ACTSA Workshop – Derivatives for Corporates

The Association of Corporate Treasurers of Southern Africa (ACTSA) in association with Full Value Financial Services invites you to attend a two day workshop on the use of derivatives for the corporate treasurer and trader.

Many people are ‘afraid’ of derivatives due to either ‘bad publicity’ or from being unaware of their practical uses. This workshop will show the practical uses, advantages and disadvantages in using derivatives so that treasurers and treasury official can make informed decisions on how to use derivatives to their best advantage.

Course outline:

• What is a derivative?
• The purpose of derivatives
• Over the counter v exchange traded derivatives
• FRAs (Forward Rate Agreements) and Jibar futures
• The uses of these greatly underutilised instruments
• IRSs (Interest Rate Swaps)
• The mechanics and versatility of these products
• Forward contracts in foreign exchange
• Partially optional and fully optional FECs
• Participating FECs
• Cross currency interest rate swaps
• Optional Forwards?
• Options- the theory
• Options- practical uses
• Futures (in general)
• Currency futures in detail
• Contract for difference CFDs