This one-day course is designed to unlock the mystery of interest rate derivatives. It will cover swaps, forwards, futures and options.

No prior knowledge is assumed and all terms will be clearly explained.

Case studies form an integral part of the course, to allow the delegates to consolidate the information and provide the basis for group discussions.


By the end of the course, delegates will have a better understanding of:

  • Different interest rate contracts
  • Trading, opening and closing out
  • The margin process
  • Risk of OTC interest rate contracts
  • Fixed income strategies under UCITS III

Who should attend?

  • Finance and accounting
  • Investment administration and operations
  • Investment professionals
  • IT and software developers
  • Legal and compliance
  • Risk management
  • Sales and marketing


  • Introduction
  • The term structure of rates and sources of data
  • Short-term interest rates and futures
  • Bond features and bond futures
  • Swap contracts
  • Options and structured products