Session 1: 1 February 2021
Session Start: 6:30 pm
Break: 8:15-8:30 pm
Session End: 10:00 pm
1. The Role of Financial Markets
2. The structure of Financial Markets
3. An insider perspective of the culture in Financial Markets
4. Margin Call Movie
Session 2: 2 February 2021
Session Start: 6:30 pm
Break: 8:15-8:30 pm
Session End: 10:00 pm
1. Hedging, Speculation and Arbitrage
2. Financial Derivatives Building Blocks
3. Forwards & Futures Markets: Uses and Terminology
4. Commodity Exchanges and clearing Mechanisms
5. Options Markets: Put, Call and Exotic Options
6. Swaps: Commodity, IR, FX and Equity Linked Swaps
Session 3: 3 February 2021
Session Start: 6:30 pm
Break: 8:00pm to 8:15pm
Session End: 9:30 pm
1. Wanted and unwanted risks
2. Systemic, specific and idiosyncratic risks
3. Market Risk, Counterparty Risk, Legal Risk, Liquidity
Risk, Operational Risk
4. Market Misconducts: Naked Short Selling, Price
Manipulation, Pump & Dump, Painting the tape, wash
trades, Mis-representation.
5. Credit Risk and Credit Derivatives
6. Credit Default swaps: Market and Legal considerations
7. 1. Documentation and ISDA negotiation
8. 2. Netting and Credit Support Annex
9. 3. Examples of Term sheets and Confirmation documents
1. Structured Linked Notes
2. Commodity Hedging transactions
Session 4: 4 February 2021
Session Start: 6:30 pm
Break: 8:00pm to 8:15pm
Session End: 9:30 pm
Case Study 1: Mini-Bonds: Analysis of the documentation
from a risk perspective: Rating Agencies, CDOs and First-To-
Defaults
Case Study 2: La Barre De Fer:
1. Copper Mine Financing
2. Risks Analysis
3. Risk Mitigations
4. Commodity Derivatives Strategies: Swaps, Three Ways
5. Risk Sharing: Securitization, SPV, Collateral & Ring
Fencing
6. Counterparty Risk: Credit default Swap & Synthetic TRS.
