Financial Markets and Treasury Instruments (Full Course)

A Guide to the Most Commonly Used Financial Instruments, and How Businesses Use Them to Maximize Financial Efficiency

Created by: Perry Fisher
Corporate Trainer | Consultant | The Tauro Group

What Will I Learn?

• The purpose and functions of a treasury department
• Working Capital Management
• Knowledge of treasury products (in terms of features, benefits, risks and their use in risk mitigation strategies)
• Money market instruments, pricing & market conventions for trading (Negotiable Certificates of Deposit, Treasury Bills, The Repo Market, and Commercial Paper)..
• Debt: the main types of debt facilities and their characteristics
• Equity: Introduction to the Capital Asset Pricing Methodology (CAPM), and Weighted Average Cost of Capital (WACC)
• The Business Lifecycle (launch, growth, maturity, and decline) and its effect on revenue, debt, and working capital
• Business day conventions, and day-count conventions used by traders in financial markets
• Simple and compound interest and discount rates
• Central or Reserve banks, their functions and how they operate
• Explanation of various rates quoted in the market (Fed Funds, Repo, Prime, Discount, Overnight etc.)
• An introduction to derivative products (forwards, futures, options, and structured products combining all of the above)
• An introduction to replicating portfolios and no-arbitrage pricing assumptions
• The fixed-income market (forward-rate agreements, interest rate swaps, and bonds)
• Foreign exchange markets (market conventions, cross exchange rates, forward exchange contracts, and cross currency swaps)

Requirements

• Basic financial literacy and basic mathematical ability

Target audience

• Junior analysts working in treasury or financial departments, or experienced professionals looking for a refresher course on the theoretical concepts behind the functioning of financial markets