Equity Derivatives - Part 3

Equity Derivatives - Part 3

Overview

This tutorial is an introduction to warrants and how warrants compare with other similar types of securities. Warrant pricing will also be covered.

Objective

On completion of this tutorial, you will be able to:

-Define a warrant and calculate its leverage
-Describe a traditional warrant and understand the advantages and disadvantages of warrants for issuers and investors
-Describe the different types of covered warrant
-Explain how warrants compare to and differ from other derivatives
-Discuss the factors affecting warrant prices
-Value a covered warrant
-Value a traditional warrant
-Describe the main measures of warrant sensitivity

Content

Module 1: Warrants - An Introduction
Topic 1: Warrants Terminology
Topic 2: Traditional Warrants
Topic 3: Warrants, Convertible Bonds and Options
Topic 4: Covered Warrants

Module 2: Warrants - Pricing
Topic 1: Factors Affecting the Price of a Covered Warrant
Topic 2: Warrant Pricing
Topic 3: The Greeks

Details

Code
TEPDS17000701
Venue
ePlatform
Language
English
Level
Intermediate
Hours
SFC:2.5, PWMA:2.5
Fees
Non-Member: HK$975
All Member: HK$700
Staff of Corporate Member: HK$700