MiFID II - Overview of International Financial Markets (EN)

The persons concerned by the Training Programme are all persons placed under the authority of a professional (or acting on his behalf) subject to prudential supervision by the CSSF, i.e.individuals providing investment advice (“Advisory profile”) or information (“Information profile”)on financial instruments, investment services or ancillary services to clients.

This module provides a thorough grasp of financial markets, their structure, components, and participants. It covers organised and OTC markets, diverse financial instruments, securities and derivatives activities, and the roles of manufacturers, distributors, banks, and regulators. The course encompasses MiFID updates, forthcoming trends, and crucial insights.

Module 2 presents the financial markets structure, the key elements thereof along with the activities and the participants. It concludes on an outlook of future trends. More specifically, the content of module 2 provides an overview of:

• Financial Markets
  • Organised Markets – RM, MTF, OTF
  • OTC Markets – OTC, SI
  • Instrument Types
  • Geography
  • Activities – Primary vs. Secondary Market
• Financial Instruments
  • Debt Instruments
  • Equities
  • Investment Funds
  • Derivatives
• Activities in Financial Markets
  • Securities Front Office
  • Securities Middle Office
  • Securities Back Office
  • Payments
  • Investment Funds
  • Derivatives
• Players in Financial Markets
  • Manufacturers
  • Distributors
  • Banks
  • (I)CSDs
  • Regulators
• MiFID Update
  • MiFID Since its Inception
  • New ESG Framework
  • Relief Package
  • MiFID II/MiFIR Amendments
  • Digital Finance
  • After MiFID II, Comes MiFID III, Right?
• Future Issues
• Key Messages
• Bibliography and References
• Appendices

This module is part of the MiFID II Certification. For more details about this Certification, please click here .

Experienced professional specialists selected on the basis of their in-depth knowledge of markets and financial products under MiFID rules I and II, and ESMA criteria.

English or French (course material: English only)