An intensive three-day workshop on trading and managing risk of vanilla equity derivatives. Presented by Alberto Cherubini.

This programme provides a solid understanding of modern vanilla equity derivatives and of their markets, practices and conventions, both from the buy side and sell side perspective. The second part will explore the technical basis of derivatives pricing, hedging and risk management.

Delegates will assess volatility in its different meanings, and explore how it impacts option pricing. The Black-Scholes framework is discussed in depth including extensions to it, while the last session covers the volatility surface in detail, including trading and risk management of vanilla portfolios. The course will also explain how to compute probabilities from market option prices, and discuss applications to proprietary trading and simple exotic options.

Exercises, practical examples and case studies will help delegates understand and retain the knowledge to be applied back at work.

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Date: 7th - 9th October 2013
Venue: Central London

Fee: see website for details

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