Course Outline
 

Course Title

  

The Futures and Forwards Course

Course Category

    Online
Target Audience  

This course is an ideal starting point for personal investors or finance professionals who wish to gain a complete understanding of the fundamentals of forwards & futures, their use and valuation.

Continuing Education

  

Professional Development:
CA, CGA, CMA, IDA

DI MX (3)
IQPF 04-06-0026 (3 credits - Level 2)
CSF 04-06-50026 (3 credits)
ADVOCIS # CE-6676 (3)

Prerequistes

   Registrants must have completed the course entitled Derivatives: Basic Concepts - Course 1- Introduction to derivatives or have a good understanding of financial markets and derivatives
Objectives   Further develop the fundamentals of forwards & futures and introduce valuation concepts
Subject by level  

Topics  

Introduction to futures

Contract characteristics

-  Setting up and closing out positions
-  Contract specifications
-  Price movement and position limits
-  Clearing Corporation

Cash and carry basics
-  Forward contracts
-  Relationship between forward prices and spot prices
-  Fair forward prices for various underlying assets
-  Arbitrage
-  Implications for investors

Bourse de Montréal Inc. linear
products and basic applications

-  Linear products
-  How to use futures and forwards
-  Advantages of using derivatives versus the spot market

Conclusion

Self test

Glossary of terms

 
Duration   This online course is equivalent to an in-class course with a duration of 3 hours. Online courses are self-paced, and the time necessary to complete each course will vary with each student
Time to comple the course   Six months (user account can be deactivated after this period)
Date   Available now
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