FINC3012 Derivative Securities
University of Sydney (USYD )
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Class notes
FINC3012 Derivative Securities HD Notes
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---65September 20212020/2021
- Notes cover content for entire semester 
 
Topics covered: 
* Introduction and unit overview 
* Mechanics of futures markets 
* Hedging strategies using futures 
* Determination of forward and futures prices 
* Swaps 
* Mechanics of options markets 
* Properties of stock options 
* Option trading strategies 
* Binomial trees and risk-neutral valuation 
* Black-Scholes-Merton option pricing model 
* Options on stock indices, currencies and futures 
* Delta 
* Exotic options 
* Derivatives mishaps...
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