Sumários

1. Financial Markets

12 Fevereiro 2026, 14:30 • Andrea Meireles

Trading mechanisms. Trading costs. Buying on margin. Short sales. Regulation. Investment companies: services, NAV, and types. Mutual funds: types, fee structure, and returns. Problem set 1 (questions 1, 2, and 3).

1. Financial Markets

11 Fevereiro 2026, 14:30 • Andrea Meireles

Derivatives market: forward contracts, futures contracts, and options. FOREX market: spot market vs. forward market, exchange rates (bid, ask, and spread), inverse exchange rates, exchange rate risk. Issuance of financial securities. Primary market issues: public issues (IPO, SEO/FPO, public bond offering, shelf registration) and private placements. IPO process. Market structures: direct search, brokered, dealer, and auction markets. Types of orders: market and price-contingent orders (limit and stop). Price formation.

1. Financial Markets (Online)

5 Fevereiro 2026, 14:30 • Andrea Meireles

Financial market segments. Money markets: instruments, interbank money market (IMM), benchmarks. Capital markets: main functions, primary market vs. secondary market, bond vs. stocks, bond market instruments, stock market instruments, and market indices (price-weighted vs. value-weighted). Derivatives market: derivatives, underliers, uses, exchange-traded derivatives vs. OTC derivatives, forward contracts, futures contracts, and options.

Introduction & 1. Financial Markets

4 Fevereiro 2026, 14:30 • Andrea Meireles

Introduction: contact details, learning objectives, syllabus, timetable and lesson planning, assessment, bibliography, Moodle, and Code of Academic Conduct.

Financial markets: investments; assets (real vs. financial); roles in economy; investment process; competitiveness of markets, risk-return trade-off, efficiency, and investment management; market participants and financial intermediation.