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The Complete Guide to the Global Capital Markets

Starweaver Instructor Team and Paul Siegel

If you are relatively new to the capital markets or want to understand the real-world mechanics of how the markets and products function, then this collection of courses are probably right for you.

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If you are relatively new to the capital markets or want to understand the real-world mechanics of how the markets and products function, then this collection of courses are probably right for you.

This course will give you a broad and deep induction into the capital markets and financial markets:

  • who are the primary participants, issuers, investors and intermediaries?

  • what are the products they trade and exchange?

  • how are these financial instruments structured, and why?

  • how do the financial instruments get priced?

  • how do these capital markets and financial markets play a role in the broader economic and financial system?

Unlike many high-level “survey” courses, this is a truly chock-filled program which is divided into six (6) sections with sixty-one (61) lectures over approximately 11 hours. This includes:

  1. Capital Markets Overview

  2. Fundamental Financial Mathematics

  3. Fixed Income Markets

  4. Equity (Stock) Markets

  5. Currency/FX and Derivatives Markets

  6. Futures and Options

More about this course and Starweaver

This course is led by a seasoned financial industry practitioner and executive with many years of hands-on, in-the-trenches capital markets work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the World, providing training courses to many of the leading financial institutions and technology companies, including:

Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.

Starweaver has and continues to deliver 1000s of live in-person and online education for organizational training programs for new hires and induction, as well as mid-career and senior-level immersion and leadership courses.

If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google:

starweaver journey builder starweaver[dot]com

Happy learning.

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What's inside

Learning objectives

  • Describe the function and structure of global capital markets.
  • Appreciate what the capital markets are and the role they play in the economic and financial system
  • Use fundamental financial mathematics concepts to perform financial calculations and analyses.
  • Discuss the characteristics and types of fixed income securities and how they are traded in the market.
  • Analyze the characteristics and performance of equity (stock) markets, including the role of market indices and financial ratios.
  • Evaluate the mechanics of currency and fx markets, including exchange rates and how they are influenced by economic and political factors.
  • Examine the role of derivatives in managing risk in the capital markets, including futures and options contracts.
  • Differentiate the different types of futures and options and how they are used in different market scenarios.
  • Analyze the risks and benefits of using futures and options in risk management strategies.
  • Evaluate the role of clearing houses in the settlement of futures and options contracts.
  • Determine the regulatory environment for futures and options markets, including the role of exchanges and self-regulatory organizations.
  • Appreciate the role of futures and options in hedging, speculation, and arbitrage strategies.
  • Show more
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Syllabus

Capital Markets Overview

Just a brief "hello" and explanation for you.

In this module, you will learn about major market segments and instrument types in the course.

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This module covers the economic functions of capital markets and their importance.

This module covers securities markets and the role of key market participants.

In this module, you will learn about the differences between commercial and investment banking.

This module covers the primary and secondary markets and their functions in the economy.

In this module, you will learn about the process and types of primary market offerings.

This module covers the roles and functions of financial intermediaries in the economy.

In this module, you will learn about the differences between securities and derivatives.

Fundamental Financial Mathematics
Introduction and Concepts

In this module, you will learn about the concept of interest rates, including how they are determined and how they impact economic decisions.

This module covers important international conventions related to the course material.

In this module, you will learn about the concept of the time value of money and its applications.

This module covers the basics of compounding and its applications in finance.

In this module, you will learn about the concept of continuous compounding and its applications.

This module covers the process of pricing zero coupon bonds and their characteristics.

In this module, you will learn about the process of pricing cash flows using present value techniques.

This module covers the relationship between bond prices and yields, and how they are impacted by market conditions.

In this module, you will learn about the process of pricing discount securities and the factors that impact their value.

This module covers bond equivalent yields and how they are used to compare different securities.

In this module, you will learn more about bond yields and how they are impacted by various factors.

This module covers the difference between yields and returns, and how they are used in finance.

In this module, you will learn about how assumptions impact bond yields and how to use them in financial analysis.

This module covers yield to maturity and its importance in the bond market.

Fixed Income Markets

In this module, you will learn about fixed income securities and their characteristics.

This module covers sources of return and types of risk associated with fixed income securities.

In this module, you will learn about government and government agency securities and their characteristics.

This module covers corporate and structured securities and their unique characteristics.

In this module, you will learn about bond pricing and valuation techniques.

This module covers yield curves, credit markets, and their relationship with the business cycle.

In this module, you will learn about the relationship between yield curves, monetary policy, and the real economy.

Equity Markets

This module covers equity securities and their unique characteristics and risks.

In this module, you will learn about the investment characteristics and valuation of equity securities.

This module covers the use of earnings multiples (P/E ratios) in equity valuation.

Currency and Derivatives Markets

In this module, you will learn about currency markets and the factors that impact exchange rates.

This module covers the types and characteristics of derivative contracts.

This module covers the real meaning of "Derivatives" and their use in managing risk, concluding the course.

Futures and Options

In this module, you will learn about the types and characteristics of derivative contracts.

This module covers the differences between derivatives and securities.

In this module, you will learn about the definition of derivatives and how they are used in finance.

This module covers futures terminology and contract features in the derivatives market.

In this module, you will learn about the process of physical delivery to close a futures position.

This module covers cash settlement in OTC derivatives markets.

This module covers the role of a futures clearinghouse and third party contracts in futures markets.

This module covers futures margins and the characteristics of futures contracts, including delivery terms and price quotes.

This module covers clearinghouse processes for futures trades and the role of third parties in futures contracts.

In this module, you will learn about the differences and similarities between futures contracts and their underlying positions, including the potential risks and benefits of each.


Learn how to use futures to manage risk and protect cash flow in this module on futures position cash flows and hedging strategies.

In this module you will learn about the risks and costs of taking a futures position, and how to use futures for hedging purposes.

In this module, you will learn about the costs associated with holding an asset over a period of time, known as carrying charges.

This module covers the use of cost of carry in determining forward prices and the shape of the forward pricing curve.

In this module, you will learn the fundamental features and terminology of options contracts.

This module includes examples of long call option positions and how they can be used in various market scenarios.

In this module, you will learn the basics of option pricing and how it is determined.

This module covers the concepts of time value, intrinsic value, and moniness in option pricing.

In this module, you will learn about long put, short call, and short put positions and how they can be used in various market scenarios.

This module covers the investment characteristics of options and how they differ from other financial instruments.

This module covers the use of option pricing and sensitivities, known as the option Greeks, in making informed trading decisions.

In this module, you will learn about option deltas and how they can be used to measure the price movement of options contracts.

This module covers the use of delta hedging to mitigate the risk of holding options contracts.

In this module, you will learn about delta neutral hedging through examples and how it can be used to manage risk in option trading.

This module covers the Black-Scholes model and the use of option volatility, specifically vega, in option pricing.

In this module, you will learn about implied volatility and how it is used in volatility trading strategies.

Last comments on this course and how to make it (and education) work for you.
Take-aways

Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Develops fundamental financial mathematics concepts and applies them to financial calculations and analyses, which is standard practice in investment and banking
Taught by a seasoned financial industry practitioner and executive with hands-on experience in capital markets, ensuring practical and real-world insights
Examines capital markets and financial markets and their role in the broader economic and financial system, providing a comprehensive understanding of their importance
Covers a wide range of topics, including fixed income markets, equity markets, and futures and options, providing a broad foundation in capital markets
Leverages online education and streaming to provide flexibility and accessibility for learners with varying schedules
Developed by Starweaver, a highly regarded training provider with a strong reputation in the financial industry

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Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The Complete Guide to the Global Capital Markets with these activities:
Seek out a mentor or advisor in the field of capital markets
Connect with experienced professionals to gain valuable insights and guidance in the field of capital markets.
Browse courses on Capital Markets
Show steps
  • Identify potential mentors or advisors within your network or through professional organizations.
  • Reach out to these individuals and express your interest in their mentorship.
  • Establish regular meetings or communication channels to engage with your mentor.
Review the book "The Future of Finance: The Digital Revolution of Asset Management" by Henri Arslanian
Expand your understanding of the evolving landscape of capital markets by exploring the insights shared in this industry-leading book.
Show steps
  • Obtain a copy of the book "The Future of Finance: The Digital Revolution of Asset Management".
  • Allocate dedicated time for reading and reflection.
  • Take notes or highlight key concepts presented in the book.
Attend a conference or industry event focused on capital markets
Expand your professional network and gain insights into industry trends by attending events tailored to capital markets.
Browse courses on Capital Markets
Show steps
  • Research and identify upcoming conferences or industry events related to capital markets.
  • Register for the event and make arrangements to attend.
  • Actively participate in sessions, workshops, and networking opportunities.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Follow a tutorial series on equity markets for deeper understanding
Review detailed video tutorials to expand your understanding of equity markets and their operations.
Browse courses on Equity Markets
Show steps
  • Identify a reputable series of tutorials on equity markets.
  • Allocate specific time each week to watch and engage with the tutorials.
  • Take notes or highlight key concepts covered in the tutorials.
Conduct practice calculations on fixed income returns
Strengthen your grasp of fixed income returns by working through practice problems and calculations.
Browse courses on Fixed Income
Show steps
  • Gather practice questions or problems on fixed income returns.
  • Attempt to solve the questions independently.
  • Check your solutions and identify areas for improvement.
Write a blog or article on the latest trends in capital markets
Research and compile information to create a comprehensive written piece on evolving trends within capital markets.
Browse courses on Capital Markets
Show steps
  • Identify a specific area of capital markets to focus on.
  • Conduct thorough research using credible sources.
  • Organize your thoughts and outline the key points.
  • Write a compelling and informative article or blog post.
  • Seek feedback and publish your work for others to learn from.
Simulate a stock trading scenario to test your understanding of derivative markets
Engage in a hands-on simulation to apply your knowledge of derivative markets and risk management strategies.
Show steps
  • Select an online trading platform that offers a simulated trading environment.
  • Familiarize yourself with the platform and its features.
  • Create a mock portfolio and start trading various derivative instruments.
  • Monitor your trades and analyze your performance.
  • Reflect on your decisions and make adjustments to your strategy as needed.
Contribute to an open-source project related to financial data analysis
Engage in a collaborative project to enhance your skills in financial data analysis and contribute to the open-source community.
Browse courses on Financial Data Analysis
Show steps
  • Identify an open-source project focused on financial data analysis.
  • Review the project's documentation and familiarize yourself with its goals.
  • Identify an area where you can contribute your skills or knowledge.
  • Reach out to the project maintainers and propose your contribution.
  • Develop and submit your contributions to the project.

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