Traded Products and Risk Management

Description

The Traded Products and Risk Management course is a comprehensive course designed for bankers, corporates, and regulators, and covers an extensive range of topics in a highly practical way.

Participants will not only learn how each financial product works, but will also understand the risks associated with their management and use.

The course is highly modular and flexible. Participants can sign up for individual days, groups of days, or for the entire 10-day course. Contact us to find out more.

Learning Outcomes

By attending this course, you will:

  • Obtain a clear and thorough understanding of a wide range of financial products including: FX spot and forward, FRAs, futures, swaps, options, and credit derivatives
  • Explore how each major financial product behaves, how each is fairly priced, and how these products are created, handled, sold, and used by banks
  • Examine risk management and Value-At-Risk (VaR) concepts – the techniques used by banks to manage a portfolio of financial products
  • Investigate the custom and practice of dealing and trading on the financial markets
  • Obtain extensive first-hand experience of each market and product with the Global Trader simulator

Who Should Attend

Anyone who wants to master the financial markets and traded products, and to understand how to manage the risks arising from these instruments.

CPD Credits

70 hours

Prerequisites

None

Seminar Content

Day 1
  • Overview of banking risk
  • Fixed income securities
  • US treasuries simulation
  • Equities markets
  • US equities simulation
Day 2
  • FX spot market
  • FX spot simulation
  • FX forward market
  • FX forward simulation
  • Restructuring FX forwards case study
Day 3
  • Short-Term Yield Curve and Forward Rates
  • FRAs
  • FRAs simulation
  • Futures markets
  • Short-term interest rate (STIR) futures
Day 4
  • Hedging using STIR futures
  • Interest-rate futures simulation
  • Bond futures
  • T-Bond futures simulation
  • Hedging bond portfolio case study
Day 5
  • Interest rate swaps
  • Currency swaps
  • Swaps applications
  • IRS simulation
Day 6
  • Yield curve mathematics
  • Deriving the discount function
  • Pricing an FRA
  • Pricing and valuing swaps
  • Collateralized vs. non-collateralized swaps
  • LIBOR-OIS discounting
  • Calculating collateral using LIBOR-OIS dual curves
Day 7
  • Principles and Characteristics of Financial Options
  • Option pricing models
  • Option pricing workshop
  • Option Greeks
  • Building option portfolios
  • Option trading strategies
  • Options trading simulation
Day 8
  • Hedging with options
  • Hedging market risk with options
  • Interest rate options
  • Caps and floors
  • Pricing caps and floors
  • Swaptions
  • Cancellable and extendible swaps
  • Creating a cancellable swap
Day 9
  • Overview of credit derivatives
  • Single-name credit default swaps
  • Credit derivative indices: CDX, iTraxx, and others
  • Index trading case study
Day 10
  • Overview of VaR
  • Implementing VaR
  • VaR workshop
  • Measuring VaR using historical simulation
  • Expected shortfall
  • Fundamental Review of the Trading Book (FRTB)

Dates and Locations

Date
Date(s): 21 Oct 2019 - 1 Nov 2019

Location
New York

Category
Markets

Other Dates and Locations
Check our course schedule for alternative dates and locations where this course is offered.


  

$10,950.00


ACF specialises in creating tailored courses for our clients. Fill out the details below to obtain more information on how to run a customised version of this course in-house for your firm.

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