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