Overview
- This course starts by discussing the function and role of capital markets, and then proceeds to take a deep dive into various equity markets concepts such as call vs. continuous markets, types of exchanges, types of orders, buying on margin and efficient capital markets theory.
- Function and role of capital markets
- Attributes of a well-functioning securities markets
- Primary capital markets
- Role of the underwriter
- First-time issues (IPOs) vs. secondary issues
- Secondary capital markets
- Call vs. continuous markets
- Types of exchanges
- Exchange members
- Types of orders
- Motivations and process of short selling
- Buying on margin
- Overview of security market indexes
- Efficient capital markets theory