Futures and options markets
Ms Kathy Avram
6 points
* 3 hours per week
* Second semester
* Caulfield
*
Prerequisite: FIN2401
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 arbitrage opportunities in futures markets; use of futures and options in portfolio management; exploring fundamental and technical analysis.
Assessment Research assignment (4000 words): 30%
* Examination (3
hours): 70%
Prescribed texts
Chance D M An introduction to derivatives 3rd edn, Dryden, 1995
| Published by Monash University, Clayton, Victoria
3168 Copyright © Monash University 1996 - All Rights Reserved - Caution Authorised by the Academic Registrar December 1996 |