GISI Securities Course Professional Level case studies
GISI Securities Course Professional Level · Put your knowledge to work in context.
The GISI Securities Course Professional Level is an advanced, multiple-choice examination aimed at practitioners who already know the basics of securities markets and want to demonstrate working-level command of regulation, products, analysis and client conduct. Candidates typically include dealer and investment-adviser staff, compliance and risk officers, product and relationship managers, and graduate entrants moving into client-facing or supervisory roles. The syllabus is broad rather than deep in any single niche: it spans the regulatory framework and market structure, equities, fixed income and interest-rate products, derivatives and structured products, collective investment schemes and fund management, portfolio management and asset allocation, investment analysis and valuation, risk management and compliance, and professional ethics and client conduct. Expect questions that test judgement as well as recall - applying a rule to a scenario, spotting a suitability problem, or choosing the right valuation or hedging approach. The GISI Securities Course Professional Level case studies are 5 cases and about 3,638 words.
1Payment for Order Flow, Principal Trading, and Best Execution
Harborline Securities is a mid-sized broker-dealer. Its equity order router sends retail marketable orders to two venues: Venue A pays Harborline $0.0025 per share routed, while Venue B pays nothing.
622 words, about 3 min2Rights Issue, Margin Covenant, and the Cost of Taking Up Rights
Meridian Industrial announces a 3-for-7 rights issue at a subscription price of 8.40 per new share. The shares trade cum-rights at 11.20.
617 words, about 3 min3Duration Overlay with Treasury Futures and Credit Spread Risk
Northbridge Insurance has a 240 million fixed-income portfolio with a modified duration of 5.1 years. Its actuarial team estimates that the present value of liabilities is 260 million with a modified duration of 8.3 years.
754 words, about 4 min4Autocallable Note, Worst-Of Exposure, and Suitability
A 67-year-old client has 900,000 of investable assets and needs 36,000 per year from the portfolio to supplement pension income. Her current allocation is 55% bonds, 30% global equities, and 15% cash; about 25% of the equity sleeve is already in large-cap technology stocks.
821 words, about 4 min5Suspected Elder Financial Exploitation and Supervisory Pressure
Lena is a private banker at a wealth firm. Tan, is 78, recently widowed, and has a 2.4 million portfolio.
824 words, about 4 min