- Introductory * 6 hours CPD
This is a one-day highly participative course for new entrants into finance or those who are involved with Derivatives products for the first time. We will concentrate on how they are used and review simple structures of each of the key products - futures, swaps and options. Jargon and market terminology will be fully explained.
- What is a Derivative and how is it different from other financial products?
- Derivatives and Risk Management
- Understanding the terminology
- Derivatives in the media
- Exchange Traded Derivatives
- The role of the Clearing House
- Central Counterparty
- Using Brokers
- Credit Risk and Global Volumes
- Over the Counter (OTC) Derivatives
- Bank to Bank and Bank to Customer transactions
- Credit Risk and Global Volumes
- Vanilla vs Exotic structures
- Understanding the "Underlying"
- Interest rates on, LIBOR, money markets, bonds
- Currency rates, major and minor currencies
- Equity, Indices and single shares
- Commodity, energy and metals
- "Fair Value"
- Definitions and key features of:
- Financial Futures
- Swaps
- Options
- Treasury Policy
- Auditors
- Lawyers
- Know Your Customer (KYC)
- Anti Money-Laundering (AML)