The investment industry for IT practitioners : an introductory guide

Andrew Bradford

Giving IT professionals in financial services firms a rounded and comprehensive grounding in their knowledge of their industry, this book offers a primer on the major financial instruments, transactions, and processes, as well as a sound knowledge of the principles of good IT management in the industry. The book gives readers a clear understanding of equities, bonds, currencies, listed derivatives and OTC derivatives. It explains transactions in those instruments and the requirements of business systems that process these transactions. Transactions covered include (inter-alia) agency and principal purchases and sales, loans and deposits, repos and reverse repos, stock loans; and also the Sharia-compliant 'Islamic' transactions that may be used as alternatives to interest bearing transactions. Andrew Bradford gives an introduction to how investment firms are regulated; offers an understanding of the STP (Straight-through-Processing) concept following the trade cycle for the transactions from order through to execution through pre-settlement to final settlement; covers basic accounting procedures for the transactions; and conveys the basic principles of good IT management in the investment industry.

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Alternative title:	Guide to the investment industry for IT practitioners
Year of publication:	c2008 ; Online-Ausg.
Authors:	Bradford, Andrew
Publisher:	Chichester, England : John Wiley & Sons
Description of contents:	Table of Contents [gbv.de] ; Description [swbplus.bsz-bw.de]

Extent:	Online-Ressource (xix, 385 p.)
Series:	SII Series on Financial Services Operations Ser ; v.6 Financial services operations
Type of publication:	Book / Working Paper
Language:	English
Notes:	Includes bibliographical references and index. - Electronic reproduction; Palo Alto, Calif; ebrary; 2012; Available via World Wide Web; Access may be limited to ebrary affiliated libraries The Investment Industry for IT Practitioners: An Introductory Guide; Contents; Introduction; Acknowledgements; PART ONE INVESTMENTS AND SECURITIES EXPLAINED; 1 An Introduction to Financial Instruments; 1.1 Introduction; 2 Equities; 2.1 Listed and unlisted equities; 2.2 Multi-listed securities; 2.3 The issuance of listed equities - the primary market; 2.4 The secondary market in equities; 2.4.1 Trade prices in the secondary market; 2.4.2 Secondary market terminology; 2.4.3 Forms of securities; 3 Debt Instruments; 3.1 Types of debt instruments; 3.1.1 Straight bonds 3.1.2 Floating rate notes (FRNs)3.1.3 Zero coupon bonds; 3.1.4 Asset-backed securities; 3.1.5 Index linked bonds; 3.1.6 Convertible bonds; 3.1.7 Bonds with warrants attached; 3.1.8 Bills; 3.2 Accrued interest on bonds in the secondary market; 3.3 More trade terminology; 3.4 How prices are formed in the secondary market; 3.4.1 The yield curve; 3.4.2 The importance of a credit rating and the role of the rating agencies; 4 Cash; 4.1 Cash as a means of exchange; 4.1.1 Interest calculation methods for currencies; 4.2 Cash as an investment class; 4.2.1 Foreign exchange transactions 4.2.2 Money market loans and deposits4.3 More trade terminology; 5 Derivatives; 5.1 Exchange traded derivative contracts; 5.1.1 Traded options; 5.1.2 Exchange traded futures; 5.2 More trade terminology; 5.3 OTC derivatives; 5.3.1 Interest rate swaps; 5.3.2 Other OTC derivatives in brief; 6 Common Attributes of Financial Instruments; 6.1 Summary of all trade terminology used in Chapters 1 to 5; 6.2 Summary of basic trade arithmetic for transactions in securities, futures and options; 6.2.1 Calculating the principal value of a trade; 6.2.2 Calculating the consideration; 7 Market Participants 7.1 Introduction7.2 Investors; 7.3 Institutional fund managers; 7.4 Private client stockbrokers and investment managers; 7.5 Investment banks that accept and execute orders from investors; 7.5.1 Investment banks' business activities; 7.5.2 A typical application systems configuration for an investment bank; 7.6 Investment exchanges; 7.6.1 The world's major investment exchanges; 7.6.2 Connecting to stock exchange trading systems; 7.7 Settlement agents; 7.7.1 Clearing houses or central counterparties; 7.7.2 Central securities depositaries and international central securities depositaries 7.7.3 Commercial custodians7.8 Other market participants; 7.8.1 Information vendors; 7.8.2 Money brokers; 7.8.3 Stock lending intermediaries; 7.8.4 Registrars and transfer agents; 8 How Investment Firms are Regulated; 8.1 Introduction; 8.2 Objectives of regulation; 8.3 The global perspective; 8.3.1 The Bank for International Settlements (BIS) and the Basel Accord; 8.4 The European perspective; 8.4.1 The European Capital Adequacy Directive (CAD); 8.4.2 The Markets in Financial Instruments Directive (MiFID); 8.5 The UK perspective - the role of the financial services authority 8.6 Specific offences in the United Kingdom pt. 1. Investments and securities explained -- pt. 2. Good IT practice in the investment industry
ISBN:	978-0-470-72123-0 ; 978-0-470-99780-2 ; 978-0-470-99780-2 ; 0-470-99780-X
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012683188