Deep Dive Into Equity Swaps

Swap Structures | Swap Contracts | OTC Clearinghouse | Variance Swaps | Equity Swap Structures

What you'll learn

Understand what equity swaps are all about and how / why they exist

Describe the features and functions of equity swaps, and how they operate in the financial markets

Determine pricing and valuation issues of equity swaps

Evaluate various swap structures and variances

Apply portfolio diversification using swaps to mitigate or take financial risk

Explain how equity swaps, rainbow swaps and variance swaps operate

Requirements

Knowledge of the English language

Participants are expected to have basic math knowledge coming into this course

A financial calculator is recommended to get the most out of this course

Description

This course will give you a broad overview of this rapidly-evolving section of the derivatives markets. Swaps in general will be introduced, and then the course will segue into an introduction to equity swaps, look at the various details of the contracts, the applications that market participants use them for, as well as pricing and valuation issues.This course contains 18 lectures divided into5 sections, including:  Introduction to Equity SwapsEquity Swap ContractsOTC ClearinghousesEquity Swap Structures and ApplicationsVariance SwapsMore about this course and StarweaverThis course is led by a seasoned capital markets industry practitioner and executive with many years of hands-on, in-the-trenches financial markets sales, trading and analysis work. It has been designed, produced and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the World, providing training courses to many of the leading financial institutions and technology companies, including:Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.Starweaver has and continues to deliver 1000s of live in person and online education for organizational training programs for new hires and induction, as well as mid-career and senior level immersion and leadership courses.If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google:starweaver journey builder starweaver[dot]comHappy learning.

Overview

Section 1: Introduction to Equity Swaps

Lecture 1 Welcome!

Lecture 2 Introduction to Swaps

Lecture 3 Equity Swap Exposures and Users of Equity Swaps

Lecture 4 Potential Advantages of Equity Swaps Versus Alternatives

Section 2: Equity Swap Contracts

Lecture 5 Equity Swap Contract Features

Lecture 6 Exposures Created by Equity Swaps

Lecture 7 Equity Swap Contract Illustration

Lecture 8 Equity Swap Contract Illustration and Economic Equivalents

Section 3: OTC Clearinghouses

Lecture 9 Swaps Versus Economic Equivalents and OTC Clearinghouses

Lecture 10 Cleared Swaps Compared to Swaps Done Ex-Clearinghouse

Lecture 11 Functioning of OTC Clearinghouse

Section 4: Equity Swap Structures and Applications

Lecture 12 Variations in Equity Swap Structures, Swap Pricing and Valuation

Lecture 13 Swap Pricing, Early Termination and Risk Management with Swaps

Lecture 14 Tactical Asset Allocation Using Equity Swaps

Lecture 15 International Diversification Using Equity Swaps

Lecture 16 Diversifying Concentrated Portfolios Using Equity Swaps

Section 5: Variance Swaps

Lecture 17 Rainbow Swaps and Variance Swaps

Lecture 18 Introduction to Variance Swap and Contract Features

Lecture 19 Variance Swaps Gains and Losses, Applications of Variance Swaps

Section 6: Closing Remarks

Lecture 20 Take-aways

Analysts and associates in commercial, corporate and investment banking,Capital markets and financial markets professionals looking to expand their product knowledge