Courses
Sample Testimonial
Credit Default Swaps
"A very useful course which will be of much benefit." Hedge Fund Administrator, Dublin
Featured Course
Credit Default Swaps
Duration: Half day
Course Overview
By the end of this course participants will be able to
- Describe how credit default swaps (CDSs) work
- Explain the various terms associated with CDSs
- Explain why fund managers enter into CDS agreements
- Demonstrate an understanding of the factors that affect the value of a swap
- Describe the issues facing fund managers in trading CDSs
- Identify the issues facing administrators in trade processing, pricing and accounting for CDSs
Course Content
- CDSs in the news
- What is credit risk?
- Introduction to swaps
- CDS terminology
- CDS examples
- What determines the value of a CDS?
- Issues facing investors trading CDSs
- Accounting for CDSs
- CDS indices
- LCDSs
- Pricing OTC instruments: sources, guidelines and regulation
- Risk & control
- Recent developments
Who should attend?
Staff with little or no experience of credit default swaps but with some fixed income experience.
