L1 46 Market Organization and Structure

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Decks in this class (13)

Market Organization and Structure
Savers move pv to fv investors mo...,
A well functioning financial system,
Transaction costs of loans
9  cards
A. Fin. Sys. (People, IS, Efficient Allocation); explain the main functions of the financial system;
People and entities,
People use the financial system f...,
The main functions of the financi...
10  cards
B (describe classifications of assets and markets;) C. Asset and Market classes (describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes;)
+ major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes.
29  cards
D. describe types of financial intermediaries and services that they provide;
Financial intermediaries,
Brokers exchanges electronic and ...,
Dealers match buyers and sellers ...
14  cards
E. compare positions an investor can take in an asset;
A position in an asset,
A portfolio,
A leveraged position
8  cards
F. Calc and Interp Lev. Ratio, ROR on a margin trans., sec. price at margin call
Leverage a margin transaction,
Financial leverage leverage asset...,
Total return on amargined position
8  cards
G. Order Instructions (Execution, Validity, Clearing Instructions)
SchweserNotes: Book 4 p.211 CFA Program Curriculum: Vol.5 p.44
8  cards
H. compare Compare Market Orders and Limit Orders
SchweserNotes: Book 4 p.211 CFA Program Curriculum: Vol.5 p.45
2  cards
I. define primary and secondary markets and explain how secondary markets support primary markets;
SchweserNotes: Book 4 p.215 CFA Program Curriculum: Vol.5 p.50
3  cards
J. Describe how securities, contracts, and currencies are traded in quote-driven markets, order-driven markets and brokered markets.
For further reference: SchweserNotes: Book 4 p.216 CFA Program Curriculum: Vol.5 p.55
5  cards
K. Describe Characteristics of a Well-Functioning Financial System
SchweserNotes: Book 4 p.218 CFA Program Curriculum: Vol.5 p.58
2  cards
L. Describe the Objectives of Market Regulation
SchweserNotes: Book 4 p.219 CFA Program Curriculum: Vol.5 p.61
3  cards
Introduction
Financial analysts gather and pro...
1  cards

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L1 46 Market Organization and Structure

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