Description
This course forms module two of the 5 day School of Derivatives programme being run in Singapore
Module 1: Non-option Derivatives Products (Days 1-3)
Module 2: Options & Structured Products (Days 4-5)
Course overview
Options & Structured Products
This module will provide detailed analysis of the financial risks and trading strategies of options as well as some commonly traded structured products. The asset classes covered will be FX and equity.
Excel spreadsheets with a built-in Black Scholes model will be used extensively to illustrate the key risk management concepts. The emphasis will be on using the models to gain a practical understanding of option pricing and risk management but not on the mathematics behind the models. No advanced level mathematics is required for this module.
As well as outlining how to use options for hedging purposes, this course will present common option trading strategies adopted by professional players.
Some commonly traded structured products in both retail and financial institutional sectors will also be explored. Participants will examine, from first principles, how to construct, price and risk manage some common structures. In the case of more complex structures, the focus will be to develop an intuitive understanding of the product and the inherent risks, including those that are not hedgeable, to which the investors and the structuring banks are exposed.
+ 44 (0)20 7779 8543
Email
