Market Organization and Structure (2024/2025 Level I CFA Exam – Equity – Module 1)

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Topic 5 – Equity Investments
Module 1 – Market Organization and Structure
0:00 Introduction and Learning Outcome Statements
2:41 LOS : Explain the main functions of the financial system.
5:31 LOS : Describe classifications of assets and markets.
12:29 LOS : Describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes.
24:15 LOS : Describe types of financial intermediaries and services that they provide.
30:22 LOS : Compare positions an investor can take in an asset.
33:15 LOS : Calculate and interpret the leverage ratio, the rate of return on a margin transaction, and the security price at which the investor would receive a margin call.
41:08 LOS : Compare execution, validity, and clearing instructions.
43:21 LOS : Compare market orders with limit orders.
46:21 LOS : Define primary and secondary markets and explain how secondary markets support primary markets.
48:37 LOS : Describe how securities, contracts, and currencies are traded in quote-driven, order-driven, and brokered markets.
51:03 LOS : Describe characteristics of a well-functioning financial system.
54:25 LOS : Describe objectives of market regulation.