatives & Exchange Traded Derivatives Participants Continuous Compounding Regulatory Framework, Accounting & Taxation

5 Types Of Derivatives Equity Derivatives Interest Rate Derivatives Currency Derivatives Introduction To Mutual Funds Role, Scheme Types, Options M u t u a l F u n d s S t r u c t u r e s, Operations & Distribution Channels Distribution Commission New Fund Offer, Who can invest? & who cannot invest? K n o w y o u r C u s t o m e r ( K Y C ) Requirements Investors Transactions (Normal Physical Mode; Through the Internet; BSE StAR Channel) Expenses, Net Assets & NAV, Valuation, Load, Cut-off Timing MF Evaluation Return & Risk Metrics Measuring Returns & SEBI s Disclosure Norms on Returns Absolute and Relative Returns Measuring Risk & Risk Adjusted Returns (Sharpe s Ratio, Treynor Ratio) & Applying the metrics Qualitative Approaches Taxation Securities Transaction Tax (STT) Capital Gains Additional tax on income Distributed Tax Deducted at Source (TDS) Information Sources SID, SAI & KIM Fact Sheets & Fund account statements Annual Report and Portfolio Statements Other sources of information

6 Investor Protection Structural Protection Time-Standards Other legal considerations for investors FINTECH Algorithmic Trading Robo-Advisors and Systematic Trading Block Chain Cryptocurrency Financial Risk Management: Technology and Operations Market structure & Participant Solution Architecture & Design Financial Market Product life Cycle Development & Implementation Introduction to Risk & Market Risk Algorithmic Trading & complex event processing Cyber security Technology and Applications Introduction to cyber security Systems Security, Cryptograph and Network Security The Landscape of Cyber security and Case Studies

7 Program Advantage Study visits and walk and talk tours at: Regulator Depositories Exchanges Broking Houses Banks Financial Institutions

8 Target Audience Senior to Mid Level Officials from the Regulator, Securities Market Commission, Stock Exchanges, Central and Commercial Banks, Financial Institutions, Broking Houses, Corporates and other Financial Services. Program Fees US $ 6000/- (Includes single room accommodation in a reputed star hotel, local transportation from hotel to the training venue and back, study materials, lunch & refreshments and field visits / walk and talk tours at reputed financial organizations). Duration & Timing 5 Days 10:00 am to 5.30 pm Registration Use enclosed format with payment details Last Date for Registration th 25 Feb, 2018 Enroll now to avail the discount!! th Register on / before 25 Feb, 2018 and avail Flat 10% Discount on the total fees per participant Special concession on fees for group enrolment from the same organization BIL reserves the right to decide the policy pertaining to permissible refund to participants who have registered and paid fees for the program

9 Disclaimer 1. Accommodation/ Hotel Booking: (Note: Hotel Check in pm Check out pm) *Subjective to confirmation and availability Participants checking in before pm will be charged from the previous day as the Hotel will have to block rooms for them from the previous day. If Extra Day stay(s) applicable, the Participant is requested to pay directly to the Hotel at the Special Rate applicable to BSE Group for single room occupancy with Breakfast only. 2. Airport Transfers: Participants are requested to make own arrangements from the Mumbai International Airport to reach the Hotel and back. Participants are advised to book a pre-paid taxi/cab from the official counter on their arrival at the Mumbai International Airport. 3. Participants are advised to have the following: Travel Insurance Baggage Insurance International Roaming Number Medical Insurance Your personal medical kit Any other related 4. BIL will bear the accommodation / stay of all the participants for 6 Nights Only, (Check In after/at pm th th on Monday, 05 Mar, 2018 and Check Out by/before pm on Friday, 09 Mar, 2018). If beyond, the above mentioned stay, to be borne by the participants directly to the Hotel. 5. A participant enrolling for the program understands and accepts the fact that BIL shall make best effort to provide accommodations to participants as mentioned herein. However, participant shall assume all risk and liability with reference to its accommodations while attending program and BIL and/or BSE Ltd. shall not be liable for the same. 6. BSE Ltd. / BIL Mumbai, India employees/coordinators would not be responsible for any accommodation/stay beyond the last day of the program or any related issues thereafter. 7. BSE Ltd. / BIL, Mumbai, India employees/coordinators shall not be held responsible for any unforeseen occurrence / circumstances / ailments / or related incidents including but not limited to incidents during/after the program or hotel stay or local travel while in Mumbai, India. 8. Breakfast would be complimentary at the hotel, during the days of hotel stay. 9. Any other expenses related to participant's accommodation, telephone calls, laundry, usage of minibars, personal restaurant bills, other expenses related personal nature etc. are needed to be cleared / settled by the participants directly to hotel before checking-out. 10. BIL would be providing working lunch for the 5 days of training program, remaining the participants are requested to take care of.

10 Few of Our International Clients

11 Participants of November Training Programs I got many ideas which I can take back to my company Faisal Saleh Bahrain Barse, Kingdom of Bahrain Major take away from the training is Inspection, surveillance, regulatory best practices, Better procedures, risk management, better overall market development techniques. Ishraq CMDA, Maldives My view was that the course primarily focus on dematerialisation and depository operations. This was definitely achieved. Infact all presentations, discussions, meetings helped me a lot to understand all aspects of capital market better. Also I have learned everything including trading, settlement, depository, risk management, etc. Charles Makhzoom Saleem CMDA, Maldives Surveillance & Risk management: faculties were able to explain and take us through the procedures and systems they use in their surveillance and risk management process. Major take away from the training is Surveillance and inspection & Challenges and weakness faced by the BSE since its inception and how they have been overcome. Dickson Brown Ghana Stock Exchange, Ghana A course objectives were all achieved with proper examples and very well interactive. A better understanding of the capital market -Exposure to some techniques in the capital market, Contacts of the well-seasoned speakers and coordinators & contacts of colleagues that share the same ideas as I do. Levina Sackey Ghana Stock Exchange, Ghana

12 Participants of previous Training Programs The objectives were primarily focussed on understanding the attainment of an efficient capital market & the role capital market can contribute to economic growth/ development. The objectives were achieved because the facilitators were seasoned practitioners. Moses Kenneth Abakah Central Securities Depository, Ghana my objectives were to get exposure on international securities market operations. BSE is an exchange which provides the platform number of types of securities. Hence, I believed that I was able to get understanding the theoretical & practical perspective of those operations. Dhammika Indralal Colombo Stock Exchange, Sri Lanka Having come from the banking sector, I think everything we were taken through was very insightful and will be applied appropriately in my work. James M.K Dinushan Capital Market Authority, Kenya The trading operations, listing procedure & the market surveillance sessions were really helpful & insightful which are relevant to what I do back in my exchange. Godesitharan Colombo Stock Exchange, Sri Lanka The course objectives were achieved based on the program that comprehensively covered the operations of a security market. I now have a group of the whole security market operations. Joachim Njagi Wandaka Jimmy Capital Market Authority, Kenya To have a comprehensive understanding of the overall operations of the securities market. The objectives of the course were to a large extent achieved. Mnene Capital Markets Authority, Kenya

13 To have a overview of the exchange different product and services interact with different regulatory and exchange bodies globally. Maryam Sayed Adel Alhashemi Senan Bahrain Bourse, Kingdom of Bahrain The courses was comprehensive and educational and I learned quite well from the program lectures. Also I was very impressed by how professional is the capital market in India. Mohamed Al Sherooqi Bahrain Bourse, Kingdom of Bahrain The program provided great insights on how the India Capital Markets operates and also helped me in depth about the functioning of clearing houses in India. A great place to network with like-minded people and professionals. Emelia Oteng Central Securities Depository, Ghana Good Topics Covered. Excellent faculty in indexing, IPO's Procedures, Debt Market and Commodity Market. In addition to other interesting sessions. Jameela Ali Al Hamhami Head of Indices Section Muscat Securities Market Good eye-opener. Great to interaction with various juridictions. I learnt quite a lot. Good Team work. Irene K J - mutiso Manager, HR & Cor. Communication Central Depository & Settlement Corp. Ltd. Nairobi, Kenya

14 The program is very helpful to undestand te India Capital Market. People are capable. Great Job! Shirley Chih-Ho Li Vice President Taiwan Stock Exchange Corporation Most of the lectures are great. I got a great learning experience. Rajib Shome Senior Manager Reliance Brokerage Services Ltd. Bangladesh The program was good and gave a good insight into the Indian Market which some can be used to improve our market back home.. The derivatives market course was the best. Nonofo Phalatse CDS Operations Officer Botswana Stock Exchange Very interesting and interactive. Gives an idea of the indian market in practice and in-depth knowledge about it. Subratty Jawaira Examiner Financial Services Commission, Mauritius

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16 Contact us: Lavanya Iyengar International & Premium Programs th th BSE Institute Limited, 18 & 19 Floor, P. J. Towers, Dalal Street, Mumbai T: F: M: E: lavanya.iyengar@bseindia.com training@bseindia.com W: Follow us on:

17 05th Mar to 09th Mar, / 6000/- IFSC Code : HDFC HDFCINBBXXX