Equity Structured Products: Design, Pricing and Implementation

London Financial Studies
4.4
4 reviews
  • I truly liked the manner in which the course was organized and the flexibility given to us by the educator to fulfill the interest of every delegate.
    ← | →
  • The coach made an awesome work. I think Dr Schoutens was exceptionally productive in clarifying the course content from the easiest ideas to more confused substance. The excel related activities were amazingly helpful as they give you a considerably more pragmatic comprehension of the drivers of the option costs.
    ← | →
  • I have gained such a great amount from the equity structured items course that I would exceedingly prescribe to anyone that arrangement with the items themselves or with customers. Additionally, Professor Wim conveyed the class in a remarkable way by clarifying troublesome ideas in such a simple path with a blend of hypothesis and practice. Educator made the class truly fascinating and his instruction abilities are incredible. I would come back once more.
    ← | →

Short course

In London

£ 3,975 + VAT

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Description

  • Type

    Short course

  • Location

    London

  • Duration

    3 Days

A comprehensive programme on the design, use and pricing of structured products. This course explains how the products are constructed, hedged and applied in live situations.

Practical workshops illustrate the details of product design and use. They provide participants with the confidence that stems from a solid understanding of the current frameworks for pricing and applying exotic options.

Facilities

Location

Start date

London
See map
34 Curlew Street, se12nd

Start date

On request

About this course

Structured Products Desks, Financial Engineers, Product Controllers
Traders, Dealing Room Staff and Sales People
Risk Managers, Quantitative Analysts and Middle Office Managers
Fund Managers, Investors, Senior Managers
Researchers and Systems Developers

A basic understanding of options.

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Reviews

4.4
fantastic
  • I truly liked the manner in which the course was organized and the flexibility given to us by the educator to fulfill the interest of every delegate.
    ← | →
  • The coach made an awesome work. I think Dr Schoutens was exceptionally productive in clarifying the course content from the easiest ideas to more confused substance. The excel related activities were amazingly helpful as they give you a considerably more pragmatic comprehension of the drivers of the option costs.
    ← | →
  • I have gained such a great amount from the equity structured items course that I would exceedingly prescribe to anyone that arrangement with the items themselves or with customers. Additionally, Professor Wim conveyed the class in a remarkable way by clarifying troublesome ideas in such a simple path with a blend of hypothesis and practice. Educator made the class truly fascinating and his instruction abilities are incredible. I would come back once more.
    ← | →
100%
4.4
fantastic

Course rating

Recommended

Centre rating

Anonymous

5.0
14/10/2016
What I would highlight: I truly liked the manner in which the course was organized and the flexibility given to us by the educator to fulfill the interest of every delegate.
What could be improved: N/A.
Would you recommend this course?: Yes

Anonymous

4.0
11/10/2016
What I would highlight: The coach made an awesome work. I think Dr Schoutens was exceptionally productive in clarifying the course content from the easiest ideas to more confused substance. The excel related activities were amazingly helpful as they give you a considerably more pragmatic comprehension of the drivers of the option costs.
What could be improved: No negative aspects.
Would you recommend this course?: Yes

Anonymous

3.5
11/09/2016
What I would highlight: I have gained such a great amount from the equity structured items course that I would exceedingly prescribe to anyone that arrangement with the items themselves or with customers. Additionally, Professor Wim conveyed the class in a remarkable way by clarifying troublesome ideas in such a simple path with a blend of hypothesis and practice. Educator made the class truly fascinating and his instruction abilities are incredible. I would come back once more.
What could be improved: Nothing.
Would you recommend this course?: Yes

Anonymous

5.0
05/09/2016
What I would highlight: The course traces for all intents and purposes how the organized items are set-up in genuine and how the item supporting happens.
What could be improved: Everything was positive.
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

This centre's achievements

2016

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 16 years

Subjects

  • Options
  • IT risk
  • Risk
  • Equity
  • Derivatives
  • Gap risk
  • Hybrid products
  • Volatility Derivatives
  • CPPI
  • CPDO
  • Correlation
  • Risk Management
  • Dividend Swaps
  • Design
  • Implementation
  • Equity Structured Products

Teachers and trainers (1)

Wim Schoutens

Wim Schoutens

Teacher

Prof Wim Schoutens is Research Professor in financial engineering in the Department of Mathematics at the Catholic University of Leuven, Belgium. Prof Schoutens is also the author of "Lévy Processes in Finance: Pricing Financial Derivatives" and co-editor of "Exotic Option Pricing and Advanced Lévy Models" both published by Wiley Finance. His research interests cover all areas of financial mathematics, with recent publications on jump driven credit models and equity models, model risks, hedging of exotics and multivariate financial modelling.

Course programme

Day One

The Basics of Option Pricing
  • Options and Forwards
  • The basic principles of option pricing
  • Black and Scholes
  • Implied volatility
  • Exotic derivatives
  • Dividends and Dividend Swaps
Basic Structured Products
  • What are Structured Products?
  • Comparison of Structured Products with traditional instruments
  • Advantages of using Structured Products
  • Principal protection vs principal at Risk
  • Reverse Convertibles
  • Bonus Certificates
  • Range Accrual
  • Path dependent structures
    - Barriers
    - Lock In
    - Cliquet
    - Lookback Hi Score
    - Power
    - Twin Twin
  • Auto cancellable options
  • Equity Default Swaps
Workshop (Excel): Design of a Principal protected Notes and Reverse Convertibles

Day Two

Valuation of Derivatives and Structured Products
  • Black and Scholes
  • Smile conform pricing: towards jump models and stochastic Volatility Models
  • Detailing Heston Volatility Model
  • Vanilla Pricing under Heston Model
  • Calibrating the model
  • Monte Carlo pricing
  • Introduction to basic variance reduction techniques
  • Examples of how MC can be used to value and manage a range of path dependent exotic options
Workshop: MC pricing under Heston

Hedging and Risk Management of Structured Products
  • Delta Hedging
  • The consequences of delta hedging (what happens when the stock is illiquid)
  • Static Hedging
  • The Greeks: delta gamma theta vega
  • Volatility and the gamma theta trade off
Workshop: Hedging Digital Options

Day Three

Correlation products
  • What is correlation?
  • What causes correlation?
  • Dispersion trades
  • Examples of correlation dependent exotic options
  • Call on a basket of stocks or indices
  • Worst of/ best of call options
  • Barriers on worst and best of calls
Workshop: Design and MC pricing of Basket Products

Some products that went completely wrong and why
  • Structured Credit Risk Products
  • CPPI
  • CPDO
  • Gap risk
New trends in products
  • Gap risk
  • Hybrid products
  • Volatility Derivatives
  • Structured Credit Risk Products

See related categories

Equity Structured Products: Design, Pricing and Implementation

£ 3,975 + VAT

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