Wealth Management

Fundamentals of Equities and Foreign Exchange


This course focuses on equity securities and the foreign exchange (“FX”) market. Different equity securities are described. Key concepts in relation to equity security pricing and required return are explained. The different risks of investing in equity securities are outlined. In addition, different aspects of the FX market are presented.


On completing this course, you should be able to:
a. Explain the basic features of related investment products;
b. Describe the different types of related investment products;
c. Understand the factors determining the pricing of related investment products (including intrinsic characteristics of the product and external factors such as economic outlook) and their impact on the pricing;
d. Perform basic calculations related to investment product pricing (calculate a bond price given a discount rate, apply equity valuation tools, price a FX forward);
e. Understand the workings of the related market (e.g. quotation method) and relevant charges and fees and apply a transaction execution process; and
f. Assess and measure the risks associated with related investment products.

Content Highlight

Section 1: Financial Market Fundamentals
Section 2: Equities
Section 3: Foreign Exchange

Who Should Attend

It is relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management products.

Administrative Details

Relevant Subject
Type 1 - Dealing in securities
Type 3 - Leveraged foreign exchange trading
Type 4 - Advising on securities
SFC:1.50, PWMA:1.50
All Member: HKD450
Non-Member: HKD900
Staff of Corporate Member: HKD450