Introduction to Treasury Products

Course Overview

Participants will gain an overview of the capital and treasury markets globally and within the City of London especially.

They will also obtain an understanding of the market players and their imperatives, a familiarity with the major product types and their uses and a level of comfort with financial terminology and jargon.

Overview of the Financial Markets

• The role of financial institutions in the City of London and world markets
• The economics of banking
• Finance and wealth management

Short Term Money Market

• Certificates of deposit
• T Bills
• Commercial paper
• Trade paper & BAs
• Market norms and practices
• Market participants
• Case studies and exercises

Bond Markets

• International bond markets
• Domestic bond markets
• Pricing techniques of “straight” bonds
• Modern, economically true pricing
• Running yields, issues of “carry”, and “repos”

Bond Variations in Overview

• FRNs
• Zero-coupon bonds
• Index/commodity related instruments
• Convertibles and warrants
• Market participants: investors, issuers, traders

Treasury Products – Foreign Exchange

• Traditional spot and forward foreign exchange
• Methodologies and alternatives
• The mathematical relationship to money markets
• Economics of foreign exchange and forecasting methods
• Overview of technical analysis (charting)
• Sources of exposure to foreign exchange risk

Derivative Instruments

• Overview of the role of derivatives in capital markets
• FRAs, Swaps, futures and options
• Credit derivatives
• Collateralised Debt Obligations and similar constructions
• The role of hedgers, risk-takers and traders
• An overview of what went wrong and the “credit crunch”

Delivering this course in-house for you to a number of participants could be very cost effective. Please call us on 020 7387 4484 to discuss this further.

If you have any questions about this seminar please write to us at post@redcliffetraining.co.uk.