Illustrative course outlines

At OTC we believe in tailoring our courses to meet each client’s specific requirements.  The illustrative course outline below gives an indication of the type of course content that we’ve been asked to deliver. For more information call us on +44 20 7700 3330 or email info@ockendontraining.com

Strategy & Leadership Finance & Commerce Investment Banking

Exotic and Structured derivative products

What is covered?

A review of exotic and multi-factor options and how these are used by banks and their clients in trading, hedging and creating structured products.  Following a brief introduction to exotics we will look at: Barrier options, Digital options, Quanto options, and multifactor options and their application.

Who will benefit?

Participants with a working knowledge of options who are looking for a more in-depth analysis of their use.

Course content

Exotic options
    • What are exotic options?
    • Review of Bloomberg OVX screen
    • Compound chooser and power options
Barrier options
    • Knock - ins and knock - outs
    • Up and in/down and out
    • Double knock ins
    • Barrier option Greeks
    • What’s the point?
Digital options
    • Cash or nothing
    • Asset or nothing
    • Range accruals
Quanto options
    • The benefits of quanto options
    • Quanto examples
Multifactor option structures
    • Basket options
    • Rainbow options
    • Mountain options – Altiplano, Annapurna, Everest
Applications creating structured products
    • Capital - protected structured products
    • Using exotic options as the alpha generator
    • Adding Asian tails to protect return
    • Yield - enhanced structured products
    • Selling options to generate premium


 

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