A practitioner-focused guide on various options and derivative products and their application in pricing, hedging and risk management
Dates: 10 - 14 September 2012
Volumes in the derivatives market are huge. According to BIS (Bank for International Settlements) the total notional amounts outstanding stood at about $650 trillion at the end of December 2011. At the end of October 2011, the yield on the one year German Bund turned negative. The once well understood "interest rate parity" is no longer obeyed. In addition, regulators are working around the clock implementing new regulations that will create mandates to form
SEF (Swap Execution Facilities).
During this 5-day workshop, you will roll up your sleeves and comprehensively evaluate the building blocks of structured products – options, vanilla, exotic and complex derivatives. You will also assess operational mechanics, pricing, valuation and practical issues in relation to hedging and replication.
Key Learning Objectives■ Option strategies for various market conditions
■ When to buy and when to sell each option type
■ Best practice techniques to pricing and hedging options illustrated with practical case studies and simulations
■ Get to grips with all the major risk management components
■ Master the complexities of a wide range of exotics, including Barrier, Asian, equity-linked, Digital and Ratchet options
■ Unlock new ideas for complex structured products
■ Best practice techniques for creating and analysing structured products
■ New derivatives on volatility
■ Seminar includes hundreds of pages of written materials as well as many spreadsheets which are completely unlocked and available for you to use
■ Highly practical seminar which includes data from Thomson Reuters Eikon
This highly practical course will enable you to learn from a true expert in his field. Through presentation, case studies and group discussions, you will enjoy an intermediate to advanced level description of a wide variety of current topics. Key concepts will be retained through the use of many illustrative examples. In particular, we use many spreadsheet examples as well as "stories from the field" to illustrate the relevant points and help you make the transition from theory to practice with outstanding results. The focus of the course is always on the practicalrather than the theoretical.
Highly practical course containing many hands on workshops.
Delegates are encouraged to bring along Excel enabled PCs.