Up to date and essential information for financial services professionals who are not derivatives specialists but wish to improve their understanding of this complex but vital area. Each workshop is seperately bookable.
Derivative Risk Control
2nd November 2011
In Just One Day:
• Identify, measure and control risk including Market risk, Credit risk, Counterparty credit risk, Liquidity risk, Operational risk, Documentation and legal risk
• Learn why derivative risk is different from other products and how that affects clearing and settlement, margin, collateral and much more
• Establish how to control derivatives using mark to market vs. mark to model
• Find out how hedging works and learn what the Greeks tell us about risk
• Identify the ways that operational and other risk control systems can be used in derivative risk control
• Learn to use the latest and most effective strategies for controlling derivative risk
Derivative Pricing
3rd November 2011
In Just One Day:
• Gain a thorough grounding in pricing fundamentals, including the regulatory and accounting considerations and the impact of market liquidity
• Examine the use – and pitfalls – of various models, including Binomial and Black Scholes, and their part in the risk management process
• Learn and practise the different approaches topricing futures, forward and options
• Know how to calculate derivative fair value, and when to use the market or arbitrage price
• Explore the effects of volatility and cost to carry on option pricing
• Understand the role of the Greeks in hedging and setting risk parameters
• Be more effective in identifying and preventing questionable pricing decisions |
