The fully updated classic guide to the mechanics of securities processing—a must for  professional investors  This third edition of After the Trade Is Made reflects the changes that have taken place in  recent years as a result of new products, technological breakthroughs, and the globalization of  the securities industry. Comprehensive and easy to understand, it provides brokers, operations  personnel, and individual investors with definitive and up-to-the-minute explanations of each step  in the trading process—from the moment a customer decides to buy or sell a security through the  final requirements of record keeping.  Written for both securities professionals and individual investors, whether domestic or in other  countries, this new edition clearly explains the core of underwritings, new and established trading  markets, transaction processing, margin, and more—while providing critical insights into the most  recent wave of industry changes.  David M. Weiss, a veteran securities professional, traces the entire process of buying or selling a  security, from order management to transaction processing to the final posting on the firm’s books  and records. He covers the specialized attributes of each function in a typical brokerage firm, as  well as their relationships with commercial banks, transfer agents, clearing corporations, and  depositories.  After the Trade Is Made is the definitive resource for anyone eager to understand and  confidently navigate the vast and often surprising world of securities.

After the Trade Is Made: Processing Securities Transactions PDF

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