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Course Highlights:
The participants to the program will gain an understanding of over-the-counter and exchange-traded Currency Derivatives, Interest Rate Derivatives, and Equity Derivatives. In addition to interest rate and currency swaps, the programme also covers Currency & Interest Rate futures, options. The specialized training program includes practical exercises and discussions enabling complete learning.
Benefits of the Programme:
- Acquiring Knowledge of derivatives
- Learning market dynamics of derivatives
- Understanding derivative product features
- Derivative pricing and appropriate offering to customers
- Trading and market making of derivatives
- Keeping abreast of derivatives regulations
Who should attend:
- All Treasury Sales Team
- Treasury Front Office, Back Office & Middle Office Teams
- Underwriting Audit & Compliance teams
Course deliverables:
- Registration to SIFL Learning Platform
- Course study material prepared by experts( Both print & soft copy)
- Derivatives maths and pricing material for various products
- Lectures by experts with good experience in Derivatives
- Pre Training Assessment on derivatives
- Exercises on Derivatives pricing, features & valuation
- Post Training Test on derivatives
- SIFL Certification upon completion of training program
Customised Training:
Our training programs are customized to meet the specific training and development solutions that match the needs of your organisation and teams. Training courses can be delivered onsite, online or through a blended learning approach.
Programme Derivative
- Simple Interest, Compound Interest , Continuous Compounding.
- Future Value, Present Value, Net Present value Break Even Net Present Value
- Forward-Forward Interest Rates
- Arithmetic Mean, Variance, Standard Deviation- Volatility
- Derivatives Policy, Systems & Procedures
- Derivatives Products, Limits & Infrastructure
- Derivatives activity monitoring by Middle Office, MIS to Middle Office, CFO & Top Management
- Derivatives – Back to Back covering, Balance Sheet Hedging, Speculative Trading
- Derivatives procedure set up and authority for ad hoc clearances
- Derivatives documentation with important correspondent counterparties- ISDA, CSA, GMRA, IFXCO, etc.
- Derivatives review process by Senior Management & Board
- Derivatives work shops, internal training and external training .
- Long Term Forward Contracts- Features, Application & Valuation
- Currency Swaps- Features, Application, Cashflows & Valuation Principle only swaps, Interest only currency swaps, Amortising Currency Swaps
- Currency Futures- Product ffeatures, Hedging, Trading, Arbitrage, Initial margin, Variation margin Futures Clearing & MTM Currency Options- Call/Put Options
- Option Strategies- Call Spread, Put Spread, Covered Call, Cash Back Put, Risk Reversal, Option Trading strategies
- Exotic/Digital Options: Knock in, Knock Out and combinations, One Touch, No Touch options
- Forward Rate Agreement- Features, Pricing, Valuation.
- Interest Rate Swap- Features, Pricing, Cashflows, Valuation . Hedging by IRS and Trading IRS
- Interest Rate Futures- Features, Pricing convention, Exchange parameters for Euro Dollar, Short Sterling, Euro Yen and Euro Swiss futures, Initial Margin, Variable Margin, FRA-Future arbitrage, FRA-Future hedging, Futures valuation
- Bond Swap- Features, Application, Valuations Total Return Swaps-Features, Application & Valuation
- Swaptions- Features, pricing convention, cashflows & valuation
- Interest Rate Options- Cap, Floor & Collar
Programme Director
Mr. P V Rao
Chief Executive – SIFL
Mr. P V Rao is the former Chief Executive of SBM Bank (Mauritius) Ltd. He is a veteran banker with extensive experience in retail banking, financial markets, and treasury operations.