2013 Unit of Study
The session(s) below are for 2013. For Summer School 2013 unit of study availability please visit the Summer School website (main Summer session January/February 2013).
The University of Sydney session calendar shows exact dates for sessions.
| Trading and Dealing in Security Markets | |
|---|---|
| UoS Code | FINC3014 |
| Credit points | 6 |
| Offered | Semester 2 |
| Prerequisites | (FINC2012 or FINC2002) or (FINC2013 or FINC2003) or (FINC2014 or FINC2004) |
| Corequisites | |
| Prohibitions | FINC3004 |
| Assumed Knowledge | |
| Additional Information | |
| Lectures | 1x 2hr lecture and 1x 1hr tutorial per week |
| Assessment | Oral Presentation and Tutorial Participation (10%), Mid-Semester Exam (15%), TradeLab Assignment (10%), Major Assignment (20%), Final Exam (45%) |
| Description | This unit is concerned with the processes which turn orders into trades in securities markets, and the forces which mould and affect both order flow and order execution. The unit is an introduction to some fundamental market design and structure ideas. At the end of the unit, students should be able to understand (1) how the international markets for foreign exchange, swaps, bonds and equities are organised, (2) how trading is conducted in these markets and how these transactions are cleared, (3) how the markets are regulated, if they are supervised and what risks different counterparties face in these markets. The unit aims to equip students to independently analyse international investment and financing alternatives and to estimate expected returns and costs taking into account liquidity risk, price volatility and credit risk. |