Shares - Fundamentals

After this course, you will understand the operating principles and organisation of the share market, having analysed:

• The source and development of variable incomethese securities
• The players and parties involved
• The basic characteristics of shares (physical presentation, types of shares, shares which do or do not represent capital…) and the regulatory aspects relating to their issue
• The various types of share markets and categories, not forgetting the new market organisations including requirements laid down by MIF 2 (MIFIR and MiFID 2)
• The main corporate actions (CAs) on these securities (simple and complex corporate actions)
• The risks involved in investing in shares
• The rights and obligations of shareholders
• The main tools for valuing a share
• The main area of use in the banking and financial field

• The origins of variable income securities
• International development and changes in the equity market
• IMPACT AND CONSTRAINTS OF MIFIR AND MIFID I AND II IN TERMS OF MARKET ORGANISATION AND TRANSPARENCY
• Remuneration of the bank
• DESCRIPTION OF DISINTERMEDIATION
• Types of players and parties involved
• Basic characteristics
• THE VARIOUS TYPES OF MARKETS AND INDICES
• ORGANISATION OF AN EQUITY MARKET
  • Conditions of admission
  • Flotation procedures
  • Listing
  • Settlement and delivery
• SHARE ISSUES ON FORMATION OF A COMPANY AND REGULATORY ASPECTS
• THE VARIOUS TYPES OF SHARES
• THE MAIN CORPORATE ACTIONS - CAs
  • Increase in capital
  • Detachment of dividend
  • Takeover bid, share exchange, public buyback offer
• TOPOGRAPHY AND ASSESSMENT OF THE RISKS INHERENT IN AN INVESTMENT IN SHARES
• RIGHTS AND OBLIGATIONS OF THE SHAREHOLDER
• IMPORTANCE OF FINANCIAL INFORMATION
• THE PRINCIPLES AND FOUNDATIONS OF VALUING A SHARE
• REMUNERATION OF THE BANK