Miscellaneous

Introduction to Derivatives and Hedging: Part 3 of 3 v2.1

This course describes the various types of swap and option contract arrangements/ instruments that are available to market participants and discusses appropriate ways to use these derivative-based instruments to hedge exposed positions. Throughout the course, the unique characteristics of these arrangements/instruments are highlighted and explained, and their mechanics are exhibited in detailed examples and illustrations. Swap arrangements such as interest rate swaps, currency swaps, and credit default swaps, and the process for calculating swap settlement amounts, is reviewed. The course concludes with a detailed discussion of options trading and options markets, further examining put and call options and their uses, option payoff calculations, and options strategies including covered calls, spreads, and combinations.

IMPORTANT: This course, previously titled "Introduction to Derivatives and Hedging: Part 3 of 3 v2.0" has been republished in our current course platform. Please be aware that the content is the same, with only minor updates. If you have already received credit for this course, you cannot receive credit again.

Learning Objectives:

After completing this course, the course participant should be able to:

  • Identify the unique characteristics of swap agreements and recognize the differences between the various types of swaps.
  • Calculate swap settlement amounts.
  • Recognize appropriate hedging practices using swaps.
  • Identify the unique characteristics of option contracts.
  • Recognize the differences between option contracts and other types of derivative products.
  • Recognize appropriate hedging practices using option contracts.
  • Calculate the payoff from an option contract.


Prerequisites/Advanced Preparation:

Knowledge of accounting and finance concepts, and basic derivatives terminology and mechanics


Speaker / Author:

Michael J. Walker

Michael J. Walker CPA is a New England-based Certified Public Accountant with over fourteen years of accounting experience in the financial services, information technology services and construction industries. He is currently a Vice President at one of the largest financial institutions in the world. He has an extensive technical accounting background that includes hands-on experience with U.S. GAAP, Canadian GAAP and International Financial Reporting Standards (IFRS). His expertise includes the accounting for derivatives, fixed income investments & securitizations. He graduated from Bentley University with a B.S. in Finance (1995) and a M.S. in Accountancy (2000).

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Price (USD)

Standard: $49.90

Details

Course Code : 99WAL03c-v2A

Release Date : 03/20/2023
Expire Date : 03/31/2025
Credits :
CPE 2.00
QAS 2.00
Length : 1hr 40min
Course Level : Basic
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Finance

Theme : Miscellaneous

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