[Audio] Welcome to this course on Corporate Actions and Position Management. This course aims at giving a comprehensive overview of corporate actions, and there impacts on the portfolios. At the end of this course, you will be able to. Define the concepts of corporate actions, bonds, and equities. Name and describe most common corporate actions on bonds. Name and describe most common corporate actions on equities..
[Audio] To achieve these objectives, this course is divided into 3 sections, and each of them will then be divided into sub-sections. We start by presenting the basic principles, and prerequisites needed to understand, and analyze a corporate action. Then, we'll start by defining equities, and analyzing common corporate actions on them. And finally, we'll define bonds, and analyze common corporate actions on them..