SCID CONFERENCE
ON
ECONOMIC SECTOR REFORM
AT
JOINT CENTRE FOR ANALYTICAL FINANCE
ISB HYDERABAD
DECEMBER 19TH ‘2005
By
gnbajpai
SECURITIES MARKET PERSPECTIVE
AGENDA: NEXT
Market Depth
Market integrity
Enforcement
Value Innovation
Market Depth
Product Diversification
Mortgage Backed Securities
Assets Backed Securities
Warrants
Disinvestment
Vibrancy of Bond markets
Interest Rate futures
Market Integrity
Consolidation of regulation over listed
companies
Consolidation of regulation over intermediaries
Co-ordination between trading platforms and
OTC markets
Convergence of Securities and Commodities
markets
Broadening market participants
Pension funds
Insurance companies
Wealth Managers
Market Integrity (Cont)
Scalability
Quality of intermediation
Monitoring of listing compliance
Scrutiny of Accounts
Co-operation amongst Regulators-cross
border and cross jurisdiction-building common
standards of regulations
Enforcement
Alacrity
Ability
Applicability
Adequacy
Appreciation
Balancing: Efficacy with Costs
Efficacy
Efficiencies
Costs
Risks
Relationships
Costs
Market Development
Market Regulation
Operational
Value Innovation will build a preferred securities market
Thank You