Institutions financières et régulation [ MGEHD2209 ]

- Financial risk management (interest rates, equity,
exchange, credit, etc.)
- Management of financial institutions.
- The European regulation (MiFID) and its implications for
the financial industry

- master market analysis techniques and risk management
& hedging techniques
- understand the functioning of financial institutions and
risk-takingrisk hedging under current regulations
- analyze and discuss the recent evolution of the
European trading landscape

- written examination
- continuous assessment (case study)

- Lectures
- Group work (case study)

* Introduction to financial markets: some facts & figures
* Market structure and design
* Market quality and liquidity
* MiFID & the European capital markets industry

* Foucault T., Pagano M. & Röell A, 2013, "Market
Liquidity: Theory, Evidence, and Policy", Oxford University
Press
* Harris L., 2003, "Trading & Exchanges : Market
Microstructure for Practitioners", Oxford University Press
- HULL J. (2007), Options, futures et autres actifs
dérivés, 6e ed., Pearson.
- HULL J. (2007), Risk Management and Financial
Institutions, Pearson.
* Giraud JR. & D'Hondt C., 2006, "MiFID: Convergence
towards a unified European capital markets industry",
Riskbooks
* D'Hondt, C. & J.R. Giraud, 2007, "MiFID: the (in)famous
European Directive?", EDHEC Position Paper, March.