STAB41H3 Financial Derivatives

A study of the most important types of financial derivatives, including forwards, futures, swaps and options (European, American, exotic, etc). The course illustrates their properties and applications through examples, and introduces the theory of derivatives pricing with the use of the no-arbitrage principle and binomial tree models.

Prerequisite: 
Exclusion: 
Breadth Requirements: 
Quantitative Reasoning