Page 6 - FINAL CFA SLIDES DECEMBER 2018 DAY 13

Session Unit 13:
44. Market Structure & organisation

LOS 44.c: Describe the major types of securities, currencies, contracts, commodities, and real assets that trade in

organized markets, including their distinguishing characteristics and major subtypes., p.192

Securities Currencies Contracts Commodities Real assets

Fixed income securities • $USD, • Forward • Gold • Real estate
• Bonds/convertible debt –long- contracts
term
• Notes –intermediate
• Commercial paper –short term
Equity • Euro, • Futures contracts • Platinum • Machinery
• ordinary, tanties
• preference,
• warrants.

Pooled investment vehicles • GBP • Swap contracts • Oil • Equipment
• mutual funds,
• EFTs/ETNs,
• Asset-backed securities,
• Hedge funds

• Option contracts

• Insurance
contracts

• Credit default
swaps