Course Overview

This comprehensive course on Capital Markets will cover four essential modules, each of which will delve into a different aspect of investment management:

. In Module 1, we will explore the basics of Portfolio Management, starting with the common types of asset classes, moving to the fundamentals of portfolio construction and concluding with the common techniques of portfolio performance evaluation.

.  In Module 2, we will focus on a specific segment of investments, namely Exchange Traded Funds. We will understand the nature and mechanics of ETFs, the difference between ETFs, individual securities and classic Mutual Funds. We will then try to explore the different types of Exchange Traded Funds.

. Module 3, will explore Market Making and liquidity providers, including its function, strategies, regulation, and impact on market efficiency.

Module One: Portfolio Management

Session 1: Asset Classes

·        Money Market Instruments

·        Equities

·        Debt Instruments

·        Real Estate

·        Alternative Assets

       Session 2: Portfolio Construction

·        The Investment Policy Statement

·        Asset Allocation

·        Active vs. Passive Portfolio Construction

·        Group Exercise: Constructing different investment portfolios to achieve set target returns

      Session 3: Portfolio Evaluation

·        Portfolio Expected Returns Calculation

·        Portfolio Risk (SD, Correlation & Beta)

·        Sharpe Ratio & Tracking Error

·        Group Exercise: Measuring the performance of different investment portfolios and choosing optimum portfolio for investment

       Module Two: Exchange Traded Funds

 Session 1: Introduction

·        What is an Exchange Traded Funds

·        ETFs vs. Individual Securities Investments

·        ETFs vs. Mutual Funds

·        ETFs vs. Index Funds

·        How ETFs Work

      Session 2: Types of Exchange Traded Funds

·        Passive ETFs

·        Actively Managed ETFs

·        Stock ETFs

·        Bond ETFs

·        Industry/Sector ETFs

·        Commodity ETFs

·        Currency ETFs

·        Inverse ETFs

·        Leveraged ETFs

       Session 3: Specific Aspects of Exchange Traded Funds

·        Pors & Cons of ETFs

·        Ways of Trading ETFs

·        Creation and Redemption

·        Dividends & Taxes

       Group Exercise: Evaluating the performance of a number of Exchange Traded funds

      Module Three: Market Making & Liquidity Providers

      Session 1: Introduction

·        What is Market Making

·        Benefits of trading under Market Making

o   Benefits to a Stock Market

o   Benefits to a Listed Company

o   Benefits to a Market Maker

·        Types of Trading Orders (Quote-driven vs. order-driven)

·        How Market Making works for the Listed Company

·        How Market Making works for the Maker

·        How Market Making works for the Taker

      Session 2: Market Making Tarding Strategies

·        Spread Trading

·        Market Neutral Tarding

·        Order Flow Trading

·        Dark Pool Trading

·        Scalping

       Session 3:  Risks & Mitigants Under Market Making Tarding

·        Inventory Risk

·        Adverse Directional Movements

·        Fat Tails

       Group Exercise: Volumes & Spreads under a number of MM Trading Strategies

Click here to Register

For registrations send email to elias.geagea@arab-exchanges.org or +961 3 107 423

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