Knowledges acquired during the First Cycle Degree.
Learnings outcomes are technical skills about pricing, performances and strategies on futures and interest rate options, in different market conditions.
The course closely examines theoretical and operational features and pricing approaches of a significant part of derivatives financial instruments which market prices are directly conditioned by fluctuations of interest rates. In other words the course is about with principal types of derivatives which are frequently traded and used by arbitragist and by operators with speculative and hedging targets.
F. Caparrelli, I Derivati, Mc-Graw-Hill Libri Italia, Milan, 2001. J. Hull, Opzioni, Futures ed altri Derivati, Pearson Education, Last Edition 2008.
M.Patanè, Interest Rate Derivatives, Mc Graw-Hill, Milano 2012.
frontal lessons and exercices
optional intermediate test and final exam