Financial Markets and Products
The Financial Markets and Products module is broken down into the following elements:
- Clearing house mechanisms, structural hubs, exchanges
- Netting, collateral and downgrade triggers
- Futures, forwards, swaps and options
- Derivatives on fixed income securities, interest rates, foreign exchange, equities and commodities
- Measuring portfolio exposures
- American options, effects on dividends, early exercise
- Trading strategies with derivatives
- Minimum variance hedge ratio
- Cheapest to deliver bond, conversion factors
- Commodity derivatives, cost of carry, lease rate, convenience yield
- Basis risk
- Foreign exchange risk
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