Market Organization and Structure - презентация, доклад, проект скачать

Нажмите для полного просмотра!

Market Organization and Structure, слайд №1

Market Organization and Structure, слайд №2

Market Organization and Structure, слайд №3

Market Organization and Structure, слайд №4

Market Organization and Structure, слайд №5

Market Organization and Structure, слайд №6

Market Organization and Structure, слайд №7

Market Organization and Structure, слайд №8

Market Organization and Structure, слайд №9

Market Organization and Structure, слайд №10

Market Organization and Structure, слайд №11

Market Organization and Structure, слайд №12

Market Organization and Structure, слайд №13

Market Organization and Structure, слайд №14

Market Organization and Structure, слайд №15

Market Organization and Structure, слайд №16

Market Organization and Structure, слайд №17

Market Organization and Structure, слайд №18

Market Organization and Structure, слайд №19

Market Organization and Structure, слайд №20

Market Organization and Structure, слайд №21

Market Organization and Structure, слайд №22

Market Organization and Structure, слайд №23

Market Organization and Structure, слайд №24

Market Organization and Structure, слайд №25

Market Organization and Structure, слайд №26

Market Organization and Structure, слайд №27

Market Organization and Structure, слайд №28

Market Organization and Structure, слайд №29

Market Organization and Structure, слайд №30

Market Organization and Structure, слайд №31

Market Organization and Structure, слайд №32

Market Organization and Structure, слайд №33

Market Organization and Structure, слайд №34

Содержание ▲

Вы можете ознакомиться и скачать презентацию на тему Market Organization and Structure. Доклад-сообщение содержит 34 слайдов. Презентации для любого класса можно скачать бесплатно. Если материал и наш сайт презентаций Mypresentation Вам понравились – поделитесь им с друзьями с помощью социальных кнопок и добавьте в закладки в своем браузере.

Слайды и текст этой презентации

Слайд 1

Описание слайда:

Market Organization & Structure

Слайд 2

Описание слайда:

What Are the Main Functions of the Financial System?

Слайд 3

Описание слайда:

How Are Markets Classified?

Слайд 4

Описание слайда:

Слайд 5

Описание слайда:

How Do Secondary Markets Support Primary Markets?

Слайд 6

Описание слайда:

How Are Assets Classified?

Слайд 7

Описание слайда:

Слайд 8

Описание слайда:

Слайд 9

Описание слайда:

What Positions Can I Take in an Asset?

Слайд 10

Описание слайда:

Слайд 11

Описание слайда:

Hedging with Forward Contracts Farmer needs TO SELL wheat to the miller at a future date.

Слайд 12

Описание слайда:

Futures versus Forward Contracts

Слайд 13

Описание слайда:

Swap Contracts

Слайд 14

Описание слайда:

Слайд 15

Описание слайда:

Option Positions and Their Underlying Risk Exposures

Слайд 16

Описание слайда:

Repurchase agreements (REPO) Direct Repurchase Agreements (Direct REPO): one party sells securities to another with an agreement to repurchase them at a specified date and price Essentially a loan backed by securities A reverse REPO refers to the purchase of securities by one party from another with an agreement to sell them Transactions amounts are usually for $10 million or more Common maturities are from 1 day to 15 days and for one, three and six months There is no secondary market for repos

Слайд 17

Описание слайда:

Insurance

Слайд 18

Описание слайда:

Credit Default Swaps (CDS)

Слайд 19

Описание слайда:

Слайд 20

Описание слайда:

Example of Securitization

Слайд 21

Описание слайда:

Слайд 22

Описание слайда:

Terminology for Levered Positions

Слайд 23

Описание слайда:

EXAMPLE: Computing Total Return to a Leveraged Stock Purchase A buyer buys stock on margin and holds the position for exactly one year, during which time the stock pays a dividend. For simplicity, assume that the interest on the loan and the dividend are both paid at the end of the year. Purchase price $20/share Sale price $15/share Shares purchased 1,000 Leverage ratio 2.5 Call money rate 5% Dividend $0.10/share Commission $0.01/share 1. What is the total return on this investment? 2. Why is the loss greater than the 25 percent decrease in the market price?

Слайд 24

Описание слайда:

EXAMPLE: Margin Call Price A trader buys stock on margin posting 40 percent of the initial stock price of $20 as equity. The maintenance margin requirement for the position is 25 percent. Below what price will a margin call occur?

Слайд 25

Описание слайда:

Compare and Contrast Execution, Validity, and Clearing Instructions

Слайд 26

Описание слайда:

Execution instructions Execution instructions specify how to trade A MARKET ORDER instructs the broker to execute the trade immediately A LIMIT ORDER places a minimum execution price on sell orders and a maximum execution price on buy orders Execution instructions about volume of trade: all-or-nothing orders: execute only if the whole order can be filled. Orders can specify the minimum size of the trade Trade visibility can also be specified. Hidden orders are those for which only the broker or exchange knows the trade size Trades can also specify displace size, where some of the trade is visible to the market, but the rest is not (Iceberg orders)

Слайд 27

Описание слайда:

Limit Order Book: “26 Bid, Offered at 28”

Слайд 28

Описание слайда:

Validity Instructions

Слайд 29

Описание слайда:

Stop Orders (Stop-Loss Orders)

Слайд 30

Описание слайда:

Execution Mechanisms

Слайд 31

Описание слайда:

Order-Driven Markets

Слайд 32

Описание слайда:

What Are the Characteristics of Well-Functioning Financial System?

Слайд 33

Описание слайда:

What Are the Objectives of Market Regulation?

Слайд 34

Описание слайда:

Summary Main functions of the financial system Classifications of assets and markets Financial intermediaries Long and short positions Leveraged positions Execution, validity, and clearing instructions Market and limit orders Primary and secondary markets Quote-driven, order-driven, and brokered markets Characteristics of a well-functioning market Objectives of market regulation