After the Trade is Made: Processing Securities Transactions
The fully updated classic guide to the mechanics of securities processing—a must for professional investors
This third edition of After the Trade Is Made reflects the changes that have taken place in recent years as a result of new products, technological breakthroughs, and the globalization of the securities industry. Comprehensive and easy to understand, it provides brokers, operations personnel, and individual investors with definitive and up-to-the-minute explanations of each step in the trading process—from the moment a customer decides to buy or sell a security through the final requirements of record keeping.
Written for both securities professionals and individual investors, whether domestic or in other countries, this new edition clearly explains the core of underwritings, new and established trading markets, transaction processing, margin, and more—while providing critical insights into the most recent wave of industry changes.
David M. Weiss, a veteran securities professional, traces the entire process of buying or selling a security, from order management to transaction processing to the final posting on the firm’s books and records. He covers the specialized attributes of each function in a typical brokerage firm, as well as their relationships with commercial banks, transfer agents, clearing corporations, and depositories.
After the Trade Is Made is the definitive resource for anyone eager to understand and confidently navigate the vast and often surprising world of securities.
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IB THE MARKETS
IE REGULATORY REPORTING
nA4 Corporate Bonds and Notes
nC U S TREASURY INSTRUMENTS
nE BANKISSUED SECURITIES
VH MAINTENANCE EXCESS
VK MARGIN DEPARTMENTS DAILY ROUTINE
VIC FAIL TO RECEIVEFAIL TO DELIVER
VIE CUSTODIAL SERVICES
VIH OPTION SETTLEMENT
VIJ MUTUAL FUND SETTLEMENT
IIG EXCHANGETRADED FUNDS ETFS
nJ FUTURES AND FORWARDS
nM AMERICAN DEPOSITARY RECEIPTS ADRs
n0 SUMMARY OF INVESTMENT PRODUCTS
mB ORDER ROUTING
mE THE THIRD MARKET
rvB CLIENT ACCOUNT CONTROL
rvG BALANCING OF THE CUSTOMER SIDE
iVj FUTURES COMPARISON
VF MARGINLONG POSITION
VG MARGINSHORT SALES
Other editions - View all
After the Trade Is Made, Revised Ed.: Processing Securities Transactions
David M. Weiss
Limited preview - 2006