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Fundamentals of Derivatives for Commercial Banks
June 26-27 • Atlanta, GA
October 23-24 • New York, NY
Fundamentals of Derivatives provides a foundational knowledge of the derivatives most frequently employed by banks and their commercial customers. Each product is defined and discussed in the context of equity, interest rate, currency, index, credit and commodities.
The course yields a clear understanding of the nature of derivatives, their pricing and risk/return characteristics, as well as how they are used by banks and customers of the bank.
Topics include:
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The meaning of derivatives, the major products and relationships between them, and their risk/reward profiles |
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How banks construct, trade and market derivatives, and the impact that these products have on a bank's financial statements, income, risk profile and customers |
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The basic types of options and option combinations, how payoff profiles and pricing options are developed |
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Futures, swaps and credit derivatives |
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How to find and interpret the information from the major futures and options exchanges |
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How derivatives can be used, both by banks and their customers, for hedging, trading and speculation |
Prerequisites:
Derivatives for Commercial Banks is an introductory level program geared to commercial bankers with little or no understanding of the instruments covered. No prior derivative experience or knowledge is assumed and the program is entirely self-contained.
Please note: This program does not cover tax or accounting aspects of these products.
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