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06877nam a22002657a 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION |
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20210317171311.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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210317b ||||| |||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
9781118843918 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
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| Classification number |
332.64068 |
| Item number |
DIC |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Dickinson, Keith |
| 245 ## - TITLE STATEMENT |
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| Title |
Financial market operations management |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Name of publisher, distributor, etc. |
Wiley |
| Place of publication, distribution, etc. |
West Sussex |
| Date of publication, distribution, etc. |
2015 |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
xxiii, 447 p. |
| 365 ## - TRADE PRICE |
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| Price type code |
USD |
| Price amount |
100.00 |
| 490 ## - SERIES STATEMENT |
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| Series statement |
Wiley finance series |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
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| Bibliography, etc. note |
TABLE OF CONTENTS<br/>Preface xix<br/><br/>Acknowledgements xxiii<br/><br/>PART ONE<br/><br/>CHAPTER 1 Introduction to Operations 3<br/><br/>1.1 Introduction 3<br/><br/>1.2 Organisational Structure of an Investment Company 5<br/><br/>1.3 Operations’ Relationships 10<br/><br/>1.4 Other Business Functions 13<br/><br/>1.5 Summary 15<br/><br/>CHAPTER 2 Financial Instruments 17<br/><br/>2.1 Introduction 17<br/><br/>2.2 Why Do We Issue Financial Instruments? 18<br/><br/>2.3 Money Market Instruments 19<br/><br/>2.4 Debt Instruments 26<br/><br/>2.5 Equity Instruments 38<br/><br/>2.6 Derivative Instruments 47<br/><br/>2.7 Exchange-Traded Derivatives 52<br/><br/>2.8 OTC Derivatives 71<br/><br/>2.9 Summary 81<br/><br/>CHAPTER 3 Data Management 83<br/><br/>3.1 Introduction 83<br/><br/>3.2 Importance of Reference Data and Standardisation 84<br/><br/>3.3 Types of Reference Data 86<br/><br/>3.4 Data Management 94<br/><br/>3.5 Legal Entity Identification 95<br/><br/>3.6 Summary 99<br/><br/>CHAPTER 4 Market Participation 101<br/><br/>4.1 Introduction 101<br/><br/>4.2 Market Players 102<br/><br/>4.3 Market Structure 131<br/><br/>4.4 Summary 137<br/><br/>PART TWO<br/><br/>CHAPTER 5 Clearing Houses and CCPs 141<br/><br/>5.1 Introduction 141<br/><br/>5.2 Overview of Clearing and Settlement 142<br/><br/>5.3 The Clearing House Model 143<br/><br/>5.4 The Central Counterparty Model 145<br/><br/>5.5 Features of CCPs and Clearing Houses 148<br/><br/>5.6 Summary 150<br/><br/>CHAPTER 6 Securities Depositories (CSDs and ICSDs) 151<br/><br/>6.1 Introduction 151<br/><br/>6.2 Historical Context 151<br/><br/>6.3 Definitions 154<br/><br/>6.4 Central Securities Depositories 154<br/><br/>6.5 International Central Securities Depositories 163<br/><br/>6.6 Linkages – Exchanges, Clearing Systems and CSDs 167<br/><br/>6.7 CSD Associations 171<br/><br/>6.8 Summary 173<br/><br/>CHAPTER 7 Securities Clearing 175<br/><br/>7.1 Introduction 175<br/><br/>7.2 Generic Clearing Cycle 176<br/><br/>7.3 Trade Capture 182<br/><br/>7.4 Trade Enrichment and Validation 184<br/><br/>7.5 Regulatory Reporting 186<br/><br/>7.6 Confirmation and Affirmation 188<br/><br/>7.7 Clearing Instructions 194<br/><br/>7.8 Forecasting – Cash 199<br/><br/>7.9 Forecasting – Securities 203<br/><br/>7.10 Summary 205<br/><br/>CHAPTER 8 Settlement and Fails Management 207<br/><br/>8.1 Introduction 207<br/><br/>8.2 The Different Types of Settlement 208<br/><br/>8.3 Delivery versus Payment 211<br/><br/>8.4 Free of Payment Settlement 215<br/><br/>8.5 Settlement Fails 217<br/><br/>8.6 The Move to Shorter Settlement Cycles 228<br/><br/>8.7 Summary 229<br/><br/>CHAPTER 9 Derivatives Clearing and Settlement 231<br/><br/>9.1 Introduction 231<br/><br/>9.2 Regulatory Changes 232<br/><br/>9.3 Exchange-Traded Derivatives Contracts 234<br/><br/>9.4 Cleared OTC Derivatives Contracts 240<br/><br/>9.5 Non-Cleared OTC Derivatives Contracts 245<br/><br/>9.6 Summary 255<br/><br/>PART THREE<br/><br/>CHAPTER 10 Custody and the Custodians 259<br/><br/>10.1 Introduction 259<br/><br/>10.2 Custody 260<br/><br/>10.3 Holding Securities 263<br/><br/>10.4 The Custodians 267<br/><br/>10.5 Target2Securities (T2S) 279<br/><br/>10.6 Summary 283<br/><br/>CHAPTER 11 Corporate Actions 285<br/><br/>11.1 Introduction 285<br/><br/>11.2 Types of Corporate Action Event 286<br/><br/>11.3 Participation in Corporate Actions 287<br/><br/>11.4 Entitlements, Key Dates and Claims 289<br/><br/>11.5 Corporate Action Event Processing 294<br/><br/>11.6 Information Flows 315<br/><br/>11.7 Corporate Action Risks 320<br/><br/>11.8 Industry Initiatives 323<br/><br/>11.9 Corporate Governance and Proxy Voting 328<br/><br/>11.10 Withholding Tax 333<br/><br/>11.11 Impact on Other Departments 337<br/><br/>11.12 Summary 340<br/><br/>Appendix 11.1: Corporate Action Event Type Categories 340<br/><br/>Appendix 11.2: Voluntary and Mandatory Events for Equities and Bonds 341<br/><br/>CHAPTER 12 Securities Financing 343<br/><br/>12.1 Introduction 343<br/><br/>12.2 Types of Securities Financing 344<br/><br/>12.3 The Players and Their Motivations 346<br/><br/>12.4 Intermediaries 352<br/><br/>12.5 Agreements and Code of Guidance 354<br/><br/>12.6 Securities Lending Lifecycle 356<br/><br/>12.7 Repurchase Agreement Lifecycle 370<br/><br/>12.8 Collateral and Margin 379<br/><br/>12.9 Default and Close-Out Provisions 384<br/><br/>12.10 Central Counterparty (CCP) Services 386<br/><br/>12.11 Summary 389<br/><br/>Appendix 12.1: Credit Ratings – Long Term 390<br/><br/>Appendix 12.2: Delivery by Value (DBV) Class List 391<br/><br/>Appendix 12.3: Technology Vendors 392<br/><br/>PART FOUR<br/><br/>CHAPTER 13 Accounting for Securities 395<br/><br/>13.1 Introduction 395<br/><br/>13.2 The Accounting Equation 397<br/><br/>13.3 The Accounting Lifecycle for Securities 400<br/><br/>13.4 Gains and Losses 405<br/><br/>13.5 The Accounting Lifecycle for Derivatives 411<br/><br/>13.6 Summary 416<br/><br/>Appendix 13.1: Closing Prices for Singapore Equities (SGX) 416<br/><br/>CHAPTER 14 Reconciliation 417<br/><br/>14.1 Introduction 417<br/><br/>14.2 Importance of Reconciliation 418<br/><br/>14.3 Types of Reconciliation 421<br/><br/>14.4 Automation of Reconciliations 427<br/><br/>14.5 Summary 428<br/><br/>About the Author 429<br/><br/>Index 431 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
DESCRIPTION<br/>A comprehensive text on financial market operations management<br/>Financial Market Operations Management offers anyone involved with administering, maintaining, and improving the IT systems within financial institutions a comprehensive text that covers all the essential information for managing operations. Written by Keith Dickinson—an expert on the topic—the book is comprehensive, practical, and covers the five essential areas of operations and management including participation and infrastructure, trade life cycle, asset servicing, technology, and the regulatory environment. This comprehensive guide also covers the limitations and boundaries of operational systems and focuses on their interaction with external parties including clients, counterparties, exchanges, and more.<br/><br/>This essential resource reviews the key aspects of operations management in detail, including an examination of the entire trade life cycle, new issue distribution of bonds and equities, securities financing, as well as corporate actions, accounting, and reconciliations. The author highlights specific operational processes and challenges and includes vital formulae, spreadsheet applications, and exhibits.<br/><br/>Offers a comprehensive resource for operational staff in financial services<br/>Covers the key aspects of operations management<br/>Highlights operational processes and challenges<br/>Includes an instructors manual, a test bank, and a solution manual<br/>This vital resource contains the information, processes, and illustrative examples needed for a clear understanding of financial market operations. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Finance |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Banks and banking |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Financial services industry--Management |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Investment advisors |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Financial instruments |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Financial services industry--Data processing |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Koha item type |
Book |