Course description
Traded Products and Risk Management
The Traded Products and Risk Management course is a comprehensive course designed for bankers, corporates, and regulators, and covers an extensive range of topics in a highly practical way.
Participants will not only learn how each financial product works, but will also understand the risks associated with their management and use.
The course is highly modular and flexible. Participants can sign up for individual days, groups of days, or for the entire 10-day course.
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Upcoming start dates
Who should attend?
Who Should Attend
Anyone who wants to master the financial markets and traded products, and to understand how to manage the risks arising from these instruments.
Prerequisites
None
Training content
Day 1
- Overview of banking risk
- Fixed income securities
- US treasuries simulation
- Equities markets
- US equities simulation
Day 2
- FX spot market
- FX spot simulation
- FX forward market
- FX forward simulation
- Restructuring FX forwards case study
Day 3
- Short-Term Yield Curve and Forward Rates
- FRAs
- FRAs simulation
- Futures markets
- Short-term interest rate (STIR) futures
Day 4
- Hedging using STIR futures
- Interest-rate futures simulation
- Bond futures
- T-Bond futures simulation
- Hedging bond portfolio case study
Day 5
- Interest rate swaps
- Currency swaps
- Swaps applications
- IRS simulation
Day 6
- Yield curve mathematics
- Deriving the discount function
- Pricing an FRA
- Pricing and valuing swaps
- LIBOR vs. SOFR swaps
Day 7
- Principles and Characteristics of Financial Options
- Option pricing models
- Option pricing workshop
- Option Greeks
- Building option portfolios
- Option trading strategies
- Options trading simulation
Day 8
- Hedging with options
- Hedging market risk with options
- Interest rate options
- Caps and floors
- Pricing caps and floors
- Swaptions
- Cancellable and extendible swaps
- Creating a cancellable swap
Day 9
- Overview of credit derivatives
- Single-name credit default swaps
- CDS simulation
- Credit derivative indices: CDX, iTraxx, and others
- Index trading case study
Day 10
- Overview of VaR
- Implementing VaR
- VaR workshop
- Measuring VaR using historical simulation
- Expected shortfall
- Fundamental Review of the Trading Book (FRTB)
Costs
- New York: $10,950
Certification / Credits
CPD: 70 hours
Learning Outcomes
By attending this course, you will:
- Obtain a clear and thorough understanding of a wide range of financial products including: US Treasuries, cash equities, FX spot and forward, FRAs, futures, swaps, options, and credit derivatives
- Learn about some of the most recent changes, e.g. LIBOR cessation and SOFR-linked futures and swaps
- Explore how each major financial product behaves, how each is fairly priced, and how these products are created, handled, sold, and used by banks
- Examine risk management and Value-At-Risk (VaR) concepts – the techniques used by banks to manage a portfolio of financial products
- Investigate the custom and practice of trading on the financial markets
- Obtain extensive first-hand experience of each market and product with the award-winning Global Trader simulator
Why choose ACF Academy?
Over 100,000 professionals trained globally
Award-winning practical financial simulations
Consistently high ratings
Contact this provider
ACF Academy
ACF Consultants are a global leader in providing practical and effective training for financial professionals. Leading banks, companies and financial institutions from all over the world partner with us to develop their people to achieve their goals. They trust our...