Capital Market 121501-D
Wykład (WYK) Semestr zimowy 2025/26

Capital market - structure and its role in modern economy.

Capital market institutions - supervision and regulation of the market.

Capital market institutions - intermediaries.

Capital market instruments - debt securities.

Capital market instruments - common and preferred stock.

Raising capital in capital markets - IPO and secondary offering, issuing prospectus and memorandum.

Raising capital in capital markets - primary market offering organization (road shows, book-building, underwriting), costs of going public.

Secondary capital markets - stock exchange (GPW S.A.).

Secondary capital markets - alternative trading systems (NewConnect etc.).

Secondary capital markets - secondary debt markets (BondSpot, Catalyst).

International capital markets - Eurobond market, ADR and GDR markets, major world stock exchanges.

Derivatives in capital markets.

Alternative investments markets - commodity investing, private equity, art investing etc.

Institutional investors in capital markets - collective investing.

Current issues in global capital markets - hedge funds, passive investing (ETF), securitization, credit derivatives.