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Management Solutions Pvt. Ltd. 803, City Centre, Near Sosyo Circle, Udhna Magdalla Road, Surat 395 004 Phone: 093749 85600 || www.finideas.com || [email protected] Presents A Web Based Workshop on Derivatives Market [For C. A. Students] Learn Options & Option Strategies at your door step Batch Schedules Time: Monday to Friday: 4:00 PM to 7:00 PM Venue: Your Office or Home January 2013 21 st January to 1 st February February 2013 18 th February to 1 st March March 2013 18 th March to 29 th March

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Page 1: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

Management Solutions Pvt. Ltd. 803, City Centre, Near Sosyo Circle, Udhna Magdalla Road, Surat – 395 004

Phone: 093749 85600 || www.finideas.com || [email protected]

Presents

A Web Based Workshop on

Derivatives Market [For C. A. Students]

Learn Options & Option Strategies at your door step

Batch Schedules

Time: Monday to Friday: 4:00 PM to 7:00 PM Venue: Your Office or Home

January – 2013

21st January to 1st February

February – 2013

18th February to 1st March

March – 2013

18th March to 29th March

Page 2: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

This course focuses towards best theoretical and practical understanding of Derivatives Market so that student can understand the fundamentals of Forwards, Futures, Options, Swaps etc. It includes the Options Pricing Model, Volatility Concept and understanding of Secondary market. We have incorporated the practical market session here which will show them how these instruments behave in real market. In short, this course will give them thorough understanding of Derivatives market.

Understanding the Concept of….. Derivatives Market and its instruments i.e. Forwards, Futures, Options and Swaps Options Pricing Options Greeks

Depth understanding of…. Delta, Gamma, Vega, Theta and Rho Options Strategies Market Watch of Indian Stock Market and execution of Trades Examination Preparation

CA Final Students

PC/Laptop Headphone Speaker

1 MBPS internet Connection Notepad, Pen, Pencil & Eraser Calculator

Study Material Excel Files for Self Practice Practice on Various FinIdeas Software

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PART A: INDIAN CAPITAL MARKET 1. Overview or Indian Financial System

1.1. Introductions 1.2. Regulators (RBI & SEBI)

2. Capital Markets/Securities Market 2.1. Primary Market & Secondary Market 2.2. Differences Between Primary & Secondary

Market 2.2.1. Nature of Securities 2.2.2. Nature of Financing 2.2.3. Organizational Differences

2.3. Similarities Between Primary & Secondary Market

2.3.1. Listing 2.3.2. Control

3. Stock Markets & its Operations 3.1. Growth of Stock exchanges

3.1.1. Leading Stock Exchanges in India 3.1.1.1. Bombay Stock Exchange Limited 3.1.1.2. National Stock Exchange

3.1.2. Stock Exchanges Abroad 3.1.2.1. New York Stock Exchange 3.1.2.2. Nasdaq 3.1.2.3. London Stock Exchange

3.2. Characteristics of Stock Exchanges in India 3.3. Functions of stock exchanges

3.3.1. Liquidity and Markatablity of Securities

3.3.2. Fair Price Determination 3.3.3. Source for Long Term 3.3.4. Helps in Capital Market Formation 3.3.5. Reflects the General State of

Economy 3.4. Basis of Stock Market Indices

3.4.1. Introduction to Stock Market Index 3.4.2. Fluctuations of Index 3.4.3. Concept behind the Index 3.4.4. Calculation of Index

4. Settlement & Settlement Cycles 4.1. NSE & BSE Settlement Cycle 4.2. Rolling Settlement Cycle 4.3. Advantages of Rolling Settlement

5. Clearing House: Role, Working & Trading Procedures

6. Greek Shoe Options 7. 100% Book Building Process 8. IPO through Stock Exchange On-line System (E-

IPO)

PART B: CAPITAL MARKET INSTRUMENTS 9. Introduction 10. Capital Market Instruments

10.1. Stock / Equity Shares 10.1.1. Introduction 10.1.2. Authorized, Issued & Outstanding

Shares 10.1.3. Par Value, Book Value & Liquidating

Value 10.1.4. Market Value 10.1.5. Rights of Common Shareholders

10.1.5.1. Right to income 10.1.5.2. Voting Right 10.1.5.3. Proxies & Proxy contests 10.1.5.4. Voting Procedures

10.1.6. Issue Mechanism 10.1.6.1. Public Issue through

Prospectus 10.1.6.2. Tender / Book building 10.1.6.3. Offer for Sale 10.1.6.4. Placement Method 10.1.6.5. Rights Issue

10.2. Preference Shares 10.3. Debentures / Bonds

10.3.1. Bond Indenture / Deed of Trust 10.3.1.1. Amount of the loan 10.3.1.2. Rate of Interest 10.3.1.3. Schedule or Form of Interest

Payments 10.3.1.4. Term 10.3.1.5. Call Feature (if any)

10.3.2. Yields 10.3.3. Determinants of Bond Prices

10.4. American Depository Receipt 10.5. Global Depository Receipt 10.6. Derivatives

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10.6.1. Derivatives Risks 10.6.1.1. Credit Risk 10.6.1.2. Pre-settlement Risk 10.6.1.3. Market Risk 10.6.1.4. Liquidity Risk

10.6.1.4.1. Market Liquidity Risk 10.6.1.4.2. Funding Liquidity Risk

10.6.1.5. Operational Risk 10.6.1.6. Legal Risk 10.6.1.7. Regulatory Risk 10.6.1.8. Reputation Risk

10.6.2. Financial Derivatives 10.6.3. Stock Future Contract

10.6.3.1. Introduction to Future Contract

10.6.3.2. Trading Basics 10.6.3.3. Speculation 10.6.3.4. Hedging 10.6.3.5. Future Trading Vs. Stock

Trading 10.6.3.6. Comparison with Equity

Options 10.6.4. Stock Index Futures

10.6.4.1. Mechanics of Future Trading 10.6.4.2. Buying & Selling Stock Index

Futures 10.6.4.3. Use of Stock Index Futures 10.6.4.4. Using Indexes to Hedge

Portfolio Risk 10.6.4.5. Application of Future Trading 10.6.4.6. Trading of NSE Nifty 50 &

CNX Stock Index Futures 10.6.4.7. The S&P CNX Nifty Index

Futures 10.6.4.7.1. Trading Cycle 10.6.4.7.2. Expiry Day 10.6.4.7.3. S&P CNX NSE Nifty 50

Index 10.6.5. Stock Options

10.6.5.1. Introduction 10.6.5.2. Stock Index Options 10.6.5.3. Factor Affecting Value of an

Option 10.6.5.3.1. Price of Underlying 10.6.5.3.2. Time 10.6.5.3.3. Volatility 10.6.5.3.4. Rate of Interest

10.7. Options Valuation Techniques 10.7.1. Value of an Option at Expiration

Date 10.7.2. Value of an Option with One Period

to Expire 10.7.3. Binominal Model 10.7.4. Black-Scholes Model

10.7.4.1. Introduction 10.7.4.2. Understanding the Formula

10.7.5. Options Greeks 10.7.5.1. Delta 10.7.5.2. Gamma 10.7.5.3. Vega 10.7.5.4. Theta 10.7.5.5. Rho

10.7.6. Pricing of Future 10.7.6.1. Cost-of-Carry Model

10.7.7. Embedded Derivatives 10.7.7.1. Fair Valuing Embedded

Derivatives 10.8. Glossary

10.8.1. Call 10.8.2. Put 10.8.3. Leverage 10.8.4. Sideways 10.8.5. Calendar Spreads 10.8.6. Straddle 10.8.7. Strangle 10.8.8. Butterflies 10.8.9. Volatility

PART C: COMMODITY DERIVATIVES 11. Introduction 12. Necessary Conditions to introduce Commodity

Derivatives 13. The Indian Scenario

13.1. Indian Commodity Exchanges 13.1.1. National Commodity & Derivatives

Exchange Limited (NCDEX) 13.1.2. Multi Commodity Exchange (MCX) 13.1.3. National Board of Trade (NBOT) 13.1.4. National Multi-Commodity Exchange

of India (NMCE) 14. Investing in Commodity Derivatives

15. Commodity Market 15.1. Indirect Methods of Investment 15.2. Motivations for Passive Investment

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15.3. Motivations for Active Investment

16. Commodity Futures 16.1. Introduction 16.2. Advantage of Commodity Futures

17. Commodity Swaps 17.1. Types of Commodity Swaps

17.1.1. Fixed-Floating Swaps 17.1.2. Commodity-for-Interest Swaps

17.2. Valuing Commodity Swaps

18. Hedging with Commodity Derivatives 18.1. How do the OTC Traders Hedge this Risk

PART D: OTC DERIVIATIVES 19. Introduction to OTC Derivatives 20. OTC Interest Rate Derivatives

20.1. Introduction 20.2. Application of Black Scholes Model for

Valuation of Options

21. Forward Rate Agreement 22. Interest Rate Swaps

22.1. Swap Dealers 22.2. Swap Market Conventions 22.3. Timing of Payments 22.4. Price Quotation 22.5. The Generic Swap

22.5.1. Day-count Conventions 22.6. Non Generic Swaps 22.7. Swap Valuations 22.8. Partitioning a Swap

22.8.1. Pricing the Variable-Rate Note 22.8.2. Pricing the Fixed Rate Note

22.9. Non Par Swap

22.10. The effect to changes in Market Interest Rate on Swap Values

23. Swaptions 23.1. Principal Features of Swaptions 23.2. Pricing of Swaptions 23.3. Caps and Floors Versus Swaptions 23.4. Uses of Swaptions 23.5. Conclusion

24. Interest Rate Caps 24.1. Caps Vs. Futures Options 24.2. Floors Vs. Futures Options

25. Interest Rate Collars 25.1. Put-Call Parity

26. Indian Scenario 27. Examination Preparations 28. Discussion Forum

Page 6: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

Option Calculator FinIdeas Training Virtual Class

Page 7: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

Mr. Govind Jhawar [Chartered Accountant, CTM]

Mr. Govind Jhawar has 12 years of experience in the Capital and Derivatives Market. He is a well known icon in the field of Options Training Program being conducted by him since past 9 years. Till date more than 2500 students has been trained by him.

Mr. Udipth Talera [Chartered Accountant (Gold Medalist), CTM & DBF]

Mr. Udipth Talera has 9 years of experience in Capital and Derivatives Market. He possesses acute analytical skills and is a patient trainer. He ensures that his trainee grasps every concept being explained & leaves no stone unturned to achieve the same.

Mr. Navneet Bhatter [Chartered Accountant]

Mr. Navneet Bhatter has 6 years of experience in the Capital and Derivatives Market. He is a trader by profession and has experience of Bull and Bear phases of Market. His In-depth understanding of the logics and intricacies of the Options enables him to share his knowledge with ease and provide valuable insight to people.

Mr. Yogesh Darji [MBA Finance]

Mr.Yogesh Darji is an MBA (Finance) from SRLIM, Surat. His hard work and financial data interpretation skill has played a big role in organization’s success. He is managing funds in Options strategies and leading the retail desk broking business. He has made few excel based programs finding opportunities in live market for derivatives strategies.

Mr. Devang Khatri [MBA Finance]

Mr.Devang Khatri is an MBA (Finance) from DBIM, Surat and a BE (TT) SCET, Surat. He has very sound experience in the Capital and Derivatives Market. He is leading the Derivative Research Department. He has made many Macro enabled excel software directly connected with live data from various websites and trading terminals.

Page 8: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

and many more…

and many more…

Page 9: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

Your Investment: Rs. 6,000 + Service Tax per person

Group Discount: Rs. 20,000 + Service Tax for 5 Students

Payment should be done before course starts.

Fee is refundable after deducting tax.

Admission is non-transferable under any circumstances.

Management’s decision will be final.

Name: Finideas Management Solutions Pvt. Ltd.

Ac No.: 02122560005168 || Bank: HDFC Bank ||Branch: Goregaon (E), Mumbai

RTGS/NEFT IFSC: HDFC0000212

Time: Monday to Friday: 4:00 PM to 7:00 PM Venue: Your Office or Home

January – 2013

21st January to 1st February

February – 2013

18th February to 1st March

March – 2013

18th March to 29th March

Page 10: A Web Based Workshop on Derivatives Market - · PDF fileA Web Based Workshop on Derivatives Market ... Derivatives Market and its instruments i.e. Forwards, ... Stock Exchanges Abroad

Management Solutions Pvt. Ltd. 803, City Centre, Near Sosyo Circle, Udhna Magdalla Road, Surat – 395 004

Phone: 093749 85600 || www.finideas.com || [email protected]

Mr. Dharmesh Chapadiya: Mobile: 09374586935 || Email: [email protected]

Mr. Shailesh B. Shah: Mobile: 09374985600 || Email: [email protected]

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