DUBLIN--(BUSINESS WIRE)--The "Clearing and Settlement for Derivatives and Securities" training has been added to ResearchAndMarkets.com's offering.
In recent years a lot of attention has been focused on the subject of post trade environment - clearing and settlement.
This informative and easy to follow one day course, has been specially designed to explain how the clearing and settlement process works for derivatives and securities, demonstrating how banks and their clients manage their counterparty risk - which is particularly important in the post financial era.
The course also shows in some detail, how the margining system allows for the netting of risk and the effective management of collateral.
Key Topics Covered
9.15 a.m. Course Starts
1. Understanding counterparty risk particularly in the post financial crisis environment
This section describes the aspects of counterparty risk in a bi-lateral trade and shows how in the OTC market, collateralising the deal can reduce this risk. This section also looks at the capital constraints on a bank post financial crisis and how netting and central clearing can be of benefit.
2. Central clearing counterparties (CCPs) and clearing members
In this section we describe how CCPs can remove credit risk in a trade through the process of novation or open offer and demonstrate the benefits of netting for clearing members and clients.
3. Margining for futures (linear products) and options (non-linear), other derivatives and securities
This section offers numerical examples of how margining for futures and options (and other securities) works, using traditional methods like SPAN and the now popular VaR margining methodology.
4. Central security depositories (CSD)
This section concludes with an explanation of how CSDs cooperate with clearing members, clients and the clearing house in order to safely settle contracts.
5. Questions & Answers
5 p.m. Course Finish
For more information about this training visit https://www.researchandmarkets.com/research/7nn9t3/1_day_course?w=4
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