Price category: C
Date: Check the Agenda section on this website
Location: Amsterdam
Duration: 2 Days
Time: 09:00 - 17:00
Language: NL / EN
Lecturer(s): Bob Emanuels
PE points:  14

Introduction:

This course provides practical training and interactive learning on how derivatives work and is employed within strategies, to increase the interaction between front, middle and back-office staff and to improve confidence. 

Building on the foundation of the course “Fundamentals of derivative products”, the Intermediate 2-day course offers participants an opportunity to deepen their knowledge and explore the use of Derivatives in a variety of risk mitigating, yield enhancement and trading solutions. During the course delegates will learn to use derivative-pricing tools in order to enhance their knowledge and to understand and use it in a practical way. 

Learning objectives:

To provide a more in-depth knowledge to participants who have attended the fundamentals of Derivative Products course or have knowledge of the subject matter at equal level At the end of the course you will understand how Interest Rate and Credit Derivative Products are used in risk mitigating structures, yield enhancement and trading After the course delegates learned how to price Interest Rate and Credit Derivative Products Delegates will learn how to compare and contrast mechanics and risks of Interest Rate and Credit Derivative Products

• Obtain a good understanding of derivatives
• Being able to identify the mechanics of Derivatives
• Understand the high level life cycle of derivatives
• Understand how derivatives relate to their underlying cash market
• Provide more in-depth knowledge to participants who have attended the fundamentals of Derivative Products course or have knowledge of the subject matter at equal level
• Understand how derivatives are used in risk mitigating structures, yield enhancement and trading
• Learn how to price FX and MM Derivative

Target group:

Treasury Professionals
Relationship Bankers
Portfolio Managers
Corporate Treasurers
Financial Consultants and Directors
Back and middle-office professionals
Hedge Fund Managers
Private Bankers
Market Risk Managers
Legal and Compliance Officers
Regulators

Content:

Topics:

• Essentials, Terminology and Valuation of the following Derivative Asset Classes;
• FX Derivatives
• Interest Rate derivatives
• Credit Derivatives
• Derivative Risks
• Market, Counterparty, Operational Risks
• ISDA, CVA, CSA, Market Conventions
• Use of Derivatives
• Hedging, Trading and Yield Enhancement
• Directional and non-directional strategies
• Price quotation, settlement and execution
• Clearing and Settlement of Derivatives
• OTC versus Exchange traded Derivatives
• Clearing and settlement of Derivatives
• Lifecycle of a swap
• Centralized clearing, Initial & Variation Margin
• Impact of EMIR, CCP, Trade repositories
• Pricing and Strategies of the following Derivative Asset Classes;
• FX Derivatives
• Interest Rate derivatives
• Credit Derivatives
• Derivative Risks
• How to handle negative and positive Mark To Market
• Risk in Derivative strategies
• Risk measures (1th generation Greeks)
• Use of Derivatives
• Derivative strategies used for risk mitigation, yield enhancement and trading
• Directional and non-directional and both strategies
• Exotic Derivatives

Methodology:

• The participants will receive an (English) written handout
• The course will be supported by a Power Point presentation
• At the end of the course the participants will be given a certificate of completion.

Extra:

VAT is not applicable on Investment Academy training