FINA5524 Trading and Markets

6 points
(see Timetable)
Semester 1UWA (Perth)Face to face
Semester 2UWA (Perth)Face to face
This unit explores the structure and trading practices of financial markets. It examines the roles of market participants, price discovery processes and the impact of regulation and transactions costs. The unit provides an opportunity for students to gain practical experience in the trading of financial assets.
Students are able to (1) describe the structure of different markets and how securities and currencies are traded; (2) outline what motivates market participants to trade; (3) identify and measure trading costs; (4) form trading strategies to minimise trading costs and maximising profit under different market structures; (5) explain how market structure, trading efficiency and asset pricing relate; (6) recognise financial market anomalies and regularities, along with their causes; and (7) explain the role of regulations and ethics in trading.
Indicative assessments in this unit are as follows: (1) assignment; (2) participation; and (3) examinations. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Dr Lee Smales (Semester 1), Kam Chan (Semester 2)
Unit rules
for Master of Commerce students: FINA5432 Introduction to Finance
equivalent; for Master of Applied Finance students: FINA5533 Finance Essentials
FINA5523 Financial Statement Analysis and Business Valuation
FINA5632 Investments
FINA5631 International Financial Analysis
Contact hours
up to 3 hours per week which may include lectures/seminars/workshops
Unit Outline
Semester 1_2019 [SEM-1_2019]
Semester 2_2019 [SEM-2_2019]
  • 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.