Securities Markets
Reading
- Chapter 3: Securities Markets
Assignment
- Relative Value
Market Data
Bloomberg Introduction
Bloomberg News
Company Information from Bloomberg
Bloomberg Macroeconomics
- Market Capitalization by Michael McLaughlin @ Edspira
- Role of Financial Analyst by Michael McLaughlin @ Edspira
- Sellside vs Buyside by Michael McLaughlin @ Edspira
Market Failures
The Principle-Agent Problem
Asymmetric Information
The Market for Lemons by George Akerlof
Adverse Selection
Moral Hazard
Market Functions
Borrowers and Savers
- Businesses
- Households
- Government
Financial Intermediaries
Aggregating Savings and Securitization
- Introduction to Mutual Funds by Michael McLaughlin @ Edspira
- Characteristics of Mutual Funds by Michael McLaughlin @ Edspira
- What is an ETF? @ Marketplace APM
- Private Equity @ Marketplace APM
- Raising Capital as a Startup @ Khan Academy
Trading
Buying and Selling on Margin
- Long vs Short @ Khan Academy
- Long vs Short by Michael McLaughlin @ Edspira
- Long vs Short @ Marketplace APM
- Margin Calculations by Stephen Rush
Market Structure
- Market Makers
- Payment for Order Flow
- Why does the NYSE still need humans? @ Marketplace APM