This Financial Markets and Products course is designed to give learners a strong understanding of the key instruments, institutions, and markets covered in FRM Part 1 Book 3. The course begins with an in-depth study of banks, their role in the financial system, and how they manage assets, liabilities, and risk.
Learners will explore commodity forwards and futures, understanding how these contracts are structured, priced, and used for hedging and speculation. The course then covers options markets, explaining option types, payoffs, market participants, and the role of options in risk management.
Fixed income instruments are a major focus of this course. Students will study corporate bonds, bond pricing, yields, credit risk, and the structure of debt markets. The course also includes mortgages and mortgage-backed securities, explaining securitization, cash flow structures, prepayment risk, and the role of structured products in financial markets.
Throughout the course, concepts are linked to practical applications in trading, investment management, and risk management. This course is ideal for FRM and CFA candidates, finance students, and professionals seeking a clear understanding of financial markets and products.