Futures and Forward Contracts
Description
The futures market is one of the largest financial markets in the world. Yet it is a market that is not well known, because of its operational complexity. Forward contracts are similar to futures contracts, but they are handled over the counter. This course provides participants with a detailed look at futures and forward contracts, as well as various aspects of futures and forward markets in both Europe and the U.S.
Course Content
- Attributes of futures
- Futures vs. forward contracts
- History and development of futures
- Futures exchanges and how they function
- Futures clearing and margining
- Market practice for forward contracts
- Pricing of futures and forwards
- Use of futures and forwards for hedging, arbitrage, financial engineering and speculation
- Risks associated with futures and forwards
Duration
1 day for up to 12 participants
Target Audience
Financial service professionals with at least 1 year experience in financial services who want to understand futures.