Capital Markets Overview
- Major Market Segments and Types of Instruments
- Economic Functions of Capital Markets
- Securities Markets and Important Market Participants
- Commercial Banking and Investment Banking
- Primary and Secondary Markets
- Primary Market Offerings
- Roles of Financial Intermediaries
- Comparing Securities to Derivatives
Fundamental Financial Mathematics
- Introduction and Concepts
- What are Interest Rates?
- International Conventions
- Time Value of Money
- Basic Compounding
- Continuous Compounding
- Pricing Zero Coupon Bonds
- Pricing Cash Flows
- Bond Prices and Yields
- Pricing Discount Securities
- Bond Equivalent Yields
- More On Bond Yields
- Yields vs Returns
- Yields and Assumptions
- Yield To Maturity
Fixed Income Markets
- Introduction to Fixed Income Securities
- Fixed Income Securities: Sources of Return and Types of Risk
- Government and Government Agency Securities
- Corporate Securities and Structured Securities
- Bond Pricing and Valuation
- Yield Curves, Credit Markets and the Business Cycle
- Yield Curves, Monetary Policy and the Real Economy
Equity Markets
- Introduction to Equity Securities
- Investment Characteristics and Valuation of Equity Securities
- Valuation of Equities Using Earnings Multiples (P/E Ratios)
Currency and Derivatives Markets
- Currency Markets and Factors Affecting Exchange Rates
- Types of Derivative Contracts and Their Characteristics
- The Real Meaning of "Derivatives" and Their Use in Managing Risk
Futures and Options
- Types of Derivative Contracts and their Characteristics
- Derivatives Compared to Securities
- Derivatives Defined
- Futures Terminology and Contract Features
- Physical Delivery To Close a Futures Position
- Cash Settlement Otc Derivatives
- Futures Clearinghouse and Third Party Contracts
- Futures Margins and Futures Contracts
- Clearinghouse and Futures Trades
- Comparing Futures Versus Underlying Positions
- Futures Position Cash Flows and Hedging with Futures
- Futures Positions Risk and the Cost Taking Position
- Cost of Carry Carrying Charges
- Cost of Carry Pricing and the Forward Pricing Curve
- Option Fundamentals Contract Features and Terminology
- Option Contract Example Long Call Positions
- Option Pricing Basics
- Time Value Intrinsic Value and Moniness
- Short Option Positions
- Investment Characteristic of Options
- Overview of long put Short Call and Short put Positions
- Option Pricing and Sensitivities Option Greeks
- Option Deltas
- Delta Hedging
- Delta Neutral Hedging Example
- Black Scholes and option Volatility Vega
- Implied Volatility and Volatility Trading
