The foreign exchange market spans the globe with trading taking place every working hour of the week, from Sydney, across the globe to New York. Overlapping time zones mean that, apart from weekends, there is always one centre open. According to the Bank of International Settlements it records an estimated turnover of more than $5 trillion per day (2013).
This course introduces you to the fundamental building blocks of the foreign exchange market, exposing you to the spot market, cross rates, forward exchange contracts, influencing factors on the Forex market as well as a sneak preview of swaps.
This course introduces you to the basics of FX and Interest Rate Options. The course provides you with a thorough understanding of all concepts including Option terminology, Option pricing, Option pay-off lines, Vega, Straddles, Strangles, Caplets, Caps, Floorlets, Floors, Collars and Swaptions
This course introduces you to the crucial role played by derivatives in the financial system. When used correctly there are very few other instruments that can be as effective and beneficial to manage and reduce risks as derivatives.
Capital markets are markets in which institutions, corporations, companies and governments raise long term funds to finance capital investments and expansion projects. The bond market, also known as fixed income or the long term debt market, falls into this category.
This course introduces you to the fundamental building blocks of the fixed income market, exposing you to the basic principles of bonds, pricing of bonds, duration and convexity as well as bond yields and bond yield curves.
This course introduces you to the basic concepts of the Swaps, options and futures and how to use money market interest rate derivatives to hedge interest rate risk. To recognise the principal classes and types, and understand the terminology, how they are quoted in the market, how their value changes with the price of the underlying asset and the other principal factors determining the premium, how the risk on an option is measured and how they are delta hedged. To recognise basic option strategies and understand their purpose.
The background of financial markets dates back to many centuries and have become increasingly sophisticated in recent times.
The Financial Market is a marketplace where several participants (buyers and sellers) exchange money through a range of intangible assets, whose value is a claim to a future return. These markets are both monetary policy implementation and resource-mobilisation vehicles, essential to economic growth and stability.