The foreign exchange market is the largest and most liquid financial market in the world. Some trading strategies utilize foreign exchange as an independent asset class while others utilize foreign exchange as a component of a global strategy in equities and fixed income instruments. This course starts with strategies specific to the foreign exchange market and evolves to include short term interest rate instruments and global bonds. Fixed income trading will focus on yield curve strategies, basis trading, and various types of spread trading. Swaps, swaptions, caps, collars, and floors will be introduced.
[(MSF 504 with min. grade of C and MSF 505 with min. grade of C)]