Securities Operations: A Guide to Trade and Position Management
Securities Operations focuses on the settlement aspects of a securities transaction. As financial analysts make a greater effort toward quantifying and managing operational risk, they are paying more attention to securities transactions in general and to the settlement phase in particular. While describing the practical issues, this book enumerates the different "back office" related risks potentially encountered throughout the settlement. Simmons also covers more advanced topics such as derivatives, trade compensation, internal allocation of funding costs, and operational performance measurement.
Michael Simmons (London, UK) is currently Head of Business Consultancy at Wilco International, a major software systems provider to the financial markets.
Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.
The Securities Marketplace.
Bringing Securities to the Securities Marketplace.
Structure of a Securities Trading Organisation.
Trade Cash Value Calculation
The Trade Lifecycle and Straight Through Processing
Trade Execution and Capture.
The Role of the Custodian
Pre-Value Date Settlement Instruction Statuses
Reflecting Trade Settlement Internally
Position and Trade Related Operations
Securities Lending & Borrowing.
Objectives and Initiatives
In recent years, Michael has worked for Wilco International in London (part of the ADP group of companies, headquartered in the U.S., suppliers of software systems to the global financial community), where he heads up a team of securities industry specialists. Michael's area of expertise includes the analysis of the business needs of companies operating in various capacities within the securities industry and in different geographical locations. In addition, he has created and runs training courses on the workings of the securities industry and associated operational aspects to audiences around the world.
Securities Operations: A Guide to Trade and Position Management (US $163.00)
-and- An Introduction to Equity Derivatives: Theory and Practice, 2nd Edition (US $76.00)
Total List Price: US $239.00
Discounted Price: US $179.25 (Save: US $59.75)