Swaps I & II

New York Institute of Finance

ITEM FIPR0204

23 Jul 2024 - 24 Jul 2024

09:00 AM - 04:30 PM

$1,879.00

12 Nov 2024 - 13 Nov 2024

09:00 AM - 04:30 PM

$1,879.00

group

In person

update

2

language

English

school

Introductory

23 Jul 2024 - 24 Jul 2024

09:00 AM - 04:30 PM

$1,879.00

12 Nov 2024 - 13 Nov 2024

09:00 AM - 04:30 PM

$1,879.00

videocam

In person

update

2

language

English

school

Introductory


Questions? We're here to help you

Please complete this form and a NYIF Career Advisor will assist you.



Please fill in the field.

Next

Please complete this form and a NYIF Career Advisor will assist you.



Please fill in the field.

Prev
Next

Please complete this form and a NYIF Career Advisor will assist you.


Please fill in the field.

Prev
Next

Select preferred contact method

Schedule call

call center image

or

Please fill in the field.

Send us your questions

email image
Prev

Where Wall Street Goes to SchoolTM!

Please select a time and date from the calendar to book a 15-minute call with a NYIF Career Advisor.

You can also reach us on +1 347 842 2501 or marketing@nyif.com

Something went wrong, please try again later!

17

Swaps I & II

Develop a comprehensive, practical understanding of swaps including market conventions, contract specifications, valuation, trading strategies and the regulation of swaps markets.

CPE Credits: 14

This course is a component of the Derivatives Professional Certificate.

 

Prerequisite knowledge:

  • Intermediate MS Excel skills (use solver, etc.)
  • Basic probability
  • Basic calculus
  • Some knowledge of equity markets
  • Knowledge of fixed income basics

Learn now pay later with

To make it even easier to learn, you can finance your program through Affirm.

Loans offered through Affirm are available in the U.S. and Canada.

  • Easy monthly payments

    Learn more

  • Flexible payments

    Pay your monthly bill using a bank transfer, check, or debit card.

Module 1: Swap Fundamentals

  • Swaps as portfolios of forward contracts
  • Example: Commodity swaps
  • Physical vs. cash settlement
  • Market value of a swap

Module 2: Interest Rate Swaps: The Basics

  • Essential fixed income arithmetic
  • Value of a floating rate note
  • Par coupon rates
  • Vanilla interest rate swaps
  • Swap curves (term structures) and spreads

Module 3: Interest Rate Swaps: Advanced Topics

  • Eurodollar futures, FRA's and interest rate swap pricing
  • Forward starting swaps
  • Constant maturity swaps
  • Amortizing and accreting swaps
  • Overnight index swaps
  • ISDA documentation

Module 1: Taxonomy of Swap Contracts

  • Basis swaps
  • Currency swaps
  • Total return swaps
  • Equity swaps
  • Accrual swaps
  • The Bankers Trust - Proctor & Gamble leveraged swap

Module 2: Credit Swaps

  • Credit risk arithmetic
  • Single-name credit default swaps (CDS)
  • ISDA credit definitions
  • CDS market conventions
  • The CDS - cash basis

Module 3: Asset Swaps

  • Par asset swaps
  • Market asset swaps
  • Asset swap spreads vs. CDS spreads

Module 4: Applications

  • Why swap rates?
  • Speculating with interest rate swaps
  • Managing portfolio risk with equity swaps
  • Hedging credit risk
  • Regulation and evolving market structure for swaps
Customize Swaps I & II

* Required Fields

Your Customization
Swaps I & II

In stock

$1,879.00

Summary