Course Brief

Topics to be covered:

  • Derivatives Uses
  • Futures
  • Options
  • Terminology
  • Derivatives / Commodity Exchanges
  • Swap

Derivatives Uses

On completion, the candidate should know the uses and application of derivatives.

 

Futures
On completion, the candidate should know the definition and function of a future,

 

Options

On completion, the candidate should:

  • know the definition and function of an option
  • understand the following terms:
    • calls
    • puts

Terminology

On completion, the candidate should:

  • understand the following terms:
    • long
    • short
    • open
    • close
    • holder
    • writing
    • premium
    • covered
    • naked
    • over-the-counter
    • exchange-traded

 

Derivatives/Commodity Exchanges

On completion, the candidate should:

  • know the function of a derivatives exchange and the products traded
  • know the potential advantages and disadvantages of investing in the derivatives and commodity markets

 

Swaps

On completion, the candidate should:

  • know the definition and function of interest-rate swaps
  • know the definition and function of credit default swaps

 

  • Introduction to Securities & Investment (International)

    CISI’s International Introduction to Securities and Investment (IISI) provides a comprehensive introduction to the financial services industry with a specific focus on investments from a global perspective. As well as being a standalone qualification, this programme is the introductory unit of CISI’s Investment Operations Certificate (IOC).


    Who should attend?

    This qualification is intended for new entrants who are beginning their career in the financial services industry. It is also suited to new or experienced investors with an interest in acquiring a more detailed understanding of investment products and financial markets. The programme covers key financial principles and products including assets and markets, equities, bonds, derivatives, investment funds, retirement planning, loans, mortgages, life assurance and protection insurance.

    What's more, through the partnership between CISI and ACCA, ACCA members and affiliates can join CISI without having to pay an initial membership joining fee (worth up to £50).


    Certification

    The Chartered Institute for Securities & Investment (CISI) is the leading professional body for those who work in, or aspire to work in, the investment sector, and they are passionately committed to enhancing knowledge, skills and integrity – the three pillars of professionalism at the heart of their Chartered body. Formed in 1992 by London Stock Exchange practitioners, CISI has a global community of more than 40,000 members in 121 countries.


    Click here to see the content and structure of the CISI IISI programme.