Pilihan program

Ringkasan program

This programme aims to provide a structured approach for participants to understand the building blocks of derivatives and their applications in treasury risk management and yield enhancement. Curriculum starts with an overview on the risk management process, from identification of types of risks, quantification, mitigation to risk benchmarking against set targets. This is followed by the basic building blocks of foreign exchange and interest rate derivatives, such as FX forward, non-deliverable forwards (NDFs), forward rate agreements (FRAs), interest rate swaps (IRS) and their applications in carry trades and covered arbitrages. Trainer will discuss the yield curve, term structure of interest and look at swap pricing using zero coupon methodology. Participants will progress to learn the characteristics, mechanisms and applications of more complex instruments such as cross currency swaps, net basis swaps, coupon swaps, non-deliverable swaps, digital options and swaptions. This is followed by a discussion on the key steps in preparing risk management proposals. Trainer will go through working examples on how to put the building blocks together to structure treasury solutions using interest rate collars and corridors, knock-out caps, cancellable swaps and other exotic options. The programme will also look at how the same building blocks can be used to structure yield enhancement investment products. Certificate of attendance will be awarded only upon completing the programme.

Modul program

The modules include: Basic Building Blocks of FX and Interest Rate Derivatives; Derivatives - Spreads and Combinations; Structuring Derivative Solutions and Exotic Options.

Kualifikasi

Sertifikat

Institusi penerbit ijazah

Singapore Management University (SMU)