Explore the fundamental types of derivative instruments, their characteristics, uses, and roles in financial markets. Learn about forwards, futures, options, and swaps, and understand their payoff structures, benefits, and risks.
Discover the multifaceted uses of derivatives in financial management, including hedging, speculation, and arbitrage, and learn how they benefit market participants.
Explore the differences between Over-the-Counter and Exchange-Traded derivatives, including their advantages, disadvantages, and implications for risk and liquidity.
Explore the intricacies of call and put options, their characteristics, rights and obligations, pricing components, and factors influencing option premiums in the Canadian Securities Course.
Explore the intricacies of option pricing models, focusing on the Black-Scholes Model, its assumptions, inputs, and limitations, essential for mastering the Canadian Securities Course.
Explore the role of The Greeks in options trading and risk management, including Delta, Gamma, Theta, Vega, and Rho, and their impact on option pricing and portfolio strategies.
Explore common options trading strategies, their objectives, risk profiles, and how to construct them effectively. Learn about bullish, bearish, neutral, and income strategies, and understand how to illustrate payoff diagrams.
Explore the intricate specifications of futures contracts, their standardization, and the roles of exchanges and clearinghouses in facilitating efficient trading.
Explore the crucial role of marking to market and margin requirements in futures trading, including daily settlement processes, initial and maintenance margins, and their impact on credit risk mitigation.
Explore the intricacies of pricing and valuation of futures and forwards, focusing on the cost-of-carry model, pricing relationships, and arbitrage opportunities.
Explore the intricacies of settlement procedures in futures contracts, including physical delivery, cash settlement, and the importance of delivery specifications.
Explore the intricacies of interest rate swaps, their structure, usage in risk management, motivations for engagement, and the calculation of net payments. Learn the benefits and risks associated with these financial instruments.
Explore the mechanics, advantages, and strategic uses of currency swaps in cross-border financing, including detailed examples and considerations for managing these financial instruments.
Explore the intricate world of structured products, their creation using derivatives, investment objectives, examples, and the associated benefits and risks.
Explore the intricacies of hedging techniques using derivatives to manage financial risks effectively. Learn about the process, benefits, limitations, and best practices in hedging market, interest rate, and currency risks.
Explore the role of speculation and leverage in financial markets, focusing on derivatives. Learn about speculative strategies, potential rewards, risks, and risk management techniques.
Explore the intricacies of counterparty risk in derivatives transactions, including management strategies in OTC and exchange-traded markets, the role of collateral and netting agreements, and the importance of due diligence.
Explore the regulatory framework governing derivatives in Canada, focusing on compliance obligations, market impact, and the importance of staying informed.