The interest rate derivatives market is the largest derivatives market in the world and it is a vital component of the global derivatives market. According to the International Swaps and Derivatives Association (ISDA), 80% of the world's top 500 companies used interest rate derivatives to control their cash flows.
This course assumes that participants have minimal or no knowledge of interest rate derivatives. It describes the nuances of various related derivative instruments within the interest rate derivatives markets, and explains in detail the trading, pricing and valuation of these instruments. We will begin with a general overview of the markets and its participants. You will then be taken through the fundamentals of cash flow discounting; interest rate futures and FRA's - hedging applications; interest rate swaps, and interest rate options, caps, floors, and swaptions definition.
Candidates can choose to enrol on any of the available class formats - Daytime Release, Weekend or Evening Series.