4. OTC Derivatives
This module provides advanced coverage of interest rate, currency, equity and commodity swaps, forward rate agreements, and OTC options such as caps, floors and collars. It helps understand how these instruments are structured, traded, priced and used.
5. Advanced Trading Techniques Using Derivatives
The module explains how options are priced and how they are used to create bull and bear spreads. In addition, you will learn about volatility, income, and hedging strategies, and about how technical analysis can be used as a tool for both options and futures trading.
6. Advanced Risk Management and Product Structuring Techniques Using Derivatives
This module explains how derivative instruments are used to mitigate interest rate, currency, equity, energy, metal, and agricultural price risk faced by organisations involved in these underlying markets. It covers option- and forward-based derivatives and exchange-traded and OTC derivatives. The module concludes by describing the benefits and risks of this increasingly common use of derivatives to investors.