Introduction to Derivatives (including Futures, Forwards, Options & Swaps)


Cost for BPP PD Members: £510 + VAT 6 CPD Hours
(£640.00 + VAT for non BPP PD Members Click Here for details of our membership scheme).


This course will be of benefit to those who wish to develop an understanding of derivatives and the markets in which they operate.


To many within the financial services industry, derivatives are thought of as very complicated. This one-day course demystifies the terminology and ensures a full understanding of the concepts behind derivatives. It also fosters an understanding of the instruments used and the potential risks involved.

Learning outcomes include obtaining a greater understanding of:

  • The participants in the market
    • Types of trader
    • Types of investor
  • Market structure and how derivatives are used
    • What is a derivative generically?
    • What is hedging?
    • Why use derivatives as well as or in place of cash assets?
    • Exchange traded versus OTC products
    • Regulatory change
      • The impact of EMIR and Dodd Franks
  • Futures
    • What are they?
    • How do they work?
    • Central counterparties and margining
    • Applications of futures
  • Options
    • Definition
    • Pay-off profiles
    • Settlement
    • The concept of pricing
    • Intrinsic and time value
  • Forward rate agreements
  • Swaps
    • Uses of swaps
    • Types of swaps
      • Interest rate swaps
      • Currency swaps
      • Asset / liability swaps
      • Total return swaps
      • Credit default swaps
    • Overview of other derivative instruments
      • Swaptions

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

      Course Dates

      Location Dates Time Availability  
      London 13 Jun 2019 9:00 AM - 5:00 PM  Spaces Book Now
      London 04 Sep 2019 9:00 AM - 5:00 PM  Spaces Book Now
      London 14 Nov 2019 9:00 AM - 5:00 PM  Spaces Book Now
      London 03 Dec 2019 9:00 AM - 5:00 PM  Spaces Book Now

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