Introduction to Securities Broking Operations

Securities Trade Life Cycle: The process involving the buying and selling of securities, from order initiation to settlement.
Front Office Operations: Includes activities such as order receipt, execution, and confirmation, typically involving trading and sales teams.
Middle Office Operations: Encompasses risk management, compliance, and position keeping, ensuring that trades are properly monitored and managed.
Back Office Operations: Involves settlement, clearing, and accounting, focusing on the completion and verification of securities transactions.

Key Concepts in Securities Broking

Trade Capture: The process of recording trade details in the system for further processing.
Trade Confirmation: Verifying trade details with the counterparty to ensure accuracy and agreement.
Settlement: The final step in the securities trade life cycle, where securities are exchanged for cash.

Order Management: Managing the lifecycle of an order, from receipt to execution.
Position Keeping: Maintaining accurate records of securities holdings and transactions.
Compliance: Ensuring that all operations adhere to regulatory requirements and internal policies.