FISD Level 1: Financial Markets

Expand your understanding of the role of market data and the necessary processes for successful data management to prepare you for the FISD Level 1 exam.

FISD Level 1: Financial Markets

November 28 – December 1, 2022

Time zone: EMEA / Americas



Key reasons to attend

  • Define the role of market data and the purpose and functioning of the trading markets

  • Understand the processes and technologies used to distribute real-time data information 

  • Explore technology which captures, transforms, and normalised data 

View agenda

Customised learning

Does your team require a tailored learning solution on this or any other topic?

Working with the portfolio of expert tutors and’s editorial team, we can develop and deliver a customised learning to make the most impact for your team, from initial assessment to final review. 

Find out how

Risk Training - Hero

During this 4-day virtual event, participants preparing to take the FISD examination will be given a comprehensive understanding of the technical and administrative aspects of the market data industry.

Led by expert practitioner, Tee Williams, this interactive event will explore the role of market data with an in-depth focus on trading processes, technology, and the concepts which govern successful market navigation. This learning journey will provide the in-depth knowledge necessary to take the FISD Level 1 exam. 

Learn how to
  • Describe the typical steps in the trading process, which can be applied to most traded instruments

  • Identify the three major categories of instruments: cash, derivative, and packaged instruments

  • Analyze networks link functions and provide the infrastructure that makes trading efficient 

  • Develop a framework for understanding the products and services that are offered by vendors

  • Define regulation, risk, and compliance associated with different markets

Who should attend

This course is primarily aimed at those working in market data sales or data administration. WatersTechnology welcomes anyone needing a broad, fundamental understanding of the Trading Markets. Specific job titles in exchanges, vendors, buy and sell side firms, may include but are not limited to:

  • Exchange data policy manager

  • Data sales executive

  • Data purchasing manager

  • Market data administrator

  • Market data consultant

  • Market data auditor 

  • Data sourcing manager

Content support

For this course we have collated a selection of articles from to supplement your learning.

Risk Training is a part of - the world’s leading source of in-depth news and analysis on risk management, derivatives and complex finance.

View articles here

R. "Tee" Williams

Principal and Owner

Tee Williams Associates

For more than 45 years Mr Williams has been a consultant in the trading markets providing strategic, marketing, and product design studies for the buy and sell sides, exchanges, vendors, regulators and supporting entities.

For the last 30 years he has offered training courses for industry professionals seeking to understand the structure and function of the trading markets as well as the supporting data and technology services. Mr. Williams is an expert in market data, the mechanics of marketplaces, trading techniques, and the related information systems required to support markets; financial and information strategy; national market policy; exchange and dealer trading mechanics, clearance and settlement; information industry operations and economics. Related to this work, he creates graphical descriptions of the mechanics of marketplaces and trading techniques to help in the understanding of complex issues.

Live Virtual training courses


Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

  • Facilitated collaboration including Q&A, interactive polling and group workshops

  • Live interaction with subject matter experts – get your questions answered in real time

  • Receive comprehensive course materials and supporting content from to reinforce your learning

  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants