The key business drivers including geography, product, channel, profitability and regulation

An intensive three-day workshop on trading and managing risk of vanilla equity derivatives. Presented by Alberto Cherubini. This program provides a solid understanding of modern vanilla equity derivatives and their markets, including best practices and conventions both from a buy side and sell side perspective. The course will also explore the technical basis of derivatives pricing, hedging and risk management. Delegates will assess volatility and its impact on option pricing and gain a deep understanding of standard models used in the market. The Black-Scholes framework is discussed in depth including extensions, while the last session covers the volatility surface in detail, including trading and risk management of vanilla portfolios. The course will also explain how to compute probabilities from market option prices, and discuss applications to proprietary trading and simple exotic options.