Futures

Course details

This intensive and practical programme looks at futures from the perspective of financial institution users. Financial institutions (fund managers, funds administrators, insurers,banks etc.) use futures for a variety of reasons – each of which we will deal with.

First, we begin with a clear, explicit and practical outline of what futures are. Next , we look at how they are dealt with in the back office and in finance/treasury. The course will include a series of case studies on

• Choosing the appropriate futures strategies
• Risks, including operational risks in futures
• Life of a futures trade

Learning Outcomes

At the end of the training, participants will be able to:

• Explain what futures are, and how they are used by financial institutions
• Demonstrate to colleagues how futures are priced, traded, margined and settled
• Give examples of what can go wrong and how these risks are managed
• Describe why the back office practicalities for futures are so important

Who Should Attend

• You work in asset management
• You work in funds administration
• You are with the regulator
• You want to work in financial services in Ireland

Course Content

• Introduction: What are futures?
• Jargon busting session
• How financial institutions use futures
• Case study 1: Choosing appropriate futures strategies
• Risk and regulation
• Case study 2: Operational risk in futures
• Practical issues including margining
• Case study 3: Life of a futures trade
• Wrap up and further learning.