FINANCIAL MARKET COURSES
Japanese Equity Market
Receivable Finance (New)
Lending - An Introduction
The Lending Cycle
Commodities - An Introduction (Revised)
Commodities - Trading (New)
Commodities - Livestock (New)
Commodities - Softs (New)
Primer – MiFID II/MiFIR (New)
Understanding Private Wealth Management Business
Private Wealth Management Products & Services
Primer – Smart Beta (New)
Available on iPad and Android tablets as well as desktop
Relative Value Trading – An Introduction
This course defines RV trading and differentiates it from arbitrage and directional trading. It examines the characteristics of the market players and the importance of leverage in RV trading. The course also takes a detailed look at the methods used to identify RV trade opportunities.
On completion of this course, you will be able to:
• Define a relative value (RV) trade and differentiate it from arbitrage and directional trades
• Differentiate between dedicated and non-dedicated RV players
• Describe the methods used to identify RV trading opportunities
Topic 1: RV Traders
• RV Players
• Are Market Makers RV Players?
• Dedicated Vs. Non Dedicated Rv Players – Ex Example
• Importance of Leverage
Topic 2: Identifying RV
• Correlation – Observation Period
• Correlation & Causation
• Misleading Correlations
• Absolute Cheap/Dear
• Absolute Cheap/Dear – An Example
• Relative Cheap/Dear
• Carry Trades
• Standard Deviations & Z-Scores
• Issues with Historical Analysis
• Making Money
Topic 3: Overview of RV Trading
• What is RV Trading?
• Non-RV Trades Based on Relative Prices
• RV Trading Vs. Arbitrage
• Directional Trade Vs. RV Trade
ESTIMATED COMPLETED TIME
Relative Value Trading – Strategies & Risks
This course examines RV trading strategies within a market (but excludes asset allocation strategies between markets), where offsetting (usually long/short) positions are taken in different assets. Trades are not dependent on the general direction of underlying markets. The course also focuses on trades that exploit some economic relationship between the different assets.
Intuition engages with over 30 accreditation bodies to ensure Know-How can be used for CPE credits. If your organization needs CPE from a body not listed below, contact us and we will endeavour to have them included.
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