Derivatives

Module code: MN3146

Derivatives make up a large proportion of the financial instruments traded on global markets, and this module will introduce you to their underlying key concepts and principles.

You'll look at European and American put and call options in addition to European and American put-call parity. You'll price option with binomial tree and Black-Scholes models. Furthermore, you'll become acquainted with risk neutrality and the non-arbitrage theorem.