Learn the basics of derivatives, clearing and risk Management. If you are looking to learn about equity derivatives, clearing and risk management and get practical tutorials on how to access and use information in Nasdaq´s systems, then this course is for you. Nasdaq Clearing Essentials is a tailor-made course with content based on frequently asked questions from market participants.
How is the online course conducted?
The course includes:
- A pre-recorded training, where you will get exercises and solutions as part of the training.
- Hands-on tutorial videos that can be applied directly into day-to-day practice.
- Final test and certificate of completion.
- 100% self-paced e-learning on demand. You decide when and at what pace you want to take the course.
- A training that is suitable for viewing on both computer and mobile.
You must set aside approx. 5 hours for the course.
Prerequisites
A basic conceptual understanding of options and futures is recommended but not required as it will be possible to take introductory modules on futures/forwards and options.
Course Content
Introduction to options and futures
Margin systems and operational risk management on derivatives
Clearing and Central Counterparty Clearing House
Nasdaq Clearing daily clearing and cash settlement cycle
Collateral Management
- How to instruct cash callback
- How to instruct instrument callback/deposit
- How to instruct internal transfer
- How to check collateral surplus/deficit
- How to check monthly interest
- How to check NDR (Nasdaq daily rates)
Cash Optimization process
Trade management and fees
- How to find accounts and positions
- How to close out the position
- How to exercise the position
- How to find instruments and their fixing prices
- How to rectify, give-up, split, and multi-edit the Trade
Clearing reports
- How to retrieve the reports
- What information is reflected in most used Reports
Introduction to Margin Simulations
- Overview of accounts, margin simulations, and settings
Course Provider
Jørgen Just Andresen,
Financial Training Partner A/S- Jørgen Just Andresen is Managing Director of Financial Training Partner A/S, which he co-founded in 2002.
- He has many years of teaching experience as a chief consultant at SimCorp’s training department, which he joined in 1996. Prior to SimCorp he worked at Danske Bank with fixed income research and fixed income sales.
- Jørgen is also an external lecturer at Copenhagen Business School and was awarded teacher of the year at CBS’ education Graduate Diploma in Business Administration (Financial planing) in 2016.
- He is author of the books Finansiel Risikostyring (Financial Risk Management) and Finansielle Derivater (Financial Derivatives) published by Djøf Publishing.
- He holds an M.Sc. (international finance) and an HD (accounting).
- Jørgen teaches Derivatives, Risk Management, Portfolio Management and Fixed Income
Who Should Attend
Back-office, derivatives and clearing operations personnel working with equity derivatives, clearing and risk management.
