An intensive workshop offering participants the opportunity to get to grips with the different instruments traded on the JSE and over-the-counter markets in South Africa. This workshop will explain the nature of the various instruments, their application and uses as well as the risk involved in trading in these instruments. The jargon used in the markets will be demystified.


Please click here for more information.

Agenda

9

00AM

-

3

00PM

Outline

Andre Kurten

The Equity Market and Instruments Traded

The participants in the equity market
Ordinary shares vs. other classes of shares
The rights of a shareholder
Distinguishing between listed and unlisted companies
Share valuation and the impact of bull and bear markets
The income earned on equities
Debentures as an alternative to ordinary shares
Preference shares as an alternative to ordinary shares
Unit trusts and collective investment schemes
Warrants
The risks of trading in the equity market
The Bond Market and Instruments Traded

The participants in the bond market
Government bonds
Corporate and other forms of bonds
How bonds are issued and for what purpose
The importance of government bonds as an investment class
Securitized instruments
The repo market and the link between the money market and the bond market
The risks of trading in the bond market

9

00AM

-

3

00PM

Outline

Andre Kurten

The Derivatives Market and Instruments Traded

The participants in the derivatives market
Over-the-counter derivative instruments
Interest rate swaps and Forward Rate Agreements
Distinguishing between option contracts and forward of futures contracts
Exchange-traded derivative instruments
The financial derivative instruments traded on the various JSE markets
Index futures and single stock futures
The instruments traded on the JSE commodity Derivatives market
Maize futures and other grain and oil seed contracts
Options on futures and how options differ from futures
The risks of trading in the derivatives market
The Foreign Exchange Market and Instruments Traded

The participants in the foreign exchange market
The regulation of the foreign exchange market
Foreign exchange spot and forward contracts
The importance of Exchange Control adherence
The risks of trading in the foreign exchange market
The Money Market and Instruments Traded

The participants in the money market
Cash held with banks and Negotiable Certificates of Deposit
Bankers Acceptances – trade bills used by commerce
Treasury Bills – how they are issued and traded in the market
Promissory Notes – how they are used in the market
Commercial Paper – the issue of commercial paper and regulation of this market
The risks of trading in the money market
Workshop Summary and Questions

Speakers

Sponsors and Partners

Organizer

Tickets