Short Term Interest Rate Futures - Online

This module explores short-term non-government denominated interest rate futures. Specifically, characteristics of short-term interest rate futures, quoting conventions, how futures are listed, applications of short-term interest rate futures, uses for short-term interest rate futures contracts, basis risk, strips, and the role of Eurodollar futures in pricing other products.

This course replicates the content from lesson 3 of Forwards and Futures - Online

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer. Subscription period for this course is 90 days.

Available TodayOnlineUSD$60.00
Instructional Method:
Self-Study
Level: Intermediate

CPE CREDITS
1
Traders, sales professionals, back office professionals, financial analysts, cash/money managers, auditors, compliance professionals, financial and bank officers, accountants and regulators.
Students will be able to:
  • Identify short-term interest rate future specifications.
  • Recognize the different applications of short-term interest rate futures.
  • Describe what basis risk is and how it is determined.
  • Recognize how strips are used to create synthetic futures rates and to price other derivative products.
Derivative Instruments or equivalent level of knowledge
  • Introduction to Forwards and Futures - Online
  • Forward Rate Agreements (FRAs) - Online
  • Note and Bond Futures - Online
  • Stock Index Futures- Online
  • Risks of Forwards and Futures - Online
    • Short Term Interest Rate Futures
    • Characteristics of short-term interest rate futures
    • Quoting conventions: forward rate agreements vs. short-term interest rate futures
    • How futures are listed
    • Applications of short-term interest rate futures
    • Role of Eurodollar futures in pricing other products
    Duration: 1 hour