FIN 367 - Derivative Markets

Course unit(s): 1
Prerequisite(s): FIN 237 - Corporation Finance .
This course will explore the economic rationale for and benefits of the derivative markets. Coverage will include stock options, commodity, financial and foreign exchange futures, as well as the investment strategies that make use of these instruments. The roles of hedgers, speculators, and arbitragers will be examined, along with risk management, portfolio insurance, program trading, the regulatory setting, and other related topics. Special emphasis will be given to issues of interest to the corporate financial manager.