Finance: Introduction to Credit Default Swaps
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 course. The 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
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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.