An Introduction to Derivatives
- Podcast Location:
- Download it here [file size: 24.8 MB]
- Categories:
-
Banking and Financial Services
- CPD Points:
- Up to 1 point. details »
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast aims to give the listener an introduction to derivatives that may be encountered in practice. It outlines what derivatives are and how they are used and looks at the key parties that use derivative products. Concepts such as hedging and speculating are explored and the speaker attempts to explain why derivatives remain a popular product for investment. The different categories of derivative assets and markets are discussed and the main derivative products are analysed. Finally, this podcast touches on the regulation of derivatives and proposals for reform.
- Outcomes:
- After completing the course you will:
- Understand the concept of a derivative;
- Know who would use a derivative;
- Be aware of the different ways in which derivatives can be used;
- Understand the concepts of hedging and speculation;
- Appreciate the benefits of investing in derivatives;
- Know the different ways in which derivatives can be categorised;
- Be aware of the different derivatives markets;
- Grasp the basic concepts of futures, options and swaps;
- Know what credit default swaps are;
- Understand the role of ISDA;
- Be aware of the current and proposed derivatives regulations.
- Level:
- General Interest
- Classification:
-
Introduction
Market Update / Hot Topic
- Sources and References:
-
- Dodd–Frank Wall Street Reform and Consumer Protection Act;
- Financial Serivces and Markets Act 2000;
- Financial Services and Markets Act 2000 (Financial Promotion) Order 2005;
- Markets in Financial Instruments Directive 2004/39/EC.
This podcast gives an overview of the most common types of derivatives and the terminology and documents lawyers should be aware of.
Podcast last reviewed: 2012-02-27
