Futures - Fundamentals
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Sur demande
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8 h
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Cours du jour
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English
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BQ190CJ
*
(+3% TVA) *Prix d'inscription de base, variable selon options choisies.Objectives
At the end of this course you will have a good understanding of futures and their peculiar terminology, having analysed:
- The historical development of the market and in particular the underlying problems (lack of standardisation) of Forward contracts when the forward markets first emerged (Chicago Board of Trade) and their spread throughout the United States
- The development of forward markets internationally (Australia, Canada, Europe, Asia)
- The various types of forward contract (contracts on storable products, contracts on non-storable products, traditional financial futures and financial futures on price indices)
- The key elements governing the organisation and operation of futures contracts forward markets:
- The listing market place (Bourse/Exchange), its operation and role
- The object of the transaction (forward contract), what it consists of, its characteristics, its purpose, its opportunities from liquidation to maturity
- Traders and other parties involved (Stock Exchange traders and external parties)
- The transaction system (types of quotation encountered, long/short positions, role, working/advantages of the clearing house, margin systems)
- How the price of a futures contract is constructed (Report, Deport)
- For what purposes (hedging, trading, arbitrage) they can be used
- Numerous examples illustrating how they work
Programme
- Introduction and origins of futures contracts
- International development of futures markets and exchanges
- Various types of futures contracts
- Contracts on storable products
- Contracts on non-storable products
- Contracts on financial instruments and price indexes
- Organisation and operation on forwards markets of
futures contracts
- The trading place
- The futures contract
- Operators and participants
- The transaction system
- Mechanism of price building of futures contracts
- Using futures markets - principles
- Hedging
- Trading or speculation
- Arbitrage
Exam
For this training course, an optional exam is
available. In case of interest, candidates can choose a date from the list of
proposed examination sessions. Registration for the exam must be made at least
five days before the chosen exam date. The exam is subject to a registration fee.
Course material
The training material will be handed out at the
beginning of the course.
Lieu
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Chambre de Commerce Luxembourg7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg - Calculer l'itinéraire
Durée
3 h
Lieu
Chambre de Commerce Luxembourg
Thu 24.09.2020
08h45
Thu 01.10.2020
08h45
Thu 12.11.2020
08h45
Thu 26.11.2020
08h45
Thu 03.12.2020
08h45
Tue 08.12.2020
08h45
Thu 10.12.2020
08h45
Tue 15.12.2020
08h45
Thu 17.12.2020
08h45
Tue 12.01.2021
08h45