Financial Markets Products: Futures and Forwards

Module code: MN2137

This module teaches some of the mechanics of futures and forward financial products. We will study the distinguishing features of those financial products. Then, we will consider how those contracts are priced. We will also consider how those instruments can be used in the management of risk.

Topics covered

  • Analyse the features of important financial derivatives: futures and forwards
  • Discuss how those derivatives are priced and used
  • Identify the risks involved in the financial markets
  • Construct derivatives to hedge the financial risks

Learning

  • 10 hours of lectures
  • 4 hours of seminars
  • 86 hours of guided independent study

Assessment

  • Exam, 1 ½ hours (100%)