Overview
Intermediate Futures & Forwards (part 2) course overview
This Intermediate Futures & Forwards (Part 2) course focuses on currency futures, equity index futures, and interest rate futures and forwards. The course provides insight into key concepts such as cross rates, triangular arbitrage, and currency swaps. You will also learn how to calculate the fair value of equity index futures, and how to use these instruments to hedge a position. By the end of the course, you will also have an understanding of forward rate agreements (FRAs), short term interest rate futures (STIRs), interest rate swaps (IRS), and the relationship between spot rates and forward rates.
Intermediate Futures & Forwards (part 2) learning objectives
Upon completing this course, you will be able to:
- Identify triangular arbitrage opportunities by calculating cross rates
- Understand how to use equity index futures to hedge a position
- Describe the relationship between spot rates and forward rates
- Explain FRAs, STIRs, and IRS
- Understand currency futures, equity index futures, and interest rate futures
Intermediate Futures & Forwards (Part 2) Is an Elective Course of CFI’s CMSA® Program
CFI’s Capital Markets & Securities Analyst (CMSA)® program covers all the basic, intermediate, and advanced topics about sales and trading, investment banking, and asset management. This program teaches you trading strategies used in the finance and capital markets industry. It is ideal for students who want to learn how to trade different asset classes. The program is completely online so you can take it at your own pace, from anywhere in the world.
Common career paths for students who take the CMSA® are Sales & Trading, Asset Management, Wealth Management, Treasury, Risk Management, and other capital markets careers.
Who should take this CMSA® course?
This Intermediate Futures & Forwards (Part 2) course is ideal for anyone looking to enhance their understanding of futures and forwards. It is designed to benefit students and professionals looking to begin a career in derivatives trading, or for anyone interested in learning more about the space.
What you'll learn
Become a certified All Capital Markets & Securities Analyst (CMSA)® Courses
Equity, FX, and Rate Futures is part of the Capital Markets & Securities Analyst (CMSA)® certification, which includes 30 courses.
- Skills Learned Trading strategies used in the finance and capital markets
- Career Prep Work in capital markets, whether on the buy-side or the sell-side
Path to certification
Prep courses
5 courses from beginner to intermediate level.
01 OptionalCore courses
8 courses from beginner to intermediate level.
02 RequiredElective courses
17 courses in advanced and intermediate levels.
03 RequiredGet certified
Submit your CMSA® checklist and order your certificate.
04 Required Join our community
Get access to the Global Corporate Finance Society.
05 Optional How the certification works
What our students say
A good advanced course for Futures and Forwards
Kwong Sang Yeung
The course covers relevant techniques to mitigate forex, interest rates, equities, etc. fluctuations which are essential skills to have for those tasked of raising financing.
