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Description
Programme
Based on the the ISO definition of derivatives specifying that a derivative instrument is a financial contract the value of which is “derived” from the value of underlying instruments or commodities, the content of module 5 on derivatives focuses on:
o Development of Derivatives
o Derivatives and MiFID II
- Derivatives and MiFID II
- Trading Environments – Organised vs. OTC
o Characteristics of Derivative
- Options
- Futures
- Forwards
- Swaps
o Players in Derivatives Markets
-Dealers
-Hedgers
-Speculators
- Arbitrageurs
o Derivatives as Investments
-Derivatives and Risk
-Information Provided to Clients
o Taxes on Derivatives
o Documentation for Derivatives
o MiFID Update
- MiFID Since its Inception
- New ESG Framework
- Relief Package
- MiFID II/MiFIR Amendments
- Digital Finance
- After MiFID II, Comes MiFID III, Right?
o Key Messages
o Bibliography and References
o Appendix
Target Audience
The persons concerned by the Training Programme are all persons placed under the authority of a professional (or acting on his behalf) subject to prudential supervision by the CSSF, i.e. individuals providing investment advice (“Advisory profile”) or information (“Information profile”) on financial instruments, investment services or ancillary services to clients.
Speakers
Experienced professional specialists selected on the basis of their in-depth knowledge of markets and financial products under MiFID rules I and II, and ESMA criteria.
Language
English
Conditions
Course Material
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
Certification
This module is part of the MiFID II Certification. For more details about this Certification, please click here.
Location
L-1615 Luxembourg
Luxembourg