Understanding Derivatives and Complex Securities

Understanding Derivatives and Complex Securities

THE PROGRAM

Derivatives are increasingly complex yet becoming a common part of the securities industry. Whether you are involved in portfolio management, trading, custody or accounting, knowledge of these instruments and how they work is essential in today's investment environment. This course will provide the participant with an overview of the various derivatives and complex securities and their key features.

Seminar Contents

1.0 FUTURES

2.0 OPTIONS

3.0 REAL ESTATE SECURITIES

3.1 Mortgaged Backeds

3.2 TBAs

3.3 CMOs

3.4 REITs

4.0 MONEY MARKET DERIVATIVES

4.1 Repos and Reverse Repos

4.2 Dollar Rolls

5.0 EMERGING MARKET SECURITIES

6.0 SWAPS

6.1 Interest Rate

6.2 Credit Default

6.3 Total Return

6.4 Swaption

7.0 OTHER COMPLEX SECURITIES

7.1 Inverse Floaters

7.2 TIPs

7.3 Bank Loans

7.4 Trains & Tracers

7.5 Strips

7.6 Linked Securities

7.7 Depository Receipts

8.0 DERIVATIVE TRADE FLOW PROCESS

8.1 Exchange Traded Derivatives

8.2 OTC Derivatives

9.0 DERIVATIVE AND COMPLEX SECURITY TRENDS

9.1 New Products

9.2 Investment Strategies

9.3 Valuation

9.4 Reference Data Management

9.5 Settlement

9.6 Standards

"Bridging the gap" between business and technology