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Topic outline

  • Syllabus and Weighting

    The following chapter and exam weighting should guide your study time.

    We highly recommend you read the course text in conjunction with our slides providing you more exam focus.

    If you have any questions on the content or admin related questions please email us at cisi@emergingmarketft.com

    Happy studying!



    • Chapter 1: Securities

      The Securities chapter covers different types of securities, including equities, bonds, and derivatives, explaining their characteristics, valuation methods, and trading mechanisms. It also explores key trading principles and market structures, distinguishing between exchanges, OTC markets, and algorithmic trading.

      Trading background Stock Photos, Royalty Free Trading background Images |  Depositphotos

    • Chapter 2: Main Industry Participants

      The Main Industry Participants chapter examines the roles of key players in the financial markets, such as investors, brokers, custodians, and depositories, and how they interact within the global securities ecosystem. It also highlights the importance of technology in financial operations, covering systems like SWIFT and FIX messaging, as well as the benefits of straight-through processing (STP).


      Strategie, sfide e prospettive per il futuro del Banking | Deloitte Italy

    • Chapter 3: Settlement Characteristics

      The Settlement Characteristics chapter details the full settlement process, from trade matching and clearing to final execution, emphasizing risk controls and operational efficiency. It also addresses the causes and consequences of failed settlements, outlining regulatory measures like CSDR designed to improve market discipline and reduce settlement risk.


      Environment - La BOAD

    • Chapter 4: Other Investor Services

      The Other Investor Services chapter covers essential post-trade functions, including safekeeping, corporate actions, cash management, and securities financing, all of which support efficient market operations. Additionally, it explores the growing importance of responsible investing, highlighting how ESG considerations are influencing investor decisions and financial strategies.


      Stock Market Chart White Transparent, Stock Market Trend Chart Analysis  Icon, Stock Market, Trend Chart, Analysis PNG Image For Free Download

    • Chapter 5: Aspects of Taxation

      The Aspects of Taxation chapter explains the impact of taxation on securities, including income tax, capital gains tax, and transaction-based levies, and how they vary across jurisdictions. It also examines tax relief mechanisms such as withholding tax exemptions, double taxation treaties, and compliance requirements under frameworks like FATCA and CRS.


      Thailand's New Tax Rules: Reporting Foreign Income for Residents - FRANK  Legal & Tax

    • Chapter 6: Risk

      The Risk chapter focuses on identifying and managing various risks in securities operations, including counterparty, market, credit, and operational risks. It emphasizes the importance of risk mitigation strategies such as reconciliation processes, regulatory compliance, and effective custody risk management to ensure market stability and operational integrity.


      Services