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Course: The evolution of the OTC Swaps Market began following the Dodd-Frank Wall Street Reform and Consumer Protection Act, when the CFTC adopted regulations to reduce OTC derivatives market risk, and directed the largest segments of the OTC swaps market to transition from a multi-lateral trading model to a Central Counter Party (CCP) model whereby swaps are traded on either a designated contract market (DCM) or a swap execution facility (SEF), centrally cleared by a clearinghouse, and reported to a trade data repository.
This one-day course is designed to cover key features of OTC swap contracts, new Dodd Frank regulations and compliance requirements for swaps market participants, including end users who are initiating new business relationships with Futures Commission Merchants and Swap Execution Facilities. The educational program takes a closer look at "Made Available to Trade" or MAT Swaps, the handling of block trades, the mechanics of interest rate swaps (IRS) and credit default swaps (CDS), and how financial institutions and corporates use swaps in their portfolio management strategies. The course includes a survey of the current SEF marketplace and what can be expected when working with SEFs in their multidimensional role as a trading platform, market utility, and as a CFTC-designated self-regulatory organization.
After the course you will be able to:
Who Should Attend: Anyone who works with the implementation of Dodd-Frank and needs to understand how swaps differ from listed futures. Attendees include the core users of these products such as traders, cash/money managers, asset managers, hedge fund managers, CTA's/CPO's, and portfolio managers as well as sales and back office professionals, financial analysts, auditors, compliance and regulatory staff.
Level: Intermediate. A prior understanding of the bond market would be helpful, although not required.
Instructor: Marti Tirinnanzi
Credits: Financial Risk Managers and Energy Risk Professionals earn 6.5 CPD credits in accordance with the standards of the Global Association of Risk Professionals (GARP). The IFM is recognized by Global Association of Risk Professionals (GARP) as an Approved Provider of continuing professional development (CPD) credits.
Cost: $695 Early-bird | $750 Standard registration
UK $725 Early-bird | $795 Standard registration
Complimentary morning and afternoon refreshment breaks are provided. Lunch on own.