The Intermediate Corporate Actions training is designed to develop attendees’ knowledge of corporate actions from their existing fundamental level to an intermediate level. Awareness of specific aspects of corporate actions will be introduced, including explanations of:
- background to and management of specific complex events (e.g. capital repayment on mortgage-backed securities, bond exchange-offers, share capital decreases);
- activities conducted by buy-side and sell-side firms that cause greater complexity in management of corporate actions (e.g. short selling, securities lending & borrowing).
Learning objectives
- Impact of Failed Trades on Corporate Actions
- Impact of Short Selling on Corporate Actions
- Impact of Securities Lending/Borrowing on Corporate Actions
- Impact of Special-Cum & -Ex Trading on Corporate Actions
- Australian Dividend Tax
- Depository Receipt Issuance Fees
- UK Stamp Duty (on New Stock)
- Warrant Exercise
- Accelerated Rights Issues
- Rights Issues with Preferential Subscription Rights (France)
- Financial Restructuring (Bonds & Equity)
- Share Capital Decrease
- Interest on Equity Capital
- Mortgage-Backed Securities: Interest & Capital
- Takeovers
Content
To ensure the attendees gain a thorough understanding of all topics, attendees will be provided with a highly structured handout/workbook containing text in bullet-point form and many embedded diagrams.
Lecturer
During his Investment Banking career Michael gained hands-on experience of day-to-day management responsibility for many operational areas. About 10 years ago Michael started to specialize in delivering training and has run courses in the UK, US, Japan, India and Dubai. He is also trainer for ICMA’s Operations Certificate Program seminar. Michael is author of the books “Securities Operations, a Guide to Trade and Position Management”, and “Corporate Actions, a Guide to Securities Event Management”.
Contact
Total Solutions offers the opportunity to organise this training as an open or in-house training.
For more information, please send us an email: training@nl.ts.eu or call : +31 20 530 4380
Information
- Date: Date to be determined
- Duration: 2 day(s)
- Location: Hotel Casa 400, Amsterdam
- PE Points: 12
- Price: € 1.850,--
- Language: English
Additional information
Note: this course is not suitable for newcomers to the topic of corporate actions; the Fundamentals of Corporate Actions course is designed for that audience. This course is designed to develop understanding of the topic to an intermediary stage.