Overview

Vanilla options (also known as European style options) represent derivative financial instruments that grant the holder the right but not the obligation to buy or sell an underlying asset at a predetermined price at a particular point of time in the future. The options may be traded on an exchange or even as an over-the-counter product.
Vanilla options offer an avenue for market participants to express their views on the underlying asset volatility as well as financial leverage.

Receive practical, hands-on instruction from a professional quantitative trader (with over 15 years of trading experience and who has consistently achieved an exceptional Sharpe Ratio of 1.3) on the use of vanilla options for risk management.

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Run 1: 19 - 20 February 2019, 5 - 6 March 2019

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Investing is a necessary skill that everyone requires in order to beat inflation, plan for retirement and create a secondary source of income to prepare for unexpected expenses or the loss of employment. Most retail investors today trade traditional linear products, which used on their own, present high risks which quickly erodes capital. The course features an interactive lecture, facilitated discussions and a practical Options Trading activity, where participants will realise the benefit of using Options in their trading strategies.

    Next Course Starts On19 Feb 2019 (Tue) See Full Schedule
    Fee SGD1712.00* (as low as SGD193.60* after maximum funding) Learn more
    Duration

    4 weekday evenings, Tuesdays and Wednesdays, over 2 weeks (15 hours)

    Level
    Basic
    Learning Objectives

    In “Risk Management with Vanilla Options”, participants will learn the following:

    •    Fundamental concepts, with practical use cases for Options Trading to manage risk when trading in Financial Markets.
    •    Capital protection and risk management when trading in Financial Markets
    •    Discrete-time simulation that allows participants to practice their trading decisions in a risk-free environment.

    Who Should Attend

    •    Financial market traders and investors who do not currently use Options for Risk Management.
    •    Students leaving University and are seeking employment opportunities within finance.
    •    People employed in finance or management who need work-based skills to develop their career.
    •    People who are trading from home intending to acquire the skills required to effectively manage their own money.
    •    Existing part time traders who have not had any form of financial education but wish to develop their skills.
    •    People who are seeking a new career in finance but lack the basic understanding of how the industry works.

    Assessment

    Assessment

    •   Trading Game
    •   Individual project/assignment

    Fees and Funding

    Full Fees (Foreigners. i.e. non-Singaporean Citizens and non-Permanent Residents)
    S$1,712 (after GST) for non-Singapore Citizens and non-Permanent Residents.

    SkillsFuture Singapore (SSG) Funding:

    A) Self-Sponsored Individual
    •    S$193.60 (Singapore Citizens above 40 years old) after SSG Mid Career Enhanced Subsidy (MCES) Funding (Up to 90% course fee subsidy);
    •    S$513.60 (Singapore Citizen below 40 years old and PRs) after SSG Funding (Up to 70% course fee subsidy);
    •    S$113.60 (Singaporeans on Workfare Training Support Scheme) after SSG Workfare Training Support Scheme (WTS) Funding (Up to 95% course fee subsidy).

    SkillsFuture Credit
    Self sponsored Singapore Citizens aged 25 and above may use their SkillsFuture Credit (up to S$500) to further defray part of the subsidised course fee. Please click User Guide in the Skillsfuture Credit website to find out how to submit your claim.  As courses in this professional certificate have been modularised, participants will need to identify which course to apply credits for 

    SkillsFuture Credit claims may be submitted by logging in via MySkillsFuture.sg.
    SkillsFuture Course Code*: CRS-N-0048229
    SkillsFuture Course Name*: Jump Start to Trading the Financial Markets - Vanilla Options for Risk Management
    * Important Note: Participants claiming SkillsFuture credits should locate the course in Training Exchange using the Course Code/Name

    B) SME Company Sponsored Individual (Enhanced Training Support for SMEs - "ETSS")
    •    S$193.60 (Singapore Citizen/PR) (Up to 90% course fee subsidy)
    •    S$1,712 (after GST) for non-Singapore Citizens and non-Permanent Residents.

    Note: Companies which meet all of the following criteria can qualify for the Enhanced Training Support under the SME scheme:
               i. Company must be registered or incorporated in Singapore;
               ii. Employment size (at group level) of not more than 200; OR Annual sales turnover (at group level) of not more than S$100 million; and
               iii. At least 30% local shareholding being held by Singapore Citizens or Singapore Permanent Residents.

    Absentee Payroll
    Companies who sponsor their employees for the course may apply for Absentee Payroll via the SkillsConnect system. For more information, please visit SkillsConnect.

    C) Non-SME Company Sponsored Individual

    •    S$193.60 (Singapore Citizens above 40 years old) after SSG (Mid Career Enhanced Subsidy) MCES Funding (Up to 90% course fee subsidy);
    •    S$513.60 (Singapore Citizen below 40 years old and PRs) after SSG Funding (Up to 70% course fee subsidy);
    •    S$113.60 (Singaporeans on Workfare Training Support Scheme) after SSG (Workfare Training Support Scheme) WTS Funding (Up to 95% course fee subsidy).

    Absentee Payroll
    Companies who sponsor their employees for the course may apply for Absentee Payroll via the SkillsConnect system. For more information, please visit SkillsConnect.

    Schedule

    Start Date(s)
    Intake Information

    Run 1

    Tuesday, 19 Feb 2019 (7 pm to 10:30 pm)
    Wednesday, 20 Feb 2019 (7 pm to 10:30 pm)
    Tuesday, 5 Mar 2019 (7 pm to 10:30 pm)
    Wednesday, 6 Mar 2019 (7 pm to 10:30 pm)

    Speaker/Trainer Bio

    M. Anthony Bordier

    Anthony Bordier accumulates more than 15 years of experience as a quantitative trader, analyst and researcher in the financial industry. He has been working in various banks such as Société Generale, BNP Paribas, Merril Lynch, JPMorgan, Standard Chartered, ANZ and Deutsche Bank. He developed models, pricing and hedging methodologies for equities, fixed income and foreign exchange markets, covering a wide range of products from futures to vanillas and exotic options. He also has experience in buy side hedge funds as an quantitative algorithmic trader on futures and options in Bainbridge Partners, consistently achieving an extra normal Sharpe Ratio of 1.3.

    Anthony has a business master degree from HEC Business School (Paris, France), a master degree of pure mathematics, and a doctoral degree in applied mathematics (stochastic calculation applied to finance) from Paris VI University.

    Additional Details

    Prerequisites: Diploma Holders with at least 3 years of working experience

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