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The tutorial begins with a welcome to participants and a brief pause to allow others to join. The speaker acknowledges the unusual setting of an empty seminar room but expresses readiness to start. The main topic is "pledge structures for securities financing transactions," specifically focusing on taking collateral as security in these transactions. The speaker clarifies that the session will not cover tri-party repo or stock loans, as they are considered different topics. An introductory segment is planned to provide context for the discussion.
