London Financial Studies courses

...How regulation affects markets: last look pricing... Learn about: Algorithmic Trading, Volume prediction, Equities Derivatives...

...of assets and liabilities in the banking book Measuring interest rate, liquidity and currency gaps Identifying interest rate sensitive assets and liabilities... Learn about: FX traders, Economic Capital, Financial Institutions...

...and deflation drivers Market participants The mechanics of index-linked bonds Variations in index-linked bond structures and embedded optionality Break-even... Learn about: Inflation Derivatives, MS Excel, Microsoft Excel...

...yield curves The form of the discount function Methods of interpolation OIS, Libor and N way curve building Maximum smoothness Cubic splines in detail... Learn about: Binomial tree, Monte Carlo, Trinomial trees...

...and FRAs - Understand the four equivalent expressions of a yield curve: par curve, zero curve, discount curve, and projection curve - Construct hedges using futures... Learn about: IT risk, Interest Rate Options, OIS mechanics...

...This 2 day course covers bank stress testing, analysis and valuation. The programme begins with foundation work covering the basic bank business model... Learn about: Macroeconomic data, Quality Training, Equity Valuation...

...This course explains and describes the valuation adjustments in derivatives pricing in relation to counterparty risk, collateral, funding and capital components... Learn about: Risk Assessment, CVA hedging, Credit Risk...

...risk Implementation challenges of the FRTB Changes to future risk management practices Issues not addressed by FRTB Products and businesses impacted by... Learn about: Internal Models, Regulation Law, Risk Strategy...

...developments Policy responses Exit strategies Economic forecasts Current forecasts Forecast risks Exercises... Learn about: Monetary Policy, Economic Policy, Exit strategies...

...Financial and valuation controllers Private wealth managers Risk managers and regulators Finance directors Bank and corporate treasury managers Day... Learn about: Market Models, Hedging Volatility, Vega convexity...

...stressed covenant compliance; stressed liquidity position Altman Z Score Deriving probability of default from expected default frequency in Merton/Merton... Learn about: Credit Risk Management, Financial Modelling, Risk Management...

...collateral closeout Collateral Options CCS pricing and the cross currency basis The mathematics of collateral currency The value of switching collateral... Learn about: GCSE Mathematics, Risk Managers, CSA Price...

...case for CPPI Dynamic allocation, cushion and multiplier High Water Mark funds Clients paying for Gamma Hedging gap risk and duration risks Particularities... Learn about: Fund derivatives, Investment Banking, Illiquid assets...

...and futures The fair forward and the basis Index futures, margining and settlement Hedging with futures, adjusting for Beta Workshops: Hedging equity exposure... Learn about: Macro Economics, Foreign Exchange, Fixed Income...

...main themes forming the background to global markets: efficacy of macro policies, including austerity, stimulus, monetary and fiscal policies... Learn about: Foreign Exchange, Risk Premiums, Fiscal Policy...

...of premium with market and contract parameters Electronic trading platforms Vanilla Options Structures Spreads, straddles, strangles, risk reversals... Learn about: FX Market Risk, Currency Swaps, Risk reversals...

...One Hedging Cost Forwards Put Call Parity Binomial Tree model Black Scholes Merton model Delta Hedging Volatility Several angles at delta hedging Simulation... Learn about: Stress Testers, Hedging Simulation, Vega matrix...

...conditions Systematic tail risk hedging Workshops: Assessing tail risk hedging strategies by asset class Building a simple S&P put spread strategy Determination... Learn about: Investment strategies, Algorithmic Trading, Market Liquidity...

...The use of probability theory in financial modelling can be traced back to the work on Bachelier at the beginning of last century with advanced probabilistic... Learn about: Poisson Distribution, Stochastic Calculus, Differential Equations...

...Simple and Log returns, Volatility and VaR Log returns, Alpha, Beta and the Security Characteristic Line Modern Portfolio Theory and CAPM Modelling... Learn about: Maths Refresher, Financial Training, Financial techniques...