What you'll learn

Core concepts of brokerage operations and financial markets.
Trade life cycle management and trade reconciliation.
Understanding of securities clearance and settlement processes.
Practical knowledge of margin trading and DTC settlements.
Handling corporate actions and compliance regulations.

Requirements

Basic understanding of finance and investment concepts.
No prior experience in brokerage operations is required.

Description

Course IntroductionThis course provides a deep dive into the brokerage operations within investment banking. From understanding the fundamentals of brokerage firms to mastering the complexities of trade settlement and corporate actions, learners will gain comprehensive insights into the processes that drive financial markets.Through real-world examples and hands-on learning, participants will become proficient in topics like margin trading, securities clearance, trade reconciliation, and the role of clearinghouses. Whether you're a beginner or a professional in the finance sector, this course equips you with the knowledge and skills to excel in brokerage operations.Section-Wise Curriculum

Overview

Section 1: IntroductionBegin your journey into brokerage operations with foundational knowledge.Lecture 1: Introduction to Brokerage Operations in Investment Banking (Preview enabled)Understand the role and importance of brokerage operations in the financial ecosystem.Section 2: Getting StartedLearn about key players and concepts in brokerage operations.Lecture 2: Brokerage Firm

Overview

of brokerage firms and their functions.Lecture 3-4: Self Clearing & Correspondent ClearingDifferences and roles in clearing processes.Lecture 5-6: Brokerage OperationsDeep dive into the day-to-day operations of a brokerage.Lecture 7-8: Bonds Rating & Option SecuritiesBasics of bond ratings and options trading.Section 3: Marketable Securities, Markets, and ExchangesExplore financial instruments and trading platforms.Lecture 9-10: Marketable SecuritiesTypes and characteristics of marketable securities.Lecture 11: Key Terms in Mutual FundsEssential concepts in mutual fund investments.Lecture 12-13: Markets and Exchanges

Overview

of financial markets and exchanges.Lecture 14-16: Securities Identifiers & ClearanceProcesses for identifying and settling securities transactions.Lecture 17: Securities Industry Automation CorporationRole of technology in automating securities trading.Section 4: Types of AccountsUnderstand account types and structures in brokerage.Lecture 18: Types of Customer and Brokerage Accounts (Preview enabled)

Overview

of account types for different clients.Lecture 19-20: Partnership Accounts & Account StructuresSpecial account considerations for partnerships and structures.Section 5: The Trade Life CycleMaster the stages of trade execution and settlement.Lecture 21-22: Trading and Types of Trade Cycles

Overview

of the trade life cycle and its variations.Lecture 23-28: Specialized Trade Cycles (Options, Futures, Derivatives)Practical insights into trading cycles across various instruments.Section 6: Order RoomDive into order management and trade confirmation processes.Lecture 29: Brokerage Trade CycleUnderstanding the brokerage trade workflow.Lecture 30-34: Orders and ConfirmationsTrailing stop orders, limit orders, and trade confirmations.Section 7: Purchase and SalesDelve into the operations of buying and selling securities.Lecture 35-41: Trade Processing and ReconciliationHandling commissions, accrued interest, and tax implications.Lecture 42-53: Trade Settlement and ClearingAdvanced concepts like net settlement, CNS, and clearinghouse roles.Section 8: Margin DepartmentLearn the workings of margin accounts and lending.Lecture 54-57: Margin DepartmentBuying shares on margin, calculating account values, and interest rates.Section 9: Cashier's DepartmentUnderstand the back-office processes in brokerage operations.Lecture 58-68: DTC Settlements and Securities MovementThe role of the Depository Trust Company in settlements.Section 10: Corporate ActionsAnalyze and manage corporate events and their impact.Lecture 69-83: Corporate Actions and RegulationsStock splits, dividends, reorganizations, and brokerage operation compliance.ConclusionThis course prepares you to navigate the complexities of brokerage operations confidently. With knowledge of trade cycles, margin trading, account structures, and corporate actions, you will gain the expertise needed to excel in the fast-paced world of investment banking.

Overview

Section 1: Introduction
Lecture 1 Introduction to Brokerage Operations in Investment Banking
Section 2: Getting Started
Lecture 2 Brokerage Firm
Lecture 3 Self Clearing
Lecture 4 Correspondent Clearing
Lecture 5 Brokerage Operations
Lecture 6 Brokerage Operations Continues
Lecture 7 Bonds Rating
Lecture 8 Option Securities
Section 3: Marketable Securities, Markets and Exchanges
Lecture 9 Marketable Securities
Lecture 10 More on Marketable Securities
Lecture 11 Key Terms in Mutual Funds
Lecture 12 Marekts and Exchnages
Lecture 13 More on Marekts and Exchnages
Lecture 14 Securities Identifiers
Lecture 15 Securities Clearance and Settlement
Lecture 16 Securities Industry Automation Corporation
Section 4: Types of Accounts
Lecture 17 Types of Customer and Brokerage Account
Lecture 18 Transfer and Hold In
Lecture 19 Partnership Account
Lecture 20 Types of Account Structure
Section 5: The Trade Life Cycle
Lecture 21 Trading of Life Cycle
Lecture 22 Types of Trade Cycle
Lecture 23 Regular Way Trades
Lecture 24 Trade Flow
Lecture 25 Dividend Scheduled
Lecture 26 Option Cycle and its Uses
Lecture 27 Future Trade Cycle
Lecture 28 Derivative Trade Cycle
Section 6: Order Room
Lecture 29 Brokerage Trade Cycle
Lecture 30 Application of Trailing Stop Order
Lecture 31 Understanding Limit Order
Lecture 32 More on Trailing Stop Order
Lecture 33 Trade Confirmations
Lecture 34 Constructive Receipt Processing
Section 7: Purchase and Sales
Lecture 35 Operations Processing Purchase and Sales
Lecture 36 Commission Buy Trade
Lecture 37 Operations Processing Gross Credit
Lecture 38 Calculating Accrued Interest
Lecture 39 More on Accrued Interest
Lecture 40 Miscellaneous Fees and State Tax
Lecture 41 Trade Balancing and Reconciliation
Lecture 42 Examples on Trade Balancing and Reconciliation
Lecture 43 Examples of Street Trades
Lecture 44 Trade Comparison and Trade Settlement
Lecture 45 Security Settlement and Money Settlement
Lecture 46 Role of Clearing House
Lecture 47 Concept of Trade Settlement
Lecture 48 Net Settlement and Trading Activity
Lecture 49 Generating Balance Order
Lecture 50 CNS and Non CNS
Lecture 51 Continues Net Settlement
Lecture 52 CNS Position and Trading Activity
Lecture 53 Net Settlement and Money Settlement
Section 8: Margin Department
Lecture 54 Margin Department
Lecture 55 Liquidation Value and Account Value
Lecture 56 Buying Shares on Margin
Lecture 57 Interest Rated on Margin Loans
Section 9: Cashier's Department
Lecture 58 Operations Processing Cashier's Department
Lecture 59 Securities and Funds
Lecture 60 DTC R and D Settlement
Lecture 61 Benefits of DTC Settlement
Lecture 62 DTC Settlement SEG and Excess
Lecture 63 Movement of Securities
Lecture 64 Stock Loan Contract File
Lecture 65 Executing Mark to Market
Lecture 66 Stock Transfer Department
Lecture 67 Continues Net Settlement Buying
Lecture 68 Institutional Delivery System
Section 10: Corporate Actions
Lecture 69 Corporate Actions
Lecture 70 Stock Splits
Lecture 71 Examples on Stock Splits
Lecture 72 Distribution Processing
Lecture 73 Dividend Short Charges
Lecture 74 Cash in Lieu Example
Lecture 75 DTC Fail Tracking
Lecture 76 Due Bill Tracking
Lecture 77 Reorganization Department
Lecture 78 More on Reorganization Department
Lecture 79 Unit Splits
Lecture 80 Stock Record Department
Lecture 81 DTC Breaks
Lecture 82 Interest Rated on Margin Loans
Lecture 83 Brokerage Operation Regulations
Finance and investment professionals.,Students pursuing careers in investment banking.,Individuals interested in understanding the trade life cycle and brokerage operations.

Homepage:

https://www.udemy.com/course/brokerage-operations-in-investment-banking-complete-course/