Fundamentals of Derivatives

Tuesday, January 29, 2019
New York

Member $850 U.S.

Non-Member $975 U.S.

Register for Fundamentals of Derivatives

Jump to Section:

Tuesday, January 29, 2019

Download Agenda Fundamentals of Derivatives for

8:00 AM Registration and Continental Breakfast

8:45 AM Introduction and Welcoming Remarks Olga Roman, CFA

Olga Roman, CFA, Director of Research, ISDA

9:00 AM Overview of Derivatives Products Olga Roman, CFA, Dan Vogel

  • Definition and explanation of derivatives
  • Common types of derivatives:
    • Interest Rate Derivatives
    • Credit Derivatives
    • Commodities
    • Equities
    • FX
  • Major reasons for using derivatives
  • Examples of derivative users
  • OTC vs. exchange traded derivatives
  • Major venues for derivatives trading and clearing
Olga Roman, CFA, Director of Research, ISDA
Dan Vogel, Head of Financial Regulation, Legal, Bloomberg L.P.

10:30 AM Morning Break

10:45 AM Interest Rate Derivatives Products Ilene K. Froom

  • Overview of interest rate derivatives
    • Major products
    • Notional outstanding vs. market value
    • Trading volumes
  • Interest rate swaps
    • Description
    • Terminology, convention and market quotes
    • Basic valuation
  • Interest rates caps, floors, swaptions and straddles
    • Description
    • Terminology and convention
    • How options work
    • Basic option strategies
    • Basic valuation
    • Settlement methods
Ilene K. Froom, Partner, Reed Smith LLP

12:30 PM Luncheon

1:30 PM Credit Derivatives Products Fabien Carruzzo, Olga Roman, CFA

  • Overview of credit derivatives
    • Major products
    • Notional outstanding vs. market value
    • Trading volumes
  • Credit default swaps: single names and index CDS
  • Users of credit derivatives
  • Terminology, convention and market quotes
  • Valuation
  • CDS-bond basis
  • Credit events: single name and index CDS
  • Settlement methods and auctions
  • The ISDA Credit Derivatives Determination Committee
Fabien Carruzzo, Partner, Kramer Levin Naftalis & Frankel LLP
Olga Roman, CFA, Director of Research, ISDA

3:00 PM Afternoon Break

3:15 PM Central Clearing Jonathan J. Ching

  • Overview of central clearing counterparties (CCPs)
  • Cleared vs. non-cleared derivatives products
  • Counterparty credit risk (netting, collateral, potential future exposure)
Jonathan J. Ching, Counsel, Linklaters LLP

4:15 PM Basics of Derivatives Documentation Ilene K. Froom

  • Derivatives Documentation Architecture
  • ISDA Master Agreements, including the Schedule and CSA
  • ISDA Definitions books
  • ISDA Protocols
Ilene K. Froom, Partner, Reed Smith LLP

5:00 PM Conference Concludes

Agenda is subject to change.

Register Now for Fundamentals of Derivatives
Back to Top

ISDA Conference Center, 10 East 53rd Street (entrance on 52nd and 53rd Street), 8th Floor, New York, NY 10022, Phone: +1 (212) 901-6000. Please find a map to the venue here.

ISDA has a special rate available at the Omni Berkshire Place21 East 52nd Street, New York, NY 10022, +1 212-753-5800, located on the same block as the ISDA Conference Center. For reservations online click here OR call the Reservation Center at +1 800-843-6664 and mention the International Swaps and Derivatives Association, Inc. (ISDA) special rate. ISDA’s special rate is based on availability at the time of booking.

Back to Top

Fabien Carruzzo

Partner

Kramer Levin Naftalis & Frankel LLP

Jonathan J. Ching

Counsel

Linklaters LLP

Ilene K. Froom

Partner

Reed Smith LLP

Olga Roman, CFA

Director of Research

ISDA

Dan Vogel

Head of Financial Regulation, Legal

Bloomberg L.P.

Back to Top

Registration fee is for one person to attend the entire event. Pass may not be split between multiple attendees.
Groups of three or more attendees from the same firm can receive a 20% discount on event registrations. To register your group, please email conferences@isda.org prior to the event.

Receive a special discount of 20% for one person to attend all 3 Back to Basics courses – the Fundamentals of Derivatives, Understanding the ISDA Master Agreements and Understanding Variation Margin and the ISDA CSA for VM courses taking place on January 29, 30 & 31 in NY. To receive this discount, email conferences@isda.org prior to registration. [Registrant must attend all 3 courses. Discount will be void if one or more of the registrations are cancelled]

Member $850 U.S.

Non-Member $975 U.S.

Back to Top

Introductory

Basic knowledge of derivatives documentation is beneficial but not mandatory. No advance preparation is required.

Back to Top

ISDA is an accredited provider of continuing education credits by the following organizations:

  • CLE

    ISDA has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the state of New York.

  • CPE Sponsory

    ISDA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors: 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org

Back to Top

Follow us on Twitter @isdaconferences for the latest on upcoming events. For general questions, including exhibition/sponsorship opportunities, conference topics or location suggestions contact us: conferences@isda.org | +1 212-901-6000