Swaps

A comprehensive e-learning product covering the fundamentals, types of and pricing of swaps contracts

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

Highlights
Library of 7 Courses
Available Products
Upcoming Products

Highlights

Overview
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.

After completing this course you will be conversant with:

The mechanism of a generic swap and the concepts and terminologies used in swaps
Different types of swaps and the motivation behind employing them
The variants in the basic structure of swaps and their pricing and valuation concepts

Target Audience
Every professional involved in the global financial services industry (as a provider, user, regulator or advisor of product/services, marketplace/exchange) would benefit from KESDEE’s innovative solutions.

Supervisory Agencies

Central Banks

Financial Institutions

Commercial Banks

Investment Banks

Housing Societies/Thrifts

Mutual Funds

Brokerage Houses

Stock Exchanges

Derivatives Exchanges

Insurance Companies

Multinational Corporations

Accountancy Firms

Consultancy Firms

Law Firms

Rating Agencies

Multi-lateral Financial Institutions

Others

Course Level and Number of Courses
Basic & Intermediate Level. Library of 7 Courses

Instructional Method
Dynamic, Interactive e-learning

Recommended Background
Familiarity with basic financial concepts

To purchase this course online, visit: Link
http://www.kesdee.com/coursedetails.jsp?productid=40&groupID=3

For purchase, contact us at

Library of 7 Courses

Swaps
Time taken to complete each Course: 1 - 2.5 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

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

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

Available Products

Upcoming Products

For more information about our e-learning products and services
visit us at www.kesdee.com