Structured Products

Course level

Intermediate

Delegates

This course is focused on structured products popular in the UK market. It is suitable for anyone investing in, or considering, structured products as well as others involved in the industry. The course is also ideal for financial advisers who need to update their knowledge in light of RDR rules pertaining to structured products. This course is suited to delegates with some background in the major asset classes – equities and fixed income.

Those working in investment banking will also benefit from the course, including those with job roles including: sales, risk, finance, operations, legal and IT.

Some basic understanding of the major asset classes – equities and fixed income – is recommended prior to attending the course.

Course content

This course will provide delegates with a deep understanding of how structured products are created and offered to investors. It explores the process of creating these investments, explains the features embedded, and explores the risk/reward profiles of products offered in the current marketplace. Broadly, the course is split into two areas: Capital-protected products and capital-at-risk products (SCARP in the UK regulatory sense), and delegates will leave with a thorough understanding of :

• Principle protected products
• Capital-at-Risk products – including autocalls

Learning objectives include developing an understanding of the following:

• Types of bonds and derivatives used to create structured products
• Fixed coupon bonds
• Zero coupon bonds
• Futures
• Options. Vanilla call and put - pricing and premium
• Bank issuance versus government bond backed products
• Counterparty risk and the role of credit “spread” in pricing structured products
• Capital protected products
• Index-linked notes
• The concept of “participation” and evaluating the return offered on a structured note
• Commodity linked products
• Digital payoff structures
• Pricing in the primary and secondary markets
• Risk profiles of specific notes or bonds currently in the market
• Principal at risk products
• Enhanced yield products
• Kick outs
• Dual index structures
• Autocalls
• Inverse features
• Building a structured note to meet specific customer risk profile and market view
• Customer risk and reward profiles, and translating them into a structured note
• Exploring technical aspects of pricing and hedging the underlying derivatives, using mathematical models in the classroom.



"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."




Course Dates

Location	Dates	Time	Availability
London	08 Dec 2020	9:00 AM - 5:00 PM	Spaces	Book Now