Inhalt des Dokuments
News
01 July 2020:
Please pay attention for the changes in the time table for the second block!
30 June 2020:
The NEW exam dates (due to COVID-19) are available now. For information about date, time, and place, please see below. Registration for the first and the second exam via QISPOS are now open!
20 May 2020:
Information on the WebEx online sessions (including meeting IDs and passwords) can be found in the ISIS2-page of the course.
14 April 2020:
Due to current circumstances, the lecture will be held online. Information about the choice of the conferencing software will be posted here in due time. Note, however, that the dates and times of the online lectures have changed!
The online format for the second block is still tentative. If TU Berlins opens up for the second half of the term, the lectures will be held physically at TU Berlin. A definite decision on the format will be communicated in June 2020.
Organization
Lecturer: | Prof. Dr. Ulrich Bindseil, European Central Bank Contact: ulrich.bindseil@ecb.int [1] | ||||||||
Lectures: ("full-day" lectures) !!! NEW DATES !!! |
| ||||||||
Office hours: | by
appointment, before or after the lecture | ||||||||
Study Programs: | For
students of: Master of Industrial and Network Economics (MINE),
Wirtschaftsingenieurwesen MSc, Economics BSc,
Wirtschaftsingenieurwesen BSc, Innovation Management, Entrepreneurship
and Sustainability MSc Course form: Lecture series (2 SWS), 6 ECTS. | ||||||||
Registration: | registration through chair required, by e-mail to Steffen
Ahrens (steffen.ahrens@tu-berlin.de) | ||||||||
Module: | Module description for summer term 2020
[2] | ||||||||
Examination: | classroom presentation and final exam | ||||||||
Grading: | The portfolio
examination consists of the exam and the presentation, adding up to a
maximum of 100 credits. Exam and presentation have equal weight. The
grading follows the joint conversion key of the School of Economics
and Management (decision of the school's council dated May 28, 2014 -
FKR VII-4/8-28.05.2014). | ||||||||
Exam
Registration: | TU students: Please
register the usual way (QISPOS or yellow sheet from the examination
office). Other students: Registration procedure will be announced in class. | ||||||||
Exam: | First
exam: 31st July 2020, 12:30pm-2pm, room EB 301 Second exam: 15th October 2020, 12:30pm-2pm, room EB 301 | ||||||||
Outline: | The course is intended to endow students with the theory
and practice of financial market infrastructures, including the
relevant financial market instruments, systems, institutions, message
formats, legal and regulatory frameworks. Students will be able to
understand how financial market operations (including those by the central bank) are actually implemented and anchored, and what economic issues arise in this context. The course covers the basic functioning of key market infrastructures (CSDs, securities settlement systems, CCPs, CLS, etc.), payment systems (RTGS systems, netting systems, retail payment systems, etc.), and messaging formats and networks (ISO20022, SWIFT). Key related economic questions are identified, such as: efficiency, network externalities, competition, standardization, resilience, cases for regulation, etc., relying on the existing academic literature. | ||||||||
Course
Material | The course material can be
found at the ISIS2-page at:
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"https://isis.tu-berlin.de/course/view.php?id=19953",
"isis.tu-berlin.de/course/view.php [3]"). TU students register
for the course directly with their TUBIT-Account. Guest students from
other institutions log in as guest (Gast). The key to the
website will be sent to you upon
registration. |
Nach oben
Literature
Literature: | |
Banque de France
(2018), Payments and market infrastructures in the digital era.
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"https://publications.banque-france.fr/sites/default/files/media/2019/06/28/819029_livre_paiements_infrastructures_en_v3.pdf",
"publications.banque-france.fr/sites/default/files/media/2019/06/28/819029_livre_paiements_infrastructures_en_v3.pdf
[4]") | |
CSPP-IOSCO (2014), Principles for
Financial Market Infrastructures (PFMI), Bases, BIS.
www.bis.org/cpmi/publ/d101a.pdf [5] | |
Kokkola, T. (ed.)
(2008), The Payment System. Payments, Securities and Derivatives, and
the Eurosystem. ECB Publication. www.ecb.europa.eu/pub/pdf/other/paymentsystem201009en.pdf [6] |
Nach oben
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