Structured Products Workshop

This exciting one day course presents a practical introduction to structured products, which includes the application of exotic options and structured products construction and mechanics. Delegates will also learn about the component optionality in SPs and use Excel based spreadsheets to reverse engineer industry products.

Available for in-house delivery. Call +44 (0)1483 573150
Duration: One day (9.00am to 5.00pm)
Location: In-house
Trainer: Stephen Aikin
Please contact us for a quotation

Course Outline

Vanilla and Exotic Options

+ Introduction to options
+ How exotic options payoffs differ from vanilla options
+ How exotic options fit with structured products
+ Types of exotic option: Barriers; Digitals; Asian; Quantos; Correlation
+ Modelling the payoffs and risk characterises of exotic options: Delta, gamma, theta and vega boundaries
+ Options modelling workshop

Structured Products Construction and Mechanics

+ Introduction to structured products

Benefits and Disadvantages

+ Setting the participation rate and level of principal protection
+ Constructing structured products using zero strike digitals and optionality: Equity linked notes; Ladder bonds; Reverse convertibles; Range accrual notes (RAN); Combination products (Worst of RAN notes); Basket and spread notes; Turbo; Structured forwards; Autocallable notes; Airbags
+ Constructing equity linked notes and RAN

Reverse Engineer Industry Examples

+ Abbey stock market linked savings bond
+ Allied Irish guaranteed stock market bond
+ ABN Twin Win
+ DrKW Gresham Enhanced European Index