1) Introduction to Derivatives (main contract types, the underlying assets, derivatives markets, applications);
2) The Forward: - definition, main features, application - Pricing and the hypothesis of no-arbitrage - The value of the forward contract;
3) The Future: - definition, main features, application - Pricing and market value;
4) The Forward Rate Agreement (FRA): - definition, main features, application - Pricing and market value - The market makers and the Double way quote;
5) The Swap - definition - The Interest Rate Swap (IRS): main features, application and pricing - The currency swap;
6) The Options - Definition - Option call: main features, pay-off and application - Option put: main features, pay-off and application - The option pricing (basic elements): * Intrinsic value and temporal value * Pricing limit: the maximum and minimum price limits.
