Myanmar Stock Exchange

Curriculum of Basic Course for Securities Markets

 

                                                  Securities Markets/Businesses

                                                                Curriculum

                                                             (Basic Course)

                                                 Approximately 12 to 16 hours

Chapter (1)

Introduction to the Securities Markets

Financial Markets

Definition

Types of Financial Markets (Example 10 MIN)

The role of the Financial Markets

--History of a capital market

--Examples of the global company to develop using a capital market wisely

Money Markets

Definition

Functions of the Money Markets

Money Market Products / Instruments

Securities / Capital Markets

Definition

Type of Securities

Bonds

Features of Bonds

Types of Bonds by issuer

Treasure Bonds

Municipal Bonds

Corporate Bonds

Significant Types of Bonds by nature

Fixed Rate Bonds (Myanmar)

Floating Rate Notes

Zero-Coupon Bonds (Myanmar)

Convertible Bonds (Myanmar)

Exchangeable Bonds

Inflation-Index Bonds

Asset backed Bonds

Supreme Bonds (Potential Myanmar)

How the Bonds are traded

Basic thinking of Investing in Bonds`

Stocks/Shares

What is Stock/Share?

Types of Stock/Share

Common Stocks/Shares (Ordinary Shares)

Share Capital

Shares Authorized

Shares Issued

Shares Outstanding

Treasury Stocks

Preference Stocks/Shares (Preference Shares)

Features of Preference Stock/Shares

Significant types of Preference Stock/Shares

Prior preferred Stocks/Shares

Preference preferred Stocks/Shares

Convertible preferred Stocks/Shares

Exchangeable preferred Stocks/Shares

Cumulative preferred Stocks/Shares

How the Stocks/Shares are traded

Basic thinking of Investing in Stocks/Shares (Investment decision/source of information)

Type of Securities Market

Primary Market (Capital Raising)

Features of the Primary Market

Secondary Market/After Market (Trading)

Features of the Secondary Market

Market Participants

Issuers

Governments

Municipal Organizations

Corporations

Investors

Governments

Municipal Organizations

Institutions

Individuals

Intermediaries (Securities Companies)

Underwriters

Brokers

Dealers

Representatives

Advisories

Infrastructures

Legal framework (Regulation)

---Introduction of the Companies Act, Securities and Exchange Law, Rules and etc.

Prohibited Acts, as stipulated in Laws/Rules/Regulation (to be determined the location)

Securities Exchange Commission –SEC (Regulator)

Stock Exchange (Self-Regulation Body)

Over the Counter Market

Clearance and Settlement

Custody

Central Depositary System

Chapter (2)

Public Companies/Corporations

Formation of Public Company (New)

Registration

Memorandum of Association

Articles of Association

Capital Formation

Board of Directors

Conversion to Public Company

Re-registration

Special Resolution

Alteration of MOA and AOA

   Going Public

What is Going Public?

Why goes Public (Basics of a company's financial strategy)

What are the advantages?

What are the disadvantages?

The obligations of the Public Companies

Financial Reporting to Regulators

 Initial disclosure (Prospectus) to Public (Investors)

Continuous disclosure to Public (Investors)

Chapter (3)

Securities Companies

Type of Securities Companies

Functions of Securities Companies

Opening a securities account in Securities Companies

--Source of Investment decisions and how to put an order to stock exchange

How to put an order of Buy or Sell to the Securities Companies

--Illegal actions for stock trading

How the Securities Companies traded in Stock Exchange

How the Securities Companies traded in OTC

Chapter (4)

Stock Exchange

What is Stock Exchange?

The formation of the Stock Exchange

The functions of the Stock Exchange

Regulations of the Stock Exchange

Trading participants

Listing in Stock Exchange

`Listing criteria

Listing procedure

Trading in Stock Exchange

How to see a chart (movement of share price)

-Trading methods at the stock exchange in Myanmar

Role playing to buy and sell shares (get information, make an investment decision, send an order)

Chapter (5)

Over the Counter (OTC) Market

What is OTC Market?

The formation of the OTC

The functions of the OTC

Regulations of the OTC

Trading participants of OTC

Trading in OTC