BSE and ICICIdirect Institute-Derivatives Training Programme at Bangalore

ICICIdirect Institute & BSE training Institute offers Basic Programme on Derivatives Trading February 20, 2010 and February 21, 2010 Time: 9.30 am to 5.30 pm Venue: ICICIdirect, Sriranga Complex, No. 77, First Floor, Dr. Modi Road, 2nd Stage West of Chord Road, Bangalore: 560086  Karnataka.     Dear Kundapur Govardhana Kini, We are pleased to inform you that BSE Training Institute, Bombay Stock Exchange Ltd. in collaboration with ICICIdirect Institute is conducting 'Basic Programme on Derivatives Trading' for investors, traders, brokers, sub-brokers, professionals and students.     Programme Content     Nature of financial derivatives including futures and options       Characteristics of derivatives, underlying assets (equity bonds/loans, foreign currency and commodities), the need for derivatives, types of derivatives and comparison between them, forwards/futures/options, participants in derivatives market (hedgers, speculators, arbitrageurs)     Principles of trading and hedging with index futures       Terminology - Spot, future price, contract specifications, contract cycle, expiry date, settlement date, basis, mark to market, contract specification, tick size, types of orders, trading strategies, hedging strategies, initial maintenance margins, executing and clearing, matching confirmation, clearing mechanism, settlement, settlement price, settlement cycle,  open interest and trading volumes     Principles of trading and hedging with options       Terminology – call, put, writer, buyer, premium, intrinsic value, time value, expiry date, settlement date, strike price, ATM, OTM & ITM, the Greeks (Delta, Gamma, Theta, Vega)     Risk management systems and procedures       Types of risk (counter-party or credit risks, market or price risks, liquidity risks, legal and regulatory risks, operating risks), risk identification and measurement, methods of risk control (position limits, VAR, margins, operating procedures and systems, etc.)     Derivatives trading strategies       Call buy, put buy, call sell, put sell, covered-call writing, basic spreads, call-back spread, put-back spread, straddles, butterfly etc             Payment           Fees: Rs. 3,530 inclusive of 10.30% Service Tax, as applicable (covers cost of study       material, tuition fees, lunch and refreshments)           Your demand draft in favour of 'Bombay Stock Exchange Ltd.', payable at Mumbai, should be sent to: Ms. Poornima Bachal ICICI Securities Limited, Shree Sawan Knowledge Park, Plot No. D-507, TTC Industrial Area, Turbhe, Navi Mumbai 400705   If you wish to participate, please register your seat:   Call 9739427777,  9886844996 or  09769114626   poornima.bachal@icicisecurities.com