EEX Derivatives Market – until May 2012
EEX Derivatives Market training
| Description: | Detailed training regarding trading on the EEX Derivatives Market in connection with the examination required for becoming an exchange trader |
| Target group: | Persons from trading and from fields related to trading |
| Availability: | Public Training courses are offered in carefully chosen hotels. Inhouse Training are held in a venue chosen by you. |
| Duration: | 2 days training including examination |
Topics of the training
Fundamentals:
- Structure
- Elements and their task
- Supervision
- Admission process
- Reason for trading
Clearing:
- History of clearing
- Clearing Relationship structure
General about future trading at EEX:
- Future and options
- Market Making
- Trading Phases
- EUREX screens
Products:
- Contracts which are traded at EEX (specification)
- Contract exchange codes
- Maturities
- Calculation of contract volume
- Calculation of contract volume incl. VAT in case of physical futures
- Calculation of contract value for futures and options (Euro + $)
- Variation margin calculation
- Delivery process flow financial futures related to the spot market
- Delivery process flow physical futures
- Delivery process (especially in a default situation)
- Option Premium Calculation Options Black 76 in (general task)
- Call / Put, Exercise price
- Exercise process (times etc.)
- Scheduling process
Order book trading:
- Kind of order types especially stop orders
- Order and validity restrictions
- Matching algorithm
- Protective mechanisms
- Settlement prices
OTC trading:
- Definition
- Usage
- Broker usage
Trades and Position keeping:
- Trades and Position
- Position accounts A1,M1,M2,P1,P2
- Give up / take up
- Corrections
- Cascading process, times, date etc.
Risk Management:
- Kinds of risk methods
- Spread Margin Parameter
- Additional Margin Parameter
- Expiry month factor
- Spread Margin calculation
- Margin class calculation (future + option (calculation of numbers in €)
- Margin group calculation
Comparision between option and future:
- Distinguish between Option and Future
Portfolio Management with Future and Options:
- Passive Hedging
- Dynamic Hedging (delta and gamma)
There are 65 % from the number of score needed to pass the exam successfully. Due to the number of questions and the different topics to educate we would like to advise every participant to have a look in advance at the slides and examples in the download area of our homepage. In the training the topics will naturally be explained and so the knowledge will be given and deepen. But there are a lot of different points and for someone who is not prepared it can become complicated to take up all and to pass the examinations with all the questions easily.
Dates public training
Dates & Registration at a glance.
Please book in-house trainings at least 3 weeks in advance.
Fees
| training and examination (includes examination fee) | per person | 1,200.00 € (+ VAT) |
| In-house training fees: | ||
| For the organisation of in-house trainings we charge the following additional expense allowance: | ||
| For one day inhouse training: | ||
| Leipzig | flat | 950.00 € (+ VAT) |
| Germany | flat | 1,400.00 € (+ VAT) |
| Europe | flat | 2,300.00 € (+ VAT) |
| worldwide | flat | individually |
| For several days inhouse training: | ||
| Leipzig | additionally per day | 725.00 € (+ VAT) |
| Germany | additionally per day | 950.00 € (+ VAT) |
| Europe | additionally per day | 1,400.00 € (+ VAT) |
| worldwide | additionally per day | individually |
Registration
Registration form public training "EEX Derivatives Market"
Up to 14 days prior to the training session, cancellation is free of charge. Otherwise we charge a cancellation fee of 50 € per day. Should the registered person not be able to attend, we accept a replacement at no additional cost.
Training material
Here you can find the training material for the training "EEX Derivatives Market".
