Financial Information Analytics and Research (FINARES) and Financial Rendezvous, a Training Center present a two day comprehensive training programme on Futures and Options : Gaining from Derivatives organized by Dhaka Stock Exchange on July 28-29, 2008. COURSE OUTLINE

COVERAGE TIME Coverage Introduction to Derivatives, Underlying Assets, Comparison between equity markets and derivatives, Introduction to Forwards. Cash Vs Physical Settlement,

Session 1

Asset , Product, Trading Classification

Introduction to Futures, Specifications of Futures Contracts, Mark to Markets, Basis, Application of Futures

Session 2

Product Structure, Process, Trading, Origination, Delivery based and Cash Based Settlement, Specification and Application of Forwards

Introduction to Options, Specifications of Options Contracts,

Session 3

Specifications , Diff between Futures and Options, Hedging, Arbitrage and Speculation

Terms used in Options( Holder, Writer, ITM, OTM, ATM, Intrinsic Value, Time Value, Strike Price, Volatility etc ), Greeks

Session 4

Definition, Examples,

(DAY 2) COVERAGE TIME Coverage RISK MANAGEMENT – INITIAL, VARIATION, MARK TO MARKET, EXPOSURE AND ADHOC MARGINS

Session 1

Types of Margin, Collection Procedures, defaults etc

RISK MANAGEMENT – POSITION LIMITS

Session 2

Market level, trading member, client level

DERIVATIVES – SYSTEMS Session 3

Key Issues for developing systems

REGULATORY REQUIREMENTS FOR SETTING A EXCHANGE

Session 4

Key Issues

Financial Information Analytics and Research (FINARES) and Financial Rendezvous, a Training Center present a two day comprehensive training programme on Market Surveillance and Risk Management organized by Dhaka Stock Exchange on July 30, 2008

COVERAGE TIME Coverage Market Surveillance – Price Monitoring

Session 1

Online, Offline, Investigations, Rumor verifications, development of databases

Market Surveillance – Position Monitoring

Session 2

Total Purchases, sales, trading within groups, Proactive steps

Risk Management - Margins Session 3

Categorization of stocks, VAR Margin, Extreme Loss Margin, Mark to Market

Risk Management - Collateral Session 4

Liquid Assets, Pay In, Institutions

International perspectives on Market Surveillance and Risk Management In Equity Markets

Financial Information Analytics and Research (FINARES) and Financial Rendezvous, a Training Center present a two day comprehensive training programme on Market Surveillance and Risk Management organized by Dhaka Stock Exchange on July 30, 2008 COVERAGE TIME Coverage Applications using Futures – Part 1 ( Speculation, Hedging and Arbitrage ),

Session 1 Hedging and Arbitrage, Speculation

Strategies using Futures – Part 2 ( Pair Trading, Basis trading, Spread Trading ),

Session 2 Strategies

Strategies using combination of Futures and Options ( Covered call, Protective Put , Bear Spread, Bull Spread, Straddles, Strangles, Boxes, Butterfly

Session 3/4 Strategies

Risk Management - Margins Types of Margin, Collection Procedures, defaults etc