Derivatives

 


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Objectives for the course

Delegates should be able to recognise the different types of derivatives that they will encounter in their everyday work. They should be able to explain how the markets operate, how the products are priced and how settlement takes place. In addition, delegates should be able to explain the benefits to their customers of each of the products.

Session One - Futures and Options

  • What are they?
  • How do they work?
  • Advantages and Disadvantages to the customer
  • Where are they traded? · Features of futures and options

Session Two - Interest Rate Swaps

  • What are they?
  • How do they work?
  • How are they priced
  • Benefits of an Interest Rate Swap

Session Three - Currency Swaps

  • What are they?
  • How do they work?
  • How are they priced
  • Benefits of a Currency Swap

Session Four - Forward Rate Agreements

  • What are they?
  • How do they work?
  • How are they priced
  • Benefits of a Forward Rate Agreement

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