derivatives 2

This course provides participants with an overview of short-term (3-month) interest rate futures and bond futures.  Delivered by the former Chief Dealer and Head of Global Markets for American Express Bank, the program covers the main aspects of interest rate futures pricing and the ways in which futures can be used for hedging and trading purposes.

Duration:  One day

Program Level:  Intermediate

Prerequisites:  Forward and Futures Overview (or similar)

This course will provide participants with a broad overview of structured products market.  The class will define the various types of structured products and participants will gain an understanding of the fundamental building blocks of structured products, why they are used and who uses them.  Pricing and risks associated with these products will be thoroughly discussed and will help students with an evaluation of the merits and hazards of structured products.  Participants will also learn about the various drivers in this emerging market.

Duration:  One day

Program Level:  Basic

Prerequisites:  There are no prerequisites

Equity derivatives provide a means by which investors can obtain exposure to or manage the risk associated with directly investing in stocks.  This course provides participants with a detailed description of the main equity derivatives traded in the market today as well as the motivations for their use in portfolio management.  This one-day program will explain the essential characteristics of equity forwards, futures, swaps and options and how they are used in various trading strategies.

Duration:  One day

Program Level:  Basic

Prerequisites:  There are no prerequisites

The evolution and establishment of credit derivatives in the last twenty years has made a significant impact on the world of finance, the global markets and the world in general.  Delivered by the former Chief Dealer and Head of Global Markets for American Express Bank, this course will provide participants with an in-depth examination of credit derivatives and their various structures and uses, as well as, an analysis of how they came to be a major component of the financial crisis. Through the use of exercises and case studies, participants will have the opportunity to understand the roles, uses, pricing and valuation in their respective markets today.

Duration:  One day

Program Level:  Basic

Prerequisites:  There are no prerequisites

Despite the widespread use of derivatives by investors, corporate end-users and traders, operational risk remains one of the least understood and neglected risk in managing derivatives portfolios. This two-day course is designed for risk managers, auditors, compliance officers, back office and IT professionals, and regulators who are seeking  to better identify, measure, control and monitor this important risk.  The program will be highlighted with case studies of recent operational risk management initiatives and practices in the global derivatives marketplace.

Duration:  Two days

Program Level:  Basic

Prerequisites:  There are no prerequisites

In the last decade-and-a-half, over-the-counter (OTC) derivatives have grown from being relatively obscure financial products into standard risk management tools. Notwithstanding their commonplace standing today, establishing an effective risk management process for OTC derivatives remains a challenge for end-users, dealers, clearing agencies and other related parties. Additionally, Dodd-Frank and Basel III rules have changed the OTC derivatives landscape significantly. This two day course will focus on practical implementation issues for establishing an effective risk management framework in an uncertain, global regulatory environment.

Duration:  Two days

Program Level:  Basic

Prerequisites:  There are no prerequisites