Description
FIN 465 Financial Futures, Swaps, and Options Decrypted: This course explores futures, swaps and options. We will learn to value these securities and how to use them for risk management purposes. A central theme in our discussions on valuation is that there should be no opportunities for riskless arbitrage in an efficient market. We also will learn the mechanics of futures and option trading and implement trading strategies to mitigate various types of price exposures. The process of securitization will be covered as well.
Prerequisite: FIN 220