Stock Index Futures
This module covers Stock Index Futures. These are futures contracts based on stock market indices as the underlying asset. This module will look at the characteristics of a stock index futures contract, how to determine the fair futures price, program trading, using stock index futures, and adjusting hedge ratios for beta. This course replicates the content from lesson 5 of Forwards and Futures.
This course replicates the content from module 5 of the course Forwards and Futures: Pricing and Risks.
CPE Credits: 1
|Prerequisites||Derivative Instruments or equivalent level of knowledge.|
|Advance Preparation||No advance preparation required.|
|Recent Revision Date||June 4, 2015|
|Instructional Delivery Method||QAS Self Study|
|Field of Study||Specialized Knowledge and Applications|
Duration : 1 hour
- Underlying indices
- Characteristics and specifications of stock index future contracts
- Determining the fair futures price
- Using stock index futures
- Adjusting hedge ratio for beta