MAR – A Trading View

Module: Introduction

Module: Scope

Module: Handling inside information

Module: Insider dealing

Module: Market manipulation – Basics

Module: Market manipulation – Market cornering

Module: Market manipulation – Spoofing & Layering

Module: Market manipulation – Pump & dump

Module: Market manipulation – Cross-market manipulation

Module: Real life cases & jurisprudence

Module: Market monitoring & surveillance

Module: Sanctioning

Exam: MAR – A trading view

Reader: MAR – A trading view

Objectives

The learning objectives for this programme are:

  • Mastering the regulation (MAR), including the related directive (MAD II),
  • its objectives and its implications for organisations and professionals;
  • To embed integer behavior, to test integrity and to become compliant
  • with MAR provisions;
  • Formulate criteria which have to be taken into account in order to identify
  • inside information and/or market manipulation;
  • Being able to apply these criteria in the decision making process;
  • To weigh alternatives and judge what is the most optimal decision in
  • practical cases.
  • Familiarizing with the (potential) consequences for traders;
  • Familiarizing with reporting of suspicious activities (STOR);
  • Being able to cope with dilemma’s in decision making processes;

Course contents

  • Module: Introduction
    • Background, history & purpose of MAR / MAD II.
    • Secundary legislation, plus differences with REMIT.
  • Module: Scope
    • Markets, market participants & products in scope of MAR?
    • Financial instruments, plus geographic scope.
  • Module: Handling inside information
    • Criteria to quality info as inside info, consequences and more.
    • Prohibition of unlawful disclosure.
    • Emission allowances market participant (EAMP) has to publish i.i.
  • Module: Insider dealing
    • Prohibition of insider dealing. What is it? What is legitimate?
    • Persons charged with the execution of orders & insiders.
  • Module: Market manipulation – Basics
    • Prohibition of market manipulation & attempted manipulation.
    • Indicators of market manipulation + Accepted market practices.
  • Module: Market manipulation – Market cornering
    • The concept of "cornering” is explained.
  • Module: Market manipulation – Spoofing & Layering
    • In-depth explanation of the application of "spoofing” / ”layering”.
  • Module: Market manipulation – Pump & dump
    • The concept "pump & dump” is explained, plus "trash & cash”.
  • Module: Market manipulation – Cross-market manipulation
    • Examples of "cross-market manipulation”, incl. physical-financial.
  • Module: Real life cases & jurisprudence
    • Various case studies, incl. cornering, layering and cross-market.
  • Module: Market monitoring & surveillance
    • Professional persons arranging or executing transactions (PPAET)
    • Why energy firms are in scope; in-house prevention & detection.
    • Suspicious transaction or order report (STOR) & insider lists.
  • Module: Sanctioning
    • European minimum sanctions (administrative + criminal).
    • National implementation.
  • Exam
  • Reader
Price online €399.00 excl. VAT
Price in-class €690.00 excl. VAT
Level Basic
Language English

Course elements

eLearning

12 video modules (a combined total of ~160 minutes of video content).

Extensive Reader

A reader providing significant background and depth.

Tests & Final Exam

Several test questions per module and a final exam covering the whole course.

Certification

When the final exam has been passed you will receive the digital certificate and can be registered with the Charter.