Kurum-İçi Eğitim Programları
C08. Fundamentals of Swaps
OverviewSwap
The themes of this product are:
The fundamentals of swaps contracts
The different types of swaps and its variants
Structuring swaps based on requirement
Understanding pricing and valuation concepts of swaps
Course Level & Number of Courses
Basic & Intermediate Level
Library of 7 Courses
Instructional Method
Dynamic, Interactive e-learning
Recommended Background
Familiarity with basic financial concepts
Swap transactions which involve exchange of one
set of cash flows for another, represent one of the
cornerstones of derivatives trading. Since its
inception, the swaps market has experienced
phenomenal growth (over US$ 3 trillion in size
today). Financial institutions and corporate
treasuries are increasingly employing swaps. As
financial institutions and corporate treasuries
increasingly employ swaps and the market
experiences further growth in size and number, a
professional guide to understanding swaps is
essential for the various participants. This is an
excellent product for anyone from management,
trainee traders, back office support, accountants or
corporate treasurers seeking to use swaps in asset
management. It will help those with an interest in
swaps to understand the variety and complexity of
today’s market.
OverviewSwaps
The themes of this product are:
The fundamentals of swaps contracts
The different types of swaps and its variants
Structuring swaps based on requirement
Understanding pricing and valuation concepts of swaps
Course Level & Number of Courses
Basic & Intermediate Level
Library of 7 Courses
Instructional Method
Dynamic, Interactive e-learning
Recommended Background
Familiarity with basic financial concepts
Swap transactions which involve exchange of one
set of cash flows for another, represent one of the
cornerstones of derivatives trading. Since its
inception, the swaps market has experienced
phenomenal growth (over US$ 3 trillion in size
today). Financial institutions and corporate
treasuries are increasingly employing swaps. As
financial institutions and corporate treasuries
increasingly employ swaps and the market
experiences further growth in size and number, a
professional guide to understanding swaps is
essential for the various participants. This is an
excellent product for anyone from management,
trainee traders, back office support, accountants or
corporate treasurers seeking to use swaps in asset
management. It will help those with an interest in
swaps to understand the variety and complexity of
today’s market.
Swaps
Library of 7 Courses
Time taken to complete each Course: Two - Three hours
1. Swaps – Fundamentals
Objectives
What are swaps?
Elements of a swap
Participation by Financial Intermediaries
Types of Swaps
Pricing and Valuation Concepts
Risks associated with swaps
Documentation
2. Interest Rate Swaps
Objectives
What is an Interest Rate Swap?
Basic Transaction
Plain vanilla Interest Rate Swaps
Interpreting swap quotes
Pricing and Valuation of Interest rate swaps
3. Currency Swaps
Objectives
Introduction to currency swaps
Mechanism of a Currency swap
Pricing and Valuation of Currency swap
Currency Vs. Foreign exchange swaps
4. Commodity Swaps
Objectives
What is a commodity swap?
Plain vanilla commodity swaps
Pricing commodity swaps
Commodity swaps Vs. Futures contracts
Credit risk in commodity swaps
Swaps
Library of 7 Courses
5. Equity Swaps
Objectives
Introduction
A Plain Vanilla Equity Swap
A Single Currency Equity Swap with a fixed notional principal
Cross-currency Equity Swaps
What do Equity Swaps do?
Variations in the basic structure
6. Interest Rate Swap Variants
Objectives
Introduction
Asset swaps
Zero-coupon swaps
Basis swaps
Deferred swaps
Delayed- rate-setting and Rate-Capped Swaps
Amortizing Swaps
Draw down Swaps
Other variants
7. Swaptions
Objectives
Introduction
Swaption Variants
Pricing Swaptions
Uses of Swaptions
Swaps
JOB AIDS
Measurement Tools
Disclosures
Regulations
Global Best Practices
Benchmarking Data
Calculators in Swaps
1. Amortizing swaps
2. Commodity swaps
3. Currency swaps
4. Drawdown swaps
5. Forward swaps
6. Pricing Interest rate swaps
7. Daycount calculator
8. Currency Swaps Valuation Calculator
9. Swaptions
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