This week’s topics
Derivatives and Hybrid Instruments
- Convertible debt securities
- Exchange-traded options
- Financial futures and forwards
- Credit default swaps
- 15. Forward and Futures Markets
- 17. Options Markets
- Martin Oehmke: Credit Default Swaps
What you will be able to do
- 1.1 Explain types of securities and associated concepts.
- 1.2 Analyse key characteristics of each type of security.
- 2.3 Assess the use of securities.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain types of securities and associated concepts.
Study materials
Videos
- Martin Oehmke: Credit Default Swaps · YouTube · Columbia Business School · 19 min · for registered students
- Currency Futures, Options - ACCA Financial Management (FM) · YouTube · OpenTuition · 47 min · for registered students
- Swaps (1) - CIMA F3 lecture · YouTube · OpenTuition · 20 min · for registered students
- Swaps (2) - CIMA F3 lecture · YouTube · OpenTuition · 8 min · for registered students
Further resources
- Intermediate Financial Accounting Vol. 2, Lyryx 2021-A, ch. 14: Complex Financial Instruments · PDF · Other, textbook chapter; pp. 95–130 · for registered students
- MIT 15.401 Finance Theory I, lecture notes: Forward and Futures Contracts · PDF · Other, slides · for registered students
- Principles of Finance 2e, ch. 20: Risk Management and the Financial Manager · PDF · OpenStax, textbook chapter; pp. 599–629 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
