Derivatives Professional Certificate

Develop a comprehensive, practical understanding of derivative instruments including market conventions, contract specifications, valuation, trading strategies and the regulation of derivatives markets.
What you will learn:

• Learn to price forward and futures contracts.
• Be familiar with futures contract specifications and market conventions.
• Understand the valuation of a variety of swap contracts.
• Learn how to extract credit risk measures from CDS spreads and asset swap spreads.
• Understand common trading strategies using futures, forwards, swaps and options.
• Develop a conceptual understanding of the Black-Scholes-Merton option valuation model.
• Use option sensitivities (the Greeks) to determine the impact of changing model parameters on option prices.
• Understand basic hedge accounting using futures, forwards, swaps and options.