FX Markets Derivatives, Cross Currency Swaps, and Credit Derivatives
Learn about Credit Default Swaps (CDS) and other factors used in pricing and trading credit default products.
This course is part of a Professional Certificate
- Length:3 Weeks
- Effort:1–2 hours per week
- Price:$215 USD
- Institution
- Subject:
- Level:Introductory
- Language:English
- Video Transcript:English
- Course Type:Self-paced on your time
Associated Programs:
Professional Certificate
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Prerequisites
• Intermediate MS Excel skills (use solver, etc.)
• Basic probability
• Basic calculus
• Some knowledge of equity markets
Knowledge of fixed income basics
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About this course
Skip About this courseLearn about Credit Default Swaps (CDS), and the basic information such as bankruptcy; restructuring; hazard rate; survival probability; credit spread; and other factors used in pricing and trading credit default products. We will also present some of the mathematical formulations and their applications to trading CDS.
As mentioned, the CDS market has grown drastically, and many new products and indices have been introduced. We will discuss some of these products and indices, and help you to get an overview of this exciting and somewhat complicated market today.
We're going to wrap up this course by going through a brief overview of asset swaps and the basic structure of them. The examples of asset swaps and their applications will be discussed.
What you'll learn
Skip What you'll learn-
Explain Credit Default Swaps (CDS) and their importance in finance.
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Describe CDS, their basic parameters, and their valuations.
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Understand how to apply CDS to investment, hedging, and structuring.
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Understand CDS, Credit Default Swap Index (CDX), and various other indices created to meet financial needs.
Understand Asset Swaps and their applications.
Syllabus
Skip SyllabusModule 01: Foreign Exchange Markets
Lesson 01: Overview
Lesson 02: Managing FX Risk
Module 02: Foreign Exchange Forwards and Futures
Lesson 01: Overview
Lesson 02: Deliverable and Non-Deliverable Forwards
Module 03: FX Swaps and Cross Currency Swaps
Module 04: Swaps and CDS
Lesson 01: Interest Rate Derivatives: Futures
Lesson 02: Asset Swaps
Lesson 03: Credit Derivative
Lesson 04: Portfolio Credit Default Swap
Lesson 05: Credit Indices
Module 05: Case Study
Meet your instructors
Interested in this course for your Business or Team?
Train your employees in the most in-demand topics, with edX for Business.