FINA3307 Trading in Securities Markets
- 6 points
|Semester 2||UWA (Perth)||Face to face|
- Details for undergraduate courses
- Level 3 option in the Finance major sequence
- The area of knowledge for this unit is Management and Commerce
- Category B broadening unit for students
- Level 3 elective
- This unit introduces students to the theory and practice of securities trading at exchanges and in dealer markets. In contrast to traditional models of finance that assume perfect markets, the unit examines how trading and the design of markets affect volatility, liquidity, trading costs, price efficiency and trading outcomes.
- Students are able to (1) describe the structure of different markets and how securities are traded; (2) discuss the motivations for trading; (3) identify trading costs and seek ways to measure and minimise them under different market structures; (4) evaluate the links between market structure, trading efficiency and asset pricing and provide probable explanations for financial market anomalies and regularities; and (5) demonstrate the ability to apply the concepts and theory to practice.
- Typically this unit is assessed in the following ways: (1) trading sessions activities; (2) tutorial participation; and (3) examination. Further information is available in the unit outline.
Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
- Unit Coordinator(s)
- Professor Sirimon Treepongkaruna
- Unit rules
- FINA3324 Investment Analysis
- Contact hours
- lectures/Practical Classes/seminars/workshops: up to 3 hours per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.