Courses
Sample Testimonial
Swaps
"For such a complex subject he managed to break it down into simple steps for a new starter." Fund Administrator, Dublin
Featured Course
Swaps
Duration: One day
Course Overview
At the end of this course participants will be able to
- Describe how swaps and spreadlocks work
- Explain why fund managers use these types of instruments
- Demonstrate an understanding of the factors that affect the value of a swap
- Calculate market values and interest accruals
- Describe the issues faced by administrators in processing, pricing and accounting for swaps
- Identify likely sources of valuation errors, the potential impact of those errors and how they can be prevented
Course Content
- Swaps in the news
- Background
- Interest rate swaps
- Total return swaps
- Credit default swaps
- Spreadlocks
- Cost, market value, income accruals
- Pricing OTC instruments: sources, guidelines and regulation
- Risk & control
- Recent developments
Who should attend?
Staff with little or no experience of swaps but with some experience of fixed income securities.
