An Introduction to Equity Markets Course Agenda
09:00 Welcome and introduction to course objectives
09:10 The development of London Stock Exchange over time
- Brief history and major milestones of London Stock Exchange Group
- Key functions of an exchange
09:45 Primary Markets
- How and why companies issue equity
- Types of flotation and further capital raising
- Role of the UKLA and London Stock Exchange in capital markets
10.30 Coffee
10.45 Primary Markets
- Main Market
- AIM
- Professional Securities Market (PSM)
- Specialist Fund Market (SFM)
11:45 Secondary Markets
- Instruments traded
- Key market participants
12.30 Lunch
13.30 Secondary Markets
- Evolution of the trading markets
- Membership, trading connectivity and Rulebook
- Quote-driven trading
- SETS order book trading
15:00 Coffee
15.15 The Panel on Takeovers and Mergers (POTAM)
- The role of POTAM
- Principles of the City Code on Takeovers and Mergers
- UK and European legislative position
15.45 The role of London Stock Exchange in regulating the markets
- Role of RNS in the dissemination of inside information
- Market abuse
- Market monitoring
16.15 How is a company’s closing share price arrived at each day?
- How closing prices are determined
- Understanding the auction process
- Live demonstration
- Watch the crossing and uncrossing process unfold through a live feed to the market
16.45 – 17:00 Conclusion
- Equity market challenge prize giving