MICHAEL SIMMONS has spent the majority of his working life within the operational areas of stockbroking and international investment banking firms, most notably with the S.G. Warburg group in London. Having gained a detailed understanding of various back office tasks through many years of hands-on experience, he assumed managerial responsibility for a number of operational areas.
In recent years, Michael has worked for Wilco International in London (part of the ADP group of companies, headquartered in the U.S., suppliers of software systems to the global financial community), where he heads up a team of securities industry specialists. Michael's area of expertise includes the analysis of the business needs of companies operating in various capacities within the securities industry and in different geographical locations. In addition, he has created and runs training courses on the workings of the securities industry and associated operational aspects to audiences around the world.
Essential Trading and Settlement Concepts.
The Securities Marketplace.
Bringing Securities to the Securities Marketplace.
Structure of a Securities Trading Organisation.
Trade Cash Value Calculation
The Trade Lifecycle and Straight Through Processing
Trade Execution and Capture.
The Role of the Custodian
Pre-Value Date Settlement Instruction Statuses
Reflecting Trade Settlement Internally
Position and Trade Related Operations
Securities Lending & Borrowing.
Objectives and Initiatives