| Price | £900.00 + VAT | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Duration | 1 day | ||||||||
| Location | London | ||||||||
| Available Dates |
|
Session 1
- Introductions
- Course structure & agenda
- Derivatives
o Definitions
o Key types
o Comparisons with trading physical
o Underlying asset classes
o Derivatives exchanges
- Q&A session
- Exercises
Session 2
- Futures
o Definition
o Standardised features
o Examples
o Settlement & marking-to-market
o Clearing & margin
- Q&A session
- Exercises
Session 3
- Futures continued
o Futures v forwards
o The order-trade-clearing process
o Trading physical v trading futures
- Key language
- Understanding a trading screen
- Q&A session
- Exercises
Session 4
- Evolution of derivatives
- Using derivatives:
o Hedging
o Speculation
o Arbitrage
- Futures pricing & Fair value
- Cost of carry
o Contango
o Backwardation
- Q&A session
- Exercises
Session 5
- Futures spreads
o Calendar spreads
o Rolling
o Spreads and speculation
o Spread liquidity
- Q&A session
- Exercises
Session 6
- Analysing futures markets
o Fundamental analysis
o Technical analysis
- Introducing options
o Definitions
o Key features
o Comparison with futures
- Course summary
- Explanation of post-course resources
- Q&A session