Course 05
Understanding financial markets
How they work, their instruments and their risks
What you will learn
- Explain the role of the financial system and of markets in funding the economy.
- Tell apart the primary and secondary markets, and regulated and over-the-counter markets.
- Identify the main intermediaries and market infrastructures.
- Understand the differences between the money market, bonds, shares and investment funds.
- Understand price, yield, liquidity, volatility and credit risk.
- Understand how a stock market order works and what it costs.
- Read stock indices, credit ratings and information documents with care.
- 1. The financial system and the role of markets
- 2. Players, infrastructures and market organisation
- 3. Money markets and interest-rate instruments
- 4. Bond markets and stock markets
- 5. Funds, ETFs and market indices
- 6. Orders, prices, risks and reading information
- Final part. Exercises, quiz and final project
49 €