SECURITIES MARKET ECONOMY AND STRATEGIES
Academic year2016/17
CourseBANKING FINANCE FINANCIAL MARKETS
Code238PP
Credits9
PeriodSemester 2
LanguageItalian
| Modules | Area | Type | Hours | Teacher(s) |
| ECONOMIA E STRATEGIE DEL MERCATO MOBILIARE | SECS-P/11 | LEZIONI | 63 | |
Programma non disponibile nella lingua selezionata
Knowledge
The student who successfully completes the course will be able to demonstrate advanced knowledge of structural and functional aspects of the Italian Security Markets.
In particular, students are expected to acquire advanced knowledge of:
- the rules in case of crisis of a financial intermediaries;
- the new forms of sanctions in our Security Market, according to Market Abuse and Supplementary Regulation of Financial Conglomerates Directives;
- the evolution of regulation in the European contest after the recent deep financial crisis (from Lamfalussy Report to the De Larosiere Report);
- all questions about the Social Security Reform, actually in act;
- the reasons of the recent integrations between International Stock Markets, with a particular focus to BI-LSE fusion and to the positive effects for PMI of the successive born of AIM Italia Market;
-the ways of doing speculative strategies in the Security Markets according to theories of Technical Analysis.
Assessment criteria of knowledge
During the oral exam the student must be able to demonstrate his/her knowledge of the course material and be able to discuss the main course contents thoughtfully and with propriety of expression.
Methods:
Further information:
The final oral exams has the 100% of the evaluation, even if the participation in seminar discussion allows a positive evaluation of the student too.
Teaching methods
Delivery: face to face
Learning activities:
- attending lectures
- participation in seminar
- participation in discussions
- individual study
Attendance: Advised
Teaching methods:
- Lectures
- Seminar
- Task-based learning/problem-based learning/inquiry-based learning
Syllabus
The course covers the evolution in the rules and in the forms of regulation of our Security Market. Particular attention is paid to:
- the rules in case of crisis of a financial intermediaries;
- the new forms of sanctions in our Security Market, according to Market Abuse and Supplementary Regulation of Financial Conglomerates Directives;
- the evolution of regulation in the European contest after the recent deep financial crisis (from Lamfalussy Report to the De Larosiere Report);
- the Social Security Reform, actually in act;
- the recent integrations between International Stock Markets, with a particular focus to BI-LSE fusion;
- the characteritics of the new Stock Market dedicated to PMI (AIM Italia-MAC);
- elements of a correct operative strategy in a Security Market (stop loss, profit target, technical levels);
- the Fibonacci retracements, according to Fibonacci ratios;
- the Elliot Wave Theory;
- Gann Angles and Squares in the Gann Theory.
Bibliography
M.C.Quirici, Dalla crisi finanziaria alle opportunità della finanza etica, in "Studi in ricordo di Tommaso Fanfani, Pacini Editore-Fondazione Piaggio, Pisa,2013.
M.C. Quirici, Il mercato mobiliare italiano. L'evoluzione strutturale e normativa, FrancoAngeli, Milano, 2010 (the only chapters about those subjects analysed in the current program).
R. Caparvi (a cura di), Il mercato mobiliare. Strategie e tecniche di negoziazione dei prodotti finanziari, FrancoAngeli, Milano, 2010 (only Chapter 4).
M.C. Quirici, Tratti evolutivi della disciplina in tema di abusi di mercato alla luce del recente recepimento della Direttiva 2003/6/CE, in "Studi e Note di Economia", n. 2, 2006.
M.C. Quirici, La nuova disciplina della vigilanza supplementare sui conglomerati finanziari: elementi di forza e di debolezza, in "Studi e Note di Economia", n. 1, 2006.
C. Le Beau- D. Lucas, Analisi tecnica e trading operativo, Trading Library, Milano, 2003 (only Chapter 1).
Frost & Prechter, La teoria delle onde di Elliott, Trading Library, Milano, 2003 (limited to parts analysed in the course).
C. Droke, Gann per chi inizia, Trading Library, Milano, 2004 (limited to parts analysed in the course).
Further bibliography for consultation will be indicated.
Work placement
There is the opportunity for the students to choose a period of stage within a financial structure (SIM, SGR, banks or others) to have a real contact with the problems/circumtances discussed during the course. This period of stage can attribute 6 CFU that can be ascribe to free choice CFU.
Updated: 14/11/2016 17:27
