Forwards and Futures
Forwards and Futures play an extremely important role in the current world of finance and investment. Long-term investors, speculators, and hedgers extensively use them. They enable market participants to establish large positions with smaller market impacts and lower transaction costs. Many Forward and Future contracts are in fact much more liquid than the underlying securities, and sometimes trade a larger volume than the underlying markets.
In this course – Forwards and Futures, the basic financial theories and concepts relevant to the topic will be discussed. The relationship between Forwards and Futures and the underlying security will also be explained. We'll also review concepts such as cost of carry, transportation, storage, and convenience factors that should be incorporated in the valuation of Forwards and Futures.
This course also looks into the application of Forwards and Futures in equity, commodity, and interest rate markets. The importance of margin in Future trading, type of contracts, and their specifications such as size, maturity, and pricing standards are also explored.
Forwards and Futures are important hedging tools used by individuals as well as institutions and companies. Therefore, it is important to examine the concept of hedging and the role of Forwards and Futures.
Free Preview! Access Module 1 for free. For full course access, upgrade to a verified certificate.
What you'll learn
- Explain Forwards and Futures and their applications in finance.
- Understand the valuation of Forwards and Futures, and concepts such as interest rate, cost of carry, storage, and convenience charge.
- Understand Forward interest rate and bootstrapping.
- Apply Forwards and Futures to physical commodities such as wheat, oil and financial securities such as interest rates, currencies and equities.
- Understand Forwards and Futures trading, margin, and contract specifications.
Get a Reminder
Rating | Not enough ratings |
---|---|
Length | 3 weeks |
Effort | 3 weeks, 1–2 hours per week |
Starts | On Demand (Start anytime) |
Cost | $199 |
From | New York Institute of Finance via edX |
Instructor | Jack Farmer |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Economics & Finance |
Get a Reminder
Similar Courses
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile.
Quant Interest Rate Rsk Analys $68k
Interest Rate Product Analyst $71k
Analyst, FX & Interest Rate Derivatives, Prime Brokerage $76k
Interest Rate Derivative Sales $77k
Associate Interest Rate Derivative Sales Manager $82k
Analyst - Interest Rate Risk Strategies $90k
Vice President Interest Rate Derivative Sales Manager $97k
Analyst, Trading & Interest Rate Risk $97k
Interest Rate Structuring and Sales $108k
Financial Analyst, Interest Rate Hedging Strategies Manager $133k
Product Manager - Business Intelligence, Interest Rate Risk $141k
Interest Rate Options Trader $152k
Write a review
Your opinion matters. Tell us what you think.
Please login to leave a review
Rating | Not enough ratings |
---|---|
Length | 3 weeks |
Effort | 3 weeks, 1–2 hours per week |
Starts | On Demand (Start anytime) |
Cost | $199 |
From | New York Institute of Finance via edX |
Instructor | Jack Farmer |
Download Videos | On all desktop and mobile devices |
Language | English |
Subjects | Business |
Tags | Economics & Finance |
Similar Courses
Sorted by relevance
Like this course?
Here's what to do next:
- Save this course for later
- Get more details from the course provider
- Enroll in this course