Finance: Introduction to Credit Default Swaps (One-Day)
Course Overview
- Fxed flows versus contingent payment
- Standard CDS definitions
- Credit default swap P&L
- Upfront versus running CDS spread
- iTraxx and CDX indices
- Understanding cash settlement
- pricing methodology using hedging approach
Audience:
This course is designed for finance professionals in asset management, hedge funds, corporates, or banking who need an understanding of credit default swaps.
Prerequisite:
None
Duration:
This is a one-day (6 hours of training) course. The timing is 9.00 am to 5.00 pm.
Alternate timings can be arranged upon request. The course can be held on a date that suits you.
Location:
Our Finance: Introduction to Credit Default Swaps course can be run at our training venue near Liverpool Street (London) or any preferred location in the UK or Europe. The training can also be delivered Online Remotely using online training platforms.
Introduction to Credit Default Swaps Course Outline
Credit default swap product mechanics, fixed flows versus contingent payment Events of default, reference entity, standard CDS definitions Credit default swap P&L, calculating DV01, survival and default probabilities Upfront versus running CDS spread, calculations and quotes | Mechanics of index credit default swaps, iTraxx and CDX indices Using index CDS for credit portfolio core and satellite risk management Understanding cash settlement, physical settlement upon default Where does the CDS price come from, pricing methodology using hedging approach |
One to One
(which includes a tailor-made training programme for the individual where they can mix and match the topics from various levels to get the most cost-effective training
Group for up to 8 learners
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Extras
This is a sample of some of the Short training videos. Please note that you can get access to many more, once you have done a course with us and are registered as one of our delegates.