Derivatives, Securities and Risk Management

About This Course

This course will introduce the 3 main classes of derivatives: forwards/futures, swaps and options. After reviewing their unique characteristics and properties, it will move on to their strategic applications in risk management, arbitrage and trading, to achieve institutional and/or personal investment objectives. We will also evaluate various strategies to implement our view of directional movements and volatilities of interest rate, foreign exchange, and equities, for profitability. We will also study the financial risk management framework and regulatory requirements from a management perspective. Case studies will reinforce the concepts learnt, highlight the important applications of derivatives in hedging and trading, and provide various examples of the disastrous impact of the misuse of derivatives on affected financial institutions and the systemic risks they posed. There will be active engagement through group discussions, questions-and-answers, and the case studies sessions.