This subject covers derivative markets and derivative securities. It discusses pricing, risk management and regulatory aspects of derivative securities. Topics include: forwards and futures markets, options markets, arbitrage and trading strategies, basic pricing concepts, the cost-of-carry model, the Black-Scholes model, hedging and risk management techniques. -- Course Website
Prerequisites: This subject is only available to those students who would satisfy the entry criteria for the Master of Applied Finance and the Postgraduate Certificate in Applied Finance
