Equities - Part 4 (2020)


This eCourse consists of two modules. Module 1 explores the history of the Hong Kong equity market, as well as the position it holds in the world of finance today. Many factors, including its special relationship with China and the sophistication of its capital market platforms, have made Hong Kong one of the most important financial centers in the world.

Module 2 explores the history of the UK equity market, from its historic foundations to the recent changes brought about by the MiFID regime. The structure of the London Stock Exchange is closely detailed. The growth in off-exchange venues such as dark pools is also discussed, as well as automated and high frequency trading (HFT) and the potential problems that such trading activity can have in the equity markets.


On completion of this course, you will be able to:
- List the stock exchanges, market regulators, stock indexes, and types of security in the Hong Kong market
- Describe the listing, trading, and settlement procedures for equities in Hong Kong
- List key developments in the growth and development of equity trading in the UK, from its roots in the 16th and 17th centuries to its operations today
- Quantify the impact of the MiFID regime on equity trading in the UK
- Name the different types of alternative trading venue that are now available to investors
- List the changes brought about in the field of equity trading in recent years by technological development, such as high frequency trading


Module 1: Hong Kong Equity Market
Topic 1: Market Overview
Topic 2: Indices
Topic 3: Listing
Topic 4: Trading Systems

Module 2: UK Equity Market
Topic 1: History & Development of Equity Trading in the UK
Topic 2: London Stock Exchange
Topic 3: Market Structure & Development


Relevant Subject
Type 1 - Dealing in securities
Type 4 - Advising on securities
Type 6 - Advising on corporate finance
Type 9 - Asset management
SFC:1.50, PWMA:1.50
All Member: HK$425
Staff of Corporate Member: HK$425
Non-Member: HK$630