Overview
This course is designed to cover the important concepts and practices of derivative trading in Hong Kong and around the world, along with the important concepts and practices of structured products.
Objective
On completing this course, you should be able to:
a. Understand the nature of financial derivatives and structured products;
b. Understand the functions and risks associated with derivatives trading;
c. Explain the basic features, benefits and risks of the major categories of derivatives (including forward, futures, options and swaps) and structured products category;
d. Understand the concepts behind the pricing of the major categories of derivatives including the factors impacting their valuation;
e. Design a derivative strategy and a structured product strategy based on customer's needs and risk appetite; and
f. Understand the major categories of financial derivatives (exchange-traded vs. over-the-counter (“OTC”)) and structured products (capital protected vs. yield enhancement, various asset linked structured products).
Content Highlight
Introduction
Section 1: Overview of Derivative Markets
Section 2: Futures and Forwards
Section 3: Options and Swaps
Section 4: Structured Products
Conclusion
Who Should Attend
It is primarily targeted to CPWP candidates who wish to take the CPWP Module 1 Paper 1 Examination. It is also relevant to those PWM practitioners who would like to enhance their knowledge and skills in wealth management products.