An Introduction to Equity Markets
An Introduction to Equity Markets
Thursday 19 October 2017
This one-day course is delivered by experts from within the London Stock Exchange and uses live market data, case studies and worked examples to provide an overview of how mature equity markets function and put into context a company’s role within these markets.
The course aims to build a framework for understanding:
- The role of the Exchange in the context of the UK financial services industry.
- How, where and why UK and international companies are listed and admitted to trading.
- The evolution of trading markets.
- The different factors that can affect company share prices.
- The technology that underpins the efficient operation of the market.
- How and why markets are regulated and how financial market crimes are detected and investigated
- Short selling, stock borrowing and stock
Who should attend?
This is an ideal course for professionals from member firms and corporate advisers, as well as executives from AIM or listed companies, for example:
- Compliance professionals.
- Company secretarial staff.
- Investor relations professionals.
- Financial PR.
- Finance directors/controllers.
- Lawyers and accountants.
- Listed company advisors.
- Back office staff.
- New graduates in the securities industry.
- Those working in a support function within financial organisations.
Trainer: Tracey Paul-Clark
Tracey joined London Stock Exchange at the Leeds Regional Office in 1994 to manage relationships with key local constituents including stockbrokers, listed companies and professional advisers. The design and launch of the AIM Market at this time called for heavy involvement of regional staff. She moved to the London office at the end of 1995 to take up a UK marketing manager role.
In 1998 Tracey left London Stock Exchange to set up and manage her own business venture. She returned in 2001 to become Primary Account Manager for a portfolio of member firms based around the UK and joined the Training & Consultancy team in early 2004.
Tracey has since developed and delivered training programmes around the financial markets including the ‘Trading on the London Stock Exchange’ programme. Tracey holds an MBA from Bradford University Management Centre and the CIM Postgraduate Diploma.
What you will cover:
The development of London Stock Exchange over time
- Brief history and major milestones of London Stock Exchange Group.
- Key functions of an exchange.
- How and why companies issue equity.
- Types of flotation and further capital raising.
- Role of the UKLA and London Stock Exchange in capital markets.
- Main Market.
- Professional Securities Market (PSM).
- Specialist Fund Market (SFM).
- Instruments traded.
- Key market participants.
- Evolution of the trading markets.
- Membership, trading connectivity and Rulebook.
- Quote-driven trading.
- SETS order book trading.
The Panel on Takeovers and Mergers (POTAM)
- The role of POTAM.
- Principles of the City Code on Takeovers and Mergers.
- UK and European legislative position.
The role of London Stock Exchange in regulating the markets
- Role of RNS in the dissemination of inside information.
- Market abuse.
- Market monitoring.
How a company’s closing share price is arrived at each day
- How closing prices are determined.
- Understanding the auction process.
- Live demonstration.
Watch the crossing and uncrossing process unfold through a live feed to the market
Equity market challenge prize giving
Places are limited on these courses so please book early to avoid disappointment.
The course fee is £300 per course (not including VAT) inclusive of lunch and refreshments. Discounts are available for returning delegates and multiple bookings.