Trade Pricing and Execution delve into the intricacies of determining fair prices for financial instruments and the methods employed for their execution.

US$104 per 365 days


What is Trade Processing:

To some people, the whole area of trade processing represents the less glamorous side of the securities industry. However, without the efficient management of trade throughout its lifecycle, much of the benefits from trade could be lost.

It may take a split second to make a trade, but it can take a lot of effort and support to settle that trade. Each trade transacted in the financial markets requires processing and monitoring while live and until any settlement has been made and accounted for. The cost of settlement failure can be substantial for firms, both from a profit point of view and the reputational risk to firms.

The clearing and settlement of derivatives have been the focus of many regulators since the financial crisis. The clearing of derivatives is gradually moving to recognized clearinghouses.

Why it is important:

This course describes the lifecycle of trades in the financial and derivatives markets, from the time of purchase to the settlement date. It details the key steps required to process trades as they progress through a typical trade lifecycle.

You will explore in this course the fundamentals of trade processing; the key market players involved in the execution, clearing, and settlement of trades; the typical lifecycle of equity, fixed income, foreign exchange, and derivatives trades; the risks associated with the trade processing function, and the management of these risks; and how trades are reconciled and accounted for.

What will you learn:

  1. Trading Background
  2. Asset Classes and Trade Types
  3. Overview of Trade Lifecycle
  4. Credit and Market Risks
  5. Trade Processing Operational Risks
  6. New Customers/ Client Onboarding
  7. New business/ products
  8. Trade Pricing
  9. Trade Pricing and Execution
  10. Trade Booking and Capture
  11. Risk & PL Reporting
  12. The Confirmation Process
  13. The Settlement Process
  14. Ongoing Position and Trade Management

Target audience:

Recruits to institutions with equities, foreign exchange or fixed income operations; settlement, corporate action and custody staff; client service representatives, and operations and support staff looking to further their product settlement knowledge.


  1. Trade Processing: Trading Background
  2. Trade Processing: Asset Classes and Trade Types
  3. Trade Processing: Overview of Trade Lifecycle
  4. Trade Processing: Credit and Market Risks
  5. Trade Processing: Operational Risks
  6. Trade Processing: New Customers Client Onboarding
  7. Trade Processing: New Business Products
  8. Trade Processing: Trade Pricing
  9. Trade Processing: Trade Pricing and Execution
  10. Trade Processing: Trade Booking and Capture
  11. Trade Processing: Risk and P&L Reporting
  12. Trade Processing: The Confirmation Process (Part 1)
  13. Trade Processing: The Settlement Process (Part 1)
  14. The Role of Banks

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