A one-day programme focusing on embedding FX optionality into structured (usually fixed-income) products. The course will look at applications in structured MTNs, retail-targeted savings products, and liability-side (i.e. funding) structures.

objectives

This course will give participants a thorough grounding in swaps and Interest-rate derivatives, to allow them to design and execute structured products where the FX risk is embedded in a fixed-income package. Participants will use computers to build spreadsheets to price all of the examples and case-studies themselves.

who should attend?

Suitable for FX sales and structuring staff.

duration

1 day.

prior knowledge

An understanding of pricing vanilla FX options or attendance of the FX Derivatives course.

syllabus

1. Money markets and swaps
2. Asset-side structuring
3. Liability-side structuring
4. Introduction to FX/interest rate hybrids