Financial Markets and Derivatives

Financial Markets and Derivatives Training

Finance: Introduction to Credit Default Swaps

Course Overview

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 courseThe course starts at 09:30 and runs until 16:30.
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 delivered virtually using online training platforms such as MS Teams or Zoom or face-to-face at any preferred location in the UK, Europe or ROW.

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

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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
The Course outlines on our website are standard, however, we would be happy to tailor them to your specific requirements. Please call us on 020 3696 2796 or send us a message to discuss further.

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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.