_{LIQUIDITY RISK MANAGEMENT}

  _{Course description}

This course is designed to introduce candidates to the monitoring and management of liquidity risk. Liquidity is first introduced by differentiating market liquidity from funding liquidity. International standards and academic literature in the field are then discussed.

Learning outcomes

At the end of this course, candidates will be able to:

      Understand Sources of Liquidity

      Understand the importance of incorporating liquidity risk in risk management frameworks

      Monitor market liquidity on Bloomberg

      Extract high-frequency data in Excel and use econometric software to test hypotheses

      Critically describe seminal research in empirical market microstructure.

Who should attend?

      Finance Department

      Treasury Department

      Risk Manager

      Investment analysts

      Who works related to accounting and finance