- -

~ C•"™~- .
~ <l)71-'-'- ""'-> ,-,,{ -, f'>'B-,- ., _
(.o .., s

d J s J ,~
._,.,t I

~ Co..hr<><-1s
V o 'd

i .b...d, ~ U>..,1'M<:ll: ON:;-J' · 1

~IQ I Co,,-\o..c.ttJ C'.... 4-h.<1- f.
C) L\.0 ~j r c, ,,l ,.q<:;(•,

t ~l"'-'-,,, -1 · ~ Ut~;, ".

;
-
®I
[ o Y "l r' T li S L !n
o~~Y) Co+"':! <\ nd pqr1 fne.naJ...;l>
I ·rJ 2 , .: .,
\..i <>b, •: q'f\f.,,eT'A..,, ,
I; _ ; ., ,, ,i k d
.( c, om f"'Y>j

~ vi i:,.,,; t~ ~
~ \.vb~~d,0i~ , L; Y'Yl; r<..d v
C:

q,,J

<(., t ·a....[/•/,,,·1~·~,
..
.J
 -

I
I.
I

1
 .
~ I
r > ,, • •
,Q 5 q l ) '"\_tt-U..-., •· t '
' .

, , 1 r
.
' (1 1>1 ).J ~ 1...J :," ' ~l.~"' ' r
"

• I • fl .
' .t >

..,. I•r
I u. I..(' I C. -("'-
 FINANC IAL MARKF.n; ANl'I I NSTITI JT I ONS

Pnthnk J3 . on lnd1 nn Fm:mc inl S)~lcm f4 'ti cd) PC':'l"On rub1i c.n lion fChnp, er 6.R I
4

Sl'lundc:~. Anthony 1.t Cornell , M:\rcil\ ~1d1C'n o n fin :r nc.iol Mnrk~l.5 l!nJ l nst1t11hon,
13'" Ed.) T,ta
McGrnw Mill /chnptcr 9 1

UnlllV
(3 Wttk•)
Money Markets & Debt Markets in India: Money Market·· Menning • rol c" nd par11c1pnnts
· · ·
1n mone y
markets. Segments of money markets , Cnll Money Mnrkcls • Rcpos. an t I reverse Rcpo concepts.
Treasury Bill Markets. Mnrkct for Commercia l Paper, Commercial 11,lls and Certificate or Deposit.
Role of STC I and DF HI in money market, Debi Morkct: Introdu ction and meaning. Market for
Government/Debt Securities in Ind ia. Secondary market for government/debt securities, Over-
subscription and devolvcmcnt of Government Securilies. Government sccuntte s issued by State
Governments. Munic ipal Bonds, Corporate Bonds vs. Government Bonds
Rdercnrcs:
Pathak. B. on Indi an Financial S~tcm (4'• ed.) Pearson Publicatton (Chapter IOJ
S:iundas, Anthon)' & Cornet t, Marcia Millon on Financial Markets and lnsmuiions (}"' Ed. ). T ala
McGraw Hill [chapter 5,61

Tnt Books:
J. Saunders. Anthony & Corne tt , Marcia Millon (2007). Financial Mnrkcts and Institutions Ord
Ed .). Tata McGraw Hill
2. Jeff Mad ura, Financial Institutions and Markets, Cengagc Leaming EMEA, 2008
3. Meir G. Kom (Latest ed) Financial Ins titutions and Market s, Oxford University Press. 2004

Teaching Learning Process:

Class room lecture. Case study d iscussion, Numerical Problem solving, Class presentation on
the assi gned topic by students individually o r in group. Wo rk.shop. Tutorials. Ro le: play

Assessment Method
Internal evaluation of25% marks
a. Attendance 5% marks
b. Two internal evaluations b y the teacher with I 0 % marks each out of which one must
be a class test and other may be another test or home assignment o r presentation.
Faculty may take mo re than two assignments and (or) tests b ut tota l will be only
20% marks.
End term University Exam o f7 5% marks

Key Words: Indian Financ ial System, Money M arket, Core banking solution, Margin trading.
Al gori thmic trading Page 33 o f 118
 FINANCIAL MARKETS ANO INSTITUTIONS

O nline IPO. Boo k IJuilcl ing o f Share s, Disinvcs1mcnt o f PSU. Emplo:,,::es S tock Op tions,
P rcfcrcnti nl Issue of Shnrc.s, \/cnlnrc Cnpi lal, Privn1e Ec111ity, Performance o f Primnry M arket in
Ind ia. Co1pomtc Lisl ings : Lisling nml Dclisting (>f C orporntc S tocks .
R<"f<'r<'n<"r~:
Kimi\ M . Y o n Finnncinl Services (8 '' (~l) Mc C.mw I fill Edu~nl ion [Ch nplcr 7)
Nnltonal S1ock Exchange on !isling of Sccuri1 ies:

https :l/www.nsci ndin .com/ con>Qrotcs/ conlc111/'d iJtibil.i!y_gjmi;iJ11.m

Pn1hnk. B. on lmlinn Finnucinl S}~lcm (4" ed.) Pcurson Publication [Chnplcr 6,7]
SEBI guidelines on dcli s1i11g of scc11ri11es: hllps ://www.scbi.gov ,in/lega l/rcgul:11 io~/ iun-200?/scb i• dclis1ing·
of-cg 11j1r-!h nrcs -rcg11lntions-2009-h1st-nmcnded-011-novembcr- l4 -2018 - 3462 5.html

Un it Ill (3 weeks)
Secondary Markel in India: lntroduclion 10 Stock Markets, Regional and Modern Stock Exchanges,
International Stock Exchanges. Dcmutunlization of exchanges, Comparison between NS E and BSE.
Raising of funds in International Markets: ADRs and GDRs, FCCB and Euro Issues; Indian Stock
Indices and their construction, maintenance, adjustment for corporate actions (rights, bonus and
stock split;) on index with numerical, free noat vs. full float methodology, Classification of
Securities to be included in the Index, Bulls and Bears in Stock Markets, Factors influencing the
movement of stock markets. indicators of maturity of stock markets, Major lnstrumcnts traded in
stock markets: Equity Shares, Debentures, Myths attached to Investing in Stock Markets. Trading of
securities on a stock exchange; Selection of broker, capital and margin requirements of a broker,
MTM and VAR Margins. kinds of brokers, opening of an account to trade in securities, DEMA T
System, placing an order for purchase/sale of shares, margin trading and margin adjustment,
contract note and settlement of contracts, Algorithmic trading, Settlement mechanism at BSE &

NSE
Rdennces:
Bombay Stock Exchange on Adjustment for Corporate Actions
https://www. bsei ndia.com/markets/Markcl In fo/Disp Not ices NC ircul ars.ns px'!not ice no=20 190325-45
Bombay Stock Exchange on Compulsory Rolling Settlement:
https://www.bseindia.com/static/markets/cquity/EOReporls/tra Scttlement.nspx.
National Stock Exchange and Bombay Stock Exchange FAQs on m,ugins as applicabh: for transactions on
Cash and Derivatives segments: https://www.nseindia.com/contenl/assist/asst Margins fag.pdf
NIFM, Department of Economic Affairs on A Study on Algorithmic Trnding/1-ligh Frequency Trading in the
Indian Capital Market https://dea .gov. in/sites/defaultili lcs/N LFM%20Report%20on%20Algo%20trading.pdf
[Page 1-13]
Page 32 of 118
 1 ITU TI Ol'IS
rc .,n.t: FlNA ''lrlA I . 'I A IU <F"T S Al'l l 1 ll'IS

C nur ,r Obj r t· th..- :

n~pcc t<11 anti cnn, po ncnt.s o f
1ulf•f ',h1c c •tutlc ntq tu the ,liffc rcnt
The OhJCCIJ,•c o f 1h,~ p np cr ,, ,,,
to li\kc the r:"1 <'tnr.l d«: 1'\1on ,n
finnnc 111 J ln( l 1h.1lf(.ln~ nnd rinn m::
,n l ,nnr li-:c1~ I hi~ will c nnbk t hem

fin11oc,:1I cn,·1ronn 1cnf

Lrar nini : o u tc-omr•

S111d cn1 will he nhlc 11, 1111dc rs 1nml lhc:
ond ,r s key plny crs
• Finn nda l nrch110:c ture o f nn econ o m y

• The tnhnca11on o f India n Fmanc ml mnrk cts.

The proc ess of Mon ey movcmc nl bo
lh in inlcr mcd ialcd nod d,s mtcn ncdi nled
•
nni ronmcn1
c ial mar ket in clud ing Reg ulato rs like
• Func tionin g o f diffe rent play ers in 1hc finan
RBI and SEB I.

Courw Con tent :

(2 weeks)
Un it I
flllllncial sect or
over view of the India n financial syste m,
Stru ctur e of Ind ian F inanc ial Syst em: An
deregulat ion;
ajor refo rms in the last deca de; com petit ion;
refo rms: cont ext, need and objc c1i,•c s; m
o f reforms:
refo rms and restructur ing: fu ture age nda
cap11al requ irem ents: issue s in financial
RBI Act; Role
nt prov ision s of bank ing reb'lllation oct ond
R egul ation o f Ban ks. NBFCs & F is: Salie
corp orate
red by Ban ks and Fis: Rela il bank ing and
of RB I as a cent ral bank er; Prod uc1s olTe
Cor e bank ing
. impo rtanc e, lrcn ds and RBI guid eline s.
bank ing prod ucts . Univ ers al Ban king : need
een Ban ks and
ing, N BFC s and its type s; com pari son betw
solu1ion (CB S); RTG S and intcm cl bank
NBF Cs
Rdtrta«s:
Path ak, B. on Indian Financial Syst em (4'h
c:d.) Pearson Publication (Cha pter I, 13,24 I

RBI Guidel ines on Universa l Banking

(J wee ks)
Unit D
kcls , Fina ncia l
ia: Ro le and Imp ort ance of Fina nc ial Mnr
Intro duct ion to Financial Ma rkets in Ind
Betw een
ors affc clin g Fina ncin l MllrkCI~. Link ages
Markets: M o ney Market ; Capillll Mar ket; Fact
lo bal Fina ncia l
ion of lmli a n Fina nc ial Mar kets with G
Eco nom y and Fina ncia l Mar kets , ln1c gra1
functio ns of 1hcs e
Cur renc y Mar ket, Deb t M arke l- role and
Mar kets, Prim ary & seco ndar y mar ke t,
Secu rities: Pub lic
kets . Prim ary Mar kel for Cor pora te Secu ritie s in Indio : Issu e o f Cor pora te
mar
ts Issu e.
on, Offe r for sale , Priv nle P lace men t. Righ
Issu e thro ugh Pros pect us, Gre en s hoe opti
Pagt> l l of 118