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Take the next step with specialized courses from SIX.
Our training and advanced training offerings provide you with a wide range of courses on the topics of exchanges and financial markets.
Introducing our new online Derivatives Fundamentals Class
Are you planning a career in derivatives? Are you looking for a solid and comprehensive knowledge base on derivative instruments that you can build on in the long term? Then this is the right course for you.
Start into the World of Derivatives
This guided e-learning course introduces you to futures, swaps, options and other derivative instruments in a straightforward but consistent manner. The course has been steadily developed by practitioners over the years, tested and used at the forefront to train thousands of career changers or newcomers.
Deepen Your Knowledge
Even if you already have some experience with derivatives, this course provides a clear, intuitive explanation of derivatives and their use that you can refer to again and again throughout your career. Experienced coaches are available to answer your questions during the course and guide you through the review webinars.
Start as of 13 April 2021 - Register now until 31.03.2021 and benefit from a 10% discount.
We Accompany You on Your Way
Week 1-6
(At Your Own Pace)
Certification
Self-Study
Online: Modules 1 – 11
Work through the 11 well-structured and focused online modules. Allow approx. 3 hours to work through each module. Each module includes exercises and / or homework.
Online: Final Exam
Apply what you have learned in a final online exam and receive a certificate and SAQ training credits.
Coached
Webinars: Coaching Hours
You are not alone. Our experienced coaches are available to answer your questions throughout the course and guide you through the review webinars.
Webinar: Exam Preparation
Before you go through the final online exam, our coaches are here to help you clarify and review any issues you may have regarding the course curriculum.
Assisted E-Learning
Send your questions to our experienced coaches at any time during the course.
11 Modules for a Strong Foundation
Forward contracts are the most basic financial derivative and are a central key to understand financial derivatives.
Futures are the exchange traded equivalent of forwards. Futures contracts are highly standardized and cleared through a central counterparty.
Without the ability to finance long and short positions there would be no liquid markets. This is especially true for the derivatives markets. Without financing there is no arbitrage and without arbitrage the price structure between spot, forwards and options disintegrates.
The forward price is the price agreed today for delivery of the underlying at a future point in time. But what defines the forward price? Are market makers free to set the forward price they want, or is it defined by market forces?
In this module we explain what total return swaps are, how they are used, priced and hedged. We end the module with a map of all instruments with the same risk as the underlying.
In this session we formally introduce you to options and explain all the related jargon. The module lays the foundation on which we can then expand in the subsequent modules.
Moneyness, volatility and time are the key factors that drive the value of an option. This module will simplify and straighten your thinking about options.
Option models don’t need to be black boxes. The main principles and assumptions behind a model are often relatively simple. After working through this module, you have a better understanding of what option models do, how they work and how to use them.
Put call-parity is the most important relationship between European call and put options. It has far reaching consequences not only for European options.
Option strategies are combination of multiple option contracts, tailored to capture a specific investment view. This module introduces the major option strategies and how investors use them.
A trader’s profit and an investor’s expected return are endangered when market conditions change. Risk measures quantify the amount of risk caused by changes in market conditions.
The course does not require any special mathematical knowledge.
The main types of derivative instruments are introduced and it is explained how they are used and valued as well as how their risk is managed.
Our Derivatives Training Programmes
The Derivatives Fundamentals Class is part of the SIX Derivatives Training Program. After completing the Derivatives Fundamentals course, you will have the necessary basics to successfully tackle the Derivatives Master Class (DMC) or to continue with the Structured Products course.
DFC
Course Overview
Details
Target Audience
Participants who want to build a comprehensive and solid foundation on the topic of derivatives. Newcomers and career changers in the field of derivatives who want to start their career. Practitioners who are increasingly involved with derivatives: Traders, sales, client advisors, product specialists, asset managers, institutional investors, pension fund managers.
Duration
You can complete the blended learning program (approx. 30 hours) at your own pace. For this you will have access to the program material for 4 months.
Cost
CHF 1'350
Location
Online
Language
English
Registration
Educational Partner & Credits
Educational Partner Our educational partner NoscoPartners AG is a proven expert in training and further education in the financial market and ensures an optimal mix of theory and practice.
SAQ Re-Certification for “Client Advisor” This course is recognized by the Swiss Association for Quality (SAQ) as a re-certification measure in the certification system “Client Advisor Bank”. Passing through the training will be credited as a full measure of 30 hours, out of which 24 hours are required for recertification (covering the subject areas of “Industry knowledge” and “Rules of conduct”) for the following certifications:
Certified Wealth Management Advisor CWMA
Certified Corporate Banker CCoB
"Qualified independent wealth manager SAAM" This Derivatives Master Class is recognized as part of the “Qualified independent wealth manager SAAM” certification of the Swiss Association of Asset Managers (SAAM). You can book the course directly on the website https://www.vsv-asg-training.ch/ and receive 50 credit points from the SAAM.