Inside Canada's Securities Industry - Level I

This  two (2) day course offers an excellent overview of the Securities Industry and terminology. The student is introduced to the various participants in the industry and their roles; the different types of products offered to investors their attributes and features; and reviews the fundamental account opening and transaction processing functions. Accreditation is awarded upon completion of Level I and Level II.

All course materials are provided. Upon confirmation of registration, the student will receive a free one-year subscription to Investment Executive, Canada's Newspaper for Financial Advisors.

Inside Canada's Securities Industry - Level I

Day 1 Day 2

Participants in the Industry

  • Institutional vs. Retail
  • Banks (and all their roles)
  • Clearing Corporations
  • Depositories
  • Regulators
  • Vendors

Participants in a Broker Dealer

  • Broker
  • Dealer, Market Maker, Trader
  • Clearing/Non-Clearing
  • Prime Broker
  • International/Multi-national

Account Opening and Transfer

  • Role of the Investor
  • KYC and Account Documentation
  • Transfer - ATON

Product Overview

  • Equity
  • Debt
  • Derivatives
  • Mutual Funds and others
Trading Equity
  • How the Marketplace Works
  • Life of a Trade
  • Price Discovery Mechanism
  • Types of Orders: Execution, Reporting, Technology - OMS, ATS, SOR 

How Trade Processing Works

  • Trade Creation and Management 
  • Real Time Trade Matching, Exchanges
  • Confirmation: Retail vs. Institutional
  • Books and Records
  • Reporting Trades to CDS
  • Reconciling Trades
  • Basics of Trade Settlement

Corporate Action

  • Security Master
  • Dividend Interest Processing
  • Bond Interest Processing
  • Mergers, Acquisitions
  • Tenders
  • Spin offs


How Mutual Funds are Processed

  • FundSERV

Inside Canada's Securities Industry - Level I
Persons that should register for this course are:
  • Persons presently outside the industry looking to increase specific financial knowledge or seek entry to the industry
  • Operational and administrative staff new to the financial and/or securities industry
  • Investment firm IT staff new to the financial and/or securities industry
  • Investment firm staff with limited knowledge of the entire operations process
  • Investment firms' counter parties at banks
  • Clearing corporation and depository staff
  • Employees of regulatory agencies
  • Institutional client personnel
  • Industry vendors' employees
Inside Canada's Securities Industry - Level I
The benefit to the student is:
  • Understand the various roles of participants in the industry and how they interact
  • Learn the importance of the account opening process
  • Comprehend the differences between the types of products offered to the investor
  • Learn how the marketplace works and the steps involved in transaction processing
Inside Canada's Securities Industry - Level I
Note:  Location of classes will be confirmed closer to the date of the course.

Instructors:  Andrée Ouellet (CA, CA-IT)

BIOGRAPHY for Andrée Ouellet:
The Smarten Up Institute is pleased that Andrée Ouellet (CA, CA-IT) is an instructor for the Operations Course as she brings insight and multiple talents to the role. Her accomplishments attest to her unique ability to understand the foundations of any issue while her insatiable curiosity to understand how things work forces her to constantly seek better and easier ways to address them. 
She obtained her B.A.A. at l’École des Hautes Études Commerciales and her M.B.A. at McGill University, Québèc. She is presently pursuing her ETS Master in IT Engineering, a further testament of her need to better understand the world around her. 
Andrée’s background includes:
  • Examiner at the Montreal Exchange
  • CFO at various Investment Dealers
  • Responsible for operations and technology at different Investment Dealers
  • Currently at Penson Canada and serves as Senior Vice President, Corporate Infrastructure Management
 Her technical insights have led to the reprocess and redesign of
  • Cash Management
  • Collateral Management
  • Corporate Action
  • Accounting Methods
While her background speaks of excellence in industry experience, it is her ‘soft skills’ that make her a unique and highly regarded individual and consummate instructor/mentor.
Whilst in her roles, her executive management of and initiatives in the many systems conversions (Bond Trading/Rick Management/Accounting Systems/Operations and Trading Systems, including Dataphile, Broadridge and IBM) have been crucial to their successful outcomes.
However, Andrée’s uniqueness does not come from her practical abilities, which she has in abundance due to her ‘hands on’ approach to business, but rather from her insights into the financial business and her keen understanding of how it is to be conducted. Instruction, to Andrée, is not merely a function or role that is to be performed as a matter of fact. She is an ‘actor’ performing her greatest role and instils humour, drama and lively story telling into the mix. The student learns by example, direct experience and a sense of understanding that is only able to be imparted by instructors that have excellent credentials and keen knowledge of the subject they are teaching. She has instructed at many Investment Dealers and enjoys ‘her acting roles’ tremendously.

Of course, the fact that the student immediately understands that Andrée’s grasp of Accounting, Finance, Operations and Technology, as well as the Financial Industry in general, is excellent, allows them to feel they are in capable and knowing hands.

Inside Canada's Securities Industry - Level I