FINANCIAL CALCULUS WITH FOREX

Forex market and instruments

• ·         Spot market, quotation
• ·         FX Forward, quotation
• ·         FX swaps, quotation
• ·         FX spot/forward arbitrage
• ·         FX forward price
• ·         Bid offer pricing,

Forex accounting

• ·         Accounting for FX spot
• ·         Accounting FX position
• ·         Accounting FX valuation and FX Profit and Loss

Forex option

• ·         Vanilla FX option
• ·         Binomial model for option pricing
• ·         Analytic formula, Garman Kholagen model
• ·         Greeks and sensitivities
• ·         Put Call relationship
• ·         Option strategies
• ·         Accounting of FX options

Cross Currency Swaps

• ·         CCIRS swaps
• ·         Basis swaps quotation and pricing
• ·         Valuation of CCIRS on Excel
• ·         Accounting of CCIRS

EXOTIC OPTIONS

Theory of arbitrage and valuation principles

• ·         Law of non arbitrage
• ·         Two asset theory
• ·         Risk neutral probabilities
• ·         Risk free rate
• ·         Accounting valuation methods Mark to Market and Mark to Model
• ·         Accrued interest, reserves, amortized cost, historical cost

Classification of FX and interest rate instruments

• ·         Financial positions and financial contracts,
• ·         Balance sheet and off balance sheet, asset and liabilities,
• ·         Spot and forwards,
• ·         Financial options,
• ·         Organised markets.

Binary options

• ·         ‘Cash or nothing’ and ‘Asset or nothing’ binaries,
• ·         Interpretation of the binary formula,
• ·         Double digital option.

Barrier options: binary and standard

• ·         Classification of digital barrier options,
• ·         Links with an american options,
• ·         Classification of barrier options,
• ·         Pricing and the mirror principle.