Most popular programs
Trending now
Learn about Credit Default Swaps (CDS) and other factors used in pricing and trading credit default products.
Learn 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.
• Intermediate MS Excel skills (use solver, etc.)
• Basic probability
• Basic calculus
• Some knowledge of equity markets
Knowledge of fixed income basics
Explain Credit Default Swaps (CDS) and their importance in finance.
Describe CDS, their basic parameters, and their valuations.
Understand how to apply CDS to investment, hedging, and structuring.
Understand CDS, Credit Default Swap Index (CDX), and various other indices created to meet financial needs.
Understand Asset Swaps and their applications.
Module 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
