An intensive workshop offering participants the opportunity to get to grips with the different instruments traded on the JSE and over-the-counter markets in South Africa. This workshop will explain the nature of the various instruments, their application and uses as well as the risk involved in trading in these instruments. The jargon used in the markets will be demystified
The Equity Market and Instruments Traded
- The participants in the equity market
- Ordinary shares vs. other classes of shares
- The rights of a shareholder
- Distinguishing between listed and unlisted companies
- Share valuation and the impact of bull and bear markets
- The income earned on equities
- Debentures as an alternative to ordinary shares
- Preference shares as an alternative to ordinary shares
- Unit trusts and collective investment schemes
- The risks of trading in the equity market
The Bond Market and Instruments Traded
- The participants in the bond market
- Government bonds
- Corporate and other forms of bonds
- How bonds are issued and for what purpose
- The importance of government bonds as an investment class
- Securitized instruments
- The repo market and the link between the money market and the bond market
- The risks of trading in the bond market
The Derivatives Market and Instruments Traded
- The participants in the derivatives market
- Over-the-counter derivative instruments
- Interest rate swaps and Forward Rate Agreements
- Distinguishing between option contracts and forward of futures contracts
- Exchange-traded derivative instruments
- The financial derivative instruments traded on the various JSE markets
- Index futures and single stock futures
- The instruments traded on the JSE commodity Derivatives market
- Maize futures and other grain and oil seed contracts
- Options on futures and how options differ from futures
- The risks of trading in the derivatives market
The Foreign Exchange Market and Instruments Traded
- The participants in the foreign exchange market
- The regulation of the foreign exchange market
- Foreign exchange spot and forward contracts
- The importance of Exchange Control adherence
- The risks of trading in the foreign exchange market
The Money Market and Instruments Traded
- The participants in the money market
- Cash held with banks and Negotiable Certificates of Deposit
- Bankers Acceptances – trade bills used by commerce
- Treasury Bills – how they are issued and traded in the market
- Promissory Notes – how they are used in the market
- Commercial Paper – the issue of commercial paper and regulation of this market
- The risks of trading in the money market
Workshop Summary and Questions
André holds BCom Honours degree from UNISA and is a CAIB (SA) with the Institute of Bankers in SA.
André is a Fellow of the South African Institute of Financial Markets and has served as a Governor on the board for over 17 years. He has extensive knowledge of banking, treasury and finance products.
André worked in the treasury at Nedcor for 9 years, where he traded money and bond markets. While at Nedcor, he was instrumental in establishing the interest rate derivative trading desk. André worked at two major interdealer brokers as a Director responsible for Interest rate derivative broking.
André worked at ABSA as Head of their agricultural derivatives trading desk in 1994. During his time at ABSA, André sat on the executive committee of the SA futures Exchange Agricultural Markets Division.
André worked for the SA Futures Exchange for a year as Assistant General Manager responsible for interest rate product development.
The ACI Financial Markets Association recognizes André as a training provider for both the ACI Dealing and Operations Certificate programs.
André has been training for 16 years and is extensively traveled having facilitated workshops and training interventions for many of the large multinational financial institutions from introductory to advanced level in Singapore, Hong Kong, Dubai, Oman, KSA, Malaysia, China, Sri Lanka, India, Pakistan, Uganda, Malawi, Zimbabwe, Zambia, Namibia, Kenya, Nigeria, Ghana, and South Africa. He consults to a number of companies on treasury product implementation and hedging.
André has conducted over 100 ACI Workshops internationally with an outstanding first time pass rate for both the ACI Dealing and Operations certificate.
André authored a book titled “Introduction to Derivatives – A South African Perspective”.
The workshop will be offered online whereby a delegate whose attendance has been confirmed in writing will receive by email –
- a copy of the power point slides to be used in the workshop
- a link to join the online workshop at the set time
CPD for FAIS purposes
This workshop provides verifiable CPD points in terms of the Determination of Fit and Proper Requirements for Financial Services Providers, BN 194 of 2017, provided that the content is appropriate for your role within the company. A certificate of attendance will be issued that could be submitted to your company’s compliance officer. The number of verifiable CPD hours will be 10 hours.
CPD for SAIFM members’ purposes
This workshop provides verifiable CPD points in terms of the CPD policy of SAIFM provided that the content is appropriate for your current or future role within the company. A certificate of attendance will be issued, which should be retained and submitted should you be selected for a SAIFM member CPD audit. The number of verifiable CPD hours will be 10 hours.
All bookings and enquiries can be directed to Melissa Joao: email@example.com / 011 802 4768
DATE 26 – 27 February 2024
TIME 09H00 – 15H00
SAIFM Full members. R6146.75 VAT inclusive
SAIFM Affiliate members. R6727.50 VAT inclusive
KINDLY NOTE: Closing date for bookings and receipt of payment is 25 January 2024.
Disclaimer: While every effort is made to ensure that confirmed workshops continue uninterrupted, it may happen in rare circumstances that we are obliged to cancel. In such a case, a full refund will be made for the workshop or an alternate date arranged at the convenience of the attendees. It is recommended that uncapped wifi/fibre is made use of for the duration of the workshop. All data costs incurred will be for your own account.