Futures and options markets
Mr Ian O'Connor
6 points * Distance * Second semester * Prerequisite: DEB2401
Objectives On completion of this subject students should be able to demonstrate an understanding of the development of derivatives markets in Australia; appreciate the use of hedging techniques and pricing relationships; assess the role and use of options and associated pricing relationships.
Synopsis The evolution and history of futures markets; hedging exposures using both futures and options markets; identifying arbitage opportunities in futures markets; use of futures and options in portfolio management; exploring fundamental and technical analysis.
Assessment Assignment (5000 words): 35% * Examination (3 hours): 65%
Prescribed texts
Lofton T Getting started in futures 2nd edn, Wiley, 1993