This introductory level course provides an overview on how the repo market is structured, the key players and key regulation and is ideal for those wanting a foundation-level overview of this topic.
By completing the course you will be able to:
- Identify the different types of repo
- Recognise how repo is used in the market
- Identify the key participants in repo market
- Identify different methodologies of pricing repo
- Identify different types of collateral that is used
- Recognise different risks to counterparties
Who should attend?
This course is designed people with an interest in understanding the fundamental characteristics of the repo and collateral markets and personnel new to the field who wish to gain a broader view of the subject.
The exam consists of 50 multiple choice questions of which candidates must answer a minimum of 30 questions correctly, with a score of 45 or more earning a distinction. You will have six months in which to study the material, book and complete an online, fully invigilated exam.
We use a third-party exam invigilation service called ProctorU to administer the exams on our assessed courses. We recommend you take a few minutes to watch this video before you take your exam, which provides information on what to expect on the day. You can also take a look at some further information here.
More information regarding your specific exam will be attached to your joining instructions and on Canvas, the ICMA training platform.
Certification and Programme Recognition
ICMA recommends that 20 learning hours can be associated with this course, based on attended/undertaken hours of study required to successfully complete the learning outcomes.
A Certificate of Completion will be awarded to those who successfully pass the final exam of this course – see Assessment section for more details.
ICMA is a member of the CPD® Certification Service and approved by the Securities & Futures Commission of Hong Kong as provider of Continuous Professional Training (CPT).
Please note that your course certificate of attendance or completion should be sufficient to satisfy any professional development requirements – if you require further evidence, please contact us at firstname.lastname@example.org.
Section 1 – The Repo Market (videos 1-5)
- Definition of repo
- The Repo Market (parts 1-3)
- The Repo Market: Agents and Clearing
Section 2 – Trading (videos 6-9)
- Who uses Repo (parts 1-2)
- Repo Variants
- More Repo Variants
Section 3 - Life cycle events (videos 9-10)
- Matching and Settlement
- Corporate Events
Section 4 - Legal Agreements (videos 11-12)
- The GMRA
- The Annexes
Section 5 – Accounting and Regulations (videos 13-15)
- Accounting Treatment of Repo
- Leverage ratio, RWA, NSFR
- SFTR, CSDR
Delegates who sign up to online courses will have access for 6 months to enable them to take advantage of the additional online resources, discussion boards and other functions of our new digital learning platform.
Online courses start at the beginning of each month – please note that payment must be received BEFORE access to these courses are provided.
Online course fees
ICMA Members: EUR 1,300 (VAT not applicable)
Non-members: EUR 1,900 (VAT not applicable)
Please note that:
- Payment for online courses must be received before the start of the course.
- All payments must be made in Euro.
Should you have any queries, please contact email@example.com.