Advanced Credit Derivatives
- COURSE DURATION:2
This is an advanced course on credit derivatives and structured credit, focusing on the products, their applications, pricing and risk-management.
After this course, participants will be able to:
- Execute a CDS hedge, both single-name and index.
- Understand and trade the cash-CDS basis.
- Structure credit derivative positions such as curve steepeners and flatteners.
- Trade single tranches of synthetic CDOs, and delta-hedge the positions.
- Understand and trade credit exotics such as Nth-to-default baskets.
Traders, structurers, salespeople, risk-management.
- PRIOR KNOWLEDGE:
Solid knowledge of credit derivatives.