Credit Derivatives/Equity Derivatives/Exotic Derivatives

The terms credit derivatives and credit default swaps have gone from being only in the domain of financial professionals to being household words. This interactive course is designed for finance professionals who need to understand the mechanics and risks of credit derivatives and CDOs.

30-Jul-2012 -- 30-Jul-2012New YorkUSD$1575
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Mayra Rodríguez Valladares; ] Mon Level: Intermediate

CPE CREDITS
7.0
Finance professionals.
No advance preparation required.
Students will be able to:
  • Identify mechanics of credit default swaps
  • -Single name, basket, portfolio, credit spread options, credit swaptions and credit spread forwards
  • Identify uses of CDS indices
  • Identify mechanics of Collateralized Debt Obligations
  • Evaluate potential new regulations for credit derivatives
  • -Identify the competing regulatory approaches for CDSs
Module I - Credit Derivatives
  • Identify mechanics of total return swaps
  • Analyze vanilla, binary, portfolio and basket CDSs
  • Define swaptions, credit spread options, credit swaptions and credit spread forwards
  • Compare and contrast advantages of these instruments and their risks

    Article: Europe and CDSs

    Module II - Credit Derivatives Indices

    • Identify mechanics of CDS indices
    • Compare and contrast advantages to indices products
    • Compare and contrast advantages of these instruments and their risks

    Module III - Structured Credit Products

    • Identify mechanics of
    • - CDOs
    • - Synthetic CDOs
    • Compare and contrast advantages of these instruments and their risks
    Case Study: Goldman Sachs

Clients who register for this course will receive a complimentary 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

Lunch is included for all students taking day classes.