Contemporary Investments: Chapter 6 Chapter 6 INVESTOR PARTICIPATION IN THE FINANCIAL MARKETS How should investors choose a broker? What are the various.

Slides:



Advertisements
Similar presentations
Stock is partial ownership of a company It can be bought and sold Its value can rise and fall The representatives of the shareholders (owners) are that.
Advertisements

Primary Market Investment Banking Process –Basic services: Advice Underwriting Distribution –Competitive Underwriting –Negotiated underwritng Private Placement.
1 Chapter 1 Web Extension 1B A Closer Look at the Stock Markets.
Salaar - Finance Capital Markets Winter Semester 2009 Lahore School of Economics Salaar Farooq – Assistant Professor.
Fall-02 Investments Zvi Wiener tel: How securities are traded BKM.
McGraw-Hill/Irwin © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Securities Markets CHAPTER 3.
Chapter 16: Buying and Selling Securities. Objectives Explain the operation and regulation of securities markets. Discuss factors to consider when selecting.
McGraw-Hill/Irwin © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Securities Markets CHAPTER 3.
CHAPTER THREE SECURITY MARKETS. TYPES OF SECURITY MARKETS n CALL MARKETS have posted hours for trading only “called” securities are for sale to those.
Investments BSC III Winter Semester 2010 Lahore School of Economics.
 The McGraw-Hill Companies, Inc., 1999 INVESTMENTS Fourth Edition Bodie Kane Marcus 3-1 Irwin/McGraw-Hill How Securities are Traded Chapter 3.
How Securities Are Traded Chapter 5. Explain the role of brokerage firms and stockbrokers. Describe how brokerage firms operate. Outline how orders to.
Contemporary Investments: Chapter 5 Chapter 5 ORGANIZATION OF THE FINANCIAL MARKETS What are the different types of financial markets? How do the primary.
Chapter 9 Section 9.3 – Buying and Selling Stock.
THE MARKETPLACE CHAPTER THREE Practical Investment Management Robert A. Strong.
1 How Securities Are Traded Chapter 5 Jones, Investments: Analysis and Management.
INVESTMENTS: Analysis and Management Third Canadian Edition
FIN352 Vicentiu Covrig 1 How Securities are Traded (chapter 5)
Prentice-Hall, Inc.1 Chapter 12 Securities Markets.
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 15 Understanding Securities and Investments.
Chapter 5 How Securities Are Traded. Brokerage firms earn commissions on executed trades, sales loads on mutual funds, profits from securities sold from.
The NYSE Personal Finance Mrs. Brewer. The Stock Market Review O pa.org/SafeVideos/Video.aspx?id=hjuMlola Ko4 pa.org/SafeVideos/Video.aspx?id=hjuMlola.
Chapter 12: Market Microstructure and Strategies
Learning Objectives Explain the role of brokerage firms and stockbrokers. Explain how shares in public companies are “traded” Know different types of buy.
How Securities Are Traded
CHAPTER THREE THE MARKETPLACE © 2001 South-Western College Publishing.
McGraw-Hill/Irwin © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Securities Markets CHAPTER 3.
McGraw-Hill/Irwin Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 3 How Securities Are Traded.
All Rights Reserved Dr. David P Echevarria 1 MARKET MICROSTRUCTURE AND STRATEGIES CHAPTER 12.
Chapter 3 (BKM)1 How Securities Are Traded Chapter 3 (BKM) Finance 650 Spring 1999 Lecture notes prepared by: Dr. Susan D. Jordan.
How Securities are Traded
Chapter 3 How Securities are Traded.
Bodie Kane Marcus Perrakis RyanINVESTMENTS, Fourth Canadian Edition Copyright © McGraw-Hill Ryerson Limited, 2003 Slide 3-1 Chapter 3.
Chapter 16 Investment Information and Transactions Lawrence J. Gitman Jeff Madura Introduction to Finance.
McGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 3-1 How Securities Are Traded Chapter 3.
Chapter 3 How Securities are Traded. McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. Primary vs. Secondary Security Sales.
1 Securities Markets Chapter 4 Jones, Investments: Analysis and Management.
Principles of Investing FIN 330 Chapter 3 Participation in the Market Dr. David P EchevarriaAll Rights Reserved1.
The NYSE Personal Finance Mrs. Brewer. The Stock Market Review O pa.org/SafeVideos/Video.aspx?id=hjuMlola Ko4 pa.org/SafeVideos/Video.aspx?id=hjuMlola.
CHAPTER THREE THE MARKETPLACE Practical Investment Management Robert A. Strong.
Chapter 5 Charles P. Jones, Investments: Analysis and Management, Twelfth Edition, John Wiley & Sons 5- 1.
©2007, The McGraw-Hill Companies, All Rights Reserved 9-1 McGraw-Hill/Irwin Chapter Nine Stock Markets.
© 2013 Pearson Education, Inc. All rights reserved.12-1 Chapter 12 Securities Markets.
CHAPTER FOUR Securities Markets Cleary / Jones Investments: Analysis and Management.
1 Chapter 12 Market Microstructure and Strategies Financial Markets and Institutions, 7e, Jeff Madura Copyright ©2006 by South-Western, a division of Thomson.
Copyright © 2003 South-Western/Thomson Learning. All rights reserved. Chapter 3 Security Markets.
Copyright © Cengage Learning. All rights reserved How Securities Are Bought and Sold Securities are usually exchanged with the help of an account executive.
Investments, 8 th edition Bodie, Kane and Marcus Slides by Susan Hine McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights.
Types of Investments. Journal 12/9/15 If you could be the owner of one major corporation, which corporation would you choose and why?
Chapter 3 How Securities are Traded. McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. Primary vs. Secondary Security Sales.
PRIMARY VERSUS SECONDARY MARKETS
Chapter 12 Buying and Selling Investments. Slide 2 What Are Sources of Investing Information? 12-1 Researching Investments and Markets Magazines Newspapers.
CHAPTER FIVE How Securities Are Traded Cleary / Jones Investments: Analysis and Management.
PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved. Chapter 15 Understanding Securities and Investments.
Chapter 4 The Role of Securities Markets. Security Markets Organized exchanges –NYSE and the AMEX –The listing of securities Over-the-counter markets.
5-1 Chapter 5 Charles P. Jones, Investments: Analysis and Management, Tenth Edition, John Wiley & Sons Prepared by G.D. Koppenhaver, Iowa State University.
CHAPTER 3 Investments How Securities Are Traded Slides by Richard D. Johnson Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved McGraw-Hill/Irwin.
Stocks. Brokerage Firms and Account Executives An account executive, or stockbroker, is a licensed individual who buys and sells securities for his or.
Investment Planning Chapter 11. Investing Placing money in some medium such as stocks, bonds or real estate in the expectation of receiving some future.
CHAPTER 3 Securities Markets.
Chapter 12 Securities Markets.
How Securities are Traded
How Securities Are Traded
Basic Finance Securities Markets
Basic Finance Securities Markets
How Securities Are Traded
How Securities Are Traded
Buying and Selling Securities
Chapter 12 Securities Markets.
16 Investment Information and Transactions Introduction to Finance
Presentation transcript:

Contemporary Investments: Chapter 6 Chapter 6 INVESTOR PARTICIPATION IN THE FINANCIAL MARKETS How should investors choose a broker? What are the various types of orders placed by investors? What is cyber trading? What are block trades and program trading? Who regulates the financial markets and protects investors?

Contemporary Investments: Chapter 6 Choosing a broker Types of brokerage firms Full service firms Discount firms Deep discount firms Cyber (electronic) brokers Buying securities without a broker

Contemporary Investments: Chapter 6 Dividend reinvestment plans No-load stock purchase programs

Contemporary Investments: Chapter 6 Types of orders Market order –Definition How it is executed on the NYSE How it is executed on Nasdaq Spreads and decimal pricing Clearing procedures Limit orders Stop (or stop-loss) orders

Contemporary Investments: Chapter 6 Margin transactions What is a margin transaction Initial and maintenance margin requirements Margin calls Risk/return characteristics of margin transactions Short sales

Contemporary Investments: Chapter 6 Figure 6.2 – Illustration of Cash versus Margin Purchase

Contemporary Investments: Chapter 6 Cyber trading History of cyber trading Advantages and disadvantages of cyber trading Low cost Easy, 24 hour access Delays in order execution –Margin calls are not required Day trading

Contemporary Investments: Chapter 6 Block trades and program trading Block trades Definition The creation of block houses and the third market

Contemporary Investments: Chapter 6 Program trading Wall Street definition Index arbitrage Circuit breakers employed by NYSE

Contemporary Investments: Chapter 6 Investor protection Importance of investor confidence Government regulation in the United States The Securities & Exchange Commission Regulatory philosophy Full and fair disclosure Prospectus Insider trading State regulation

Contemporary Investments: Chapter 6 Securities regulation in other countries Modeled on U.S. regulation Japan Canada Industry self regulation Professional rules of conduct NASD rules AIMR standards Arbitration and discipline procedures Market surveillance

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.