Cette formation est proposée sous forme de formation présentielle.

Description

Objectives

At the end of this course you will have a good understanding of options, having analysed:

  • The historical background which led to their creation
  • The advantages and disadvantages of the main markets (organised market, over the counter market) on which they are traded as well as the main underlying assets (equities, bonds, currencies, interest rates, commodities) on which they are based
  • The constraints of EMIR (European Market Infrastructure Regulation) which imposes new requirements on the use of derivatives. (Reduction of risks related to Over The Counter derivatives and transparency)
  • Their characteristics according to their source (European options, American options) as well as the meaning of their specific terminology (strike price, intrinsic value and time value, call/put at the money/in the money/out of the money)
  • The various types of risk encountered (counterparty, liquidity, settlement/delivery, operational...)
  • Risk profiles and "Pay-Off" diagrams specific to each of these options
  • The characteristics of an option premium
  • The various explicative variables affecting the price of an option
  • The main strategies encountered and their financial applications
  • The various uses (hedging, trading, arbitrage) to which they can be put
  • Treatment of a special option represented by a warrant, including its operating principles and its various uses (brakes and motivation)
Programme
  • Introduction to options
  • Historical analysis and international development of the options markets
  • Major types of markets encountered (organised and over the counter)
  • Topography of the various underlying assets used
  • Basic characteristics of option contracts
  • Risk profiles encountered
  • Factors determining the price of an option contract
  • Principles for using options
    • Hedging
    • Trading
    • Arbitrage
  • Warrants
    • Main issuers
    • Intrinsic characteristics of the product
    • Types of market places in which they are quoted
    • Notions of parity and size
    • Main uses of warrants in asset management
    • Sensitivity to risk
  • Conclusion
Procedure

This training is offered in blended-learning, you will receive access to a preparatory course in e-learning 5 days before the course.


Conditions

Course Material

Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.

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.

Location
Chambre de Commerce Luxembourg
7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg
Calculate the itinerary

Sessions et horaires

Durée 0H

Lieu Chambre de Commerce Luxembourg

  • mar. 04.06.2024 08:45 à 11:45
  • mar. 11.06.2024 08:45 à 11:45
  • mar. 25.06.2024 08:45 à 11:45
  • jeu. 27.06.2024 08:45 à 11:45
  • mar. 02.07.2024 08:45 à 11:45
  • mar. 09.07.2024 08:45 à 11:45
  • mar. 17.09.2024 08:45 à 11:45
  • mar. 24.09.2024 08:45 à 11:45
  • jeu. 26.09.2024 08:45 à 11:45
  • mar. 01.10.2024 08:45 à 11:45
  • mar. 08.10.2024 08:45 à 11:45
  • mar. 15.10.2024 08:45 à 11:45
  • mar. 22.10.2024 08:45 à 11:45
  • jeu. 24.10.2024 08:45 à 11:45
  • mar. 05.11.2024 08:45 à 11:45
  • mar. 12.11.2024 08:45 à 11:45
  • mar. 19.11.2024 08:45 à 11:45
  • mar. 26.11.2024 08:45 à 11:45
  • jeu. 28.11.2024 08:45 à 11:45
  • mar. 03.12.2024 08:45 à 11:45
  • mar. 10.12.2024 08:45 à 11:45
  • mar. 17.12.2024 08:45 à 11:45
  • jeu. 19.12.2024 08:45 à 11:45