Intermediateterm资料.pptVIP

TopicΠ Financial Instruments Global Investment Choices Fixed Income Investments Money Market Instruments Fixed Income Securities─Capital Market Fixed Income Securities─Capital Market Fixed Income Securities─Capital Market Equity Securities American Depository Receipts Derivative Securities Derivatives: Options Derivatives: Futures Managed Investments Historic Return and Risk Return/Risk: Characteristics Return/Risk: focuses Summarizing the Historic Data World Portfolio Performance Financial Markets and Market Structures Types of markets Characteristics of A Good Market Primary Capital Markets Primary Markets:Common Stock Rule 415: Shelf Regis tration Private Placements and Rule 144A Primary Markets:Government Bond Primary Markets: Corporate Bond Secondary Markets Secondary Bond Markets Secondary Market Trading Systems Call Versus Continuous Markets Exchange Membership Major Types of Orders Margin Trading :Example (I) Margin Trading :Example (II) Short Sales : Example (I) Short Sales : Example II 擔保維持率 Changes in the Securities Markets New Trading Systems Global Market Changes (I) Global Market Changes (II) Future Developments SECURITY MARKET INDICATOR SERIES What is an indicator series? Uses of Security Market Index Factors in Constructing Market Indicator Series Stock-Market Indicator Series DIJA: Computation Value Weighted Series 台灣發行量加權股價指數 Taiwan TAIEX : Example Unweighted Price Indicator Series Unweighed Index:Example Value Line Index Style Indexes Global Equity Indexes Comparison of World Stock Indexes Bond-Market Indicator Series Difficulties in Creating a Bond-Market Index Bond Market Index Series Comparison of Indexes Over Time Stock Split If Stock A splits 2:1 on 4/1 51 50 C 37 35 B $20 $ A 4/2 4/1 Stocks Prices ? Price ? #shares ? A $40 $20 100 200 B 35 37 100 100 C 50 51 100 100 Stock 4/1 4/2 4/1 4/2 Price A $40 $20 B $35 $37 C $50 $51 Stock 4/1 4/2 Measure the performance of various