Equity Derivatives - Part 5

Equity Derivatives - Part 5

Overview

This eCourse consists of two modules. Module 1 covers the terminology surrounding equity options and the different payoffs that make them so attractive. Further, you will be introduced to warrants and how they compare with equity options.

Module 2 explains the structure of equity swaps, outline some of their uses and applications, and illustrate how they may be priced.

Objective

On completion of this tutorial, you will be able to:
- Recognize the terminology surrounding equity options and warrants
- List the typical payoffs associated with these instruments
- List the similarities of warrants to equity options
- Recognize how warrants can be a source of capital for the company
- Recall how warrants are effectively geared instruments and the effect of gearing
- Recognize an equity swap
- List the different features and uses of equity swaps
- Identify between the different types of equity swap
- Recall how to price an equity swap

Content

Module 1: Equity Options & Warrants
Topic 1: Equity Options
Topic 2: Warrants Terminology

Module 2: Equity Swaps
Topic 1: Fundamentals of Equity Swaps
Topic 2: Equity Index Swap Pricing & Payments

Details

Code
TEPDS18005201
Venue
ePlatform
Language
English
Level
Intermediate
Hours
SFC:1.5, PWMA:1.5
Fees
All Member: HK$420
Staff of Corporate Member: HK$420
Non-Member: HK$585