The Repo Market - Applications in Today's Market

The repo market is the lubricant that keeps the financial engine running. It serves as the link between the money and capital markets, and is vital to the well functioning of the financial markets. The turmoil in the market over the past two-years has further enhanced the importance of the repo market.

This practical 2 day training will explain the main characteristics and processes related to the repo market as well as the impact of recent events on future developments.

By the end of this course you will:

• Understand the repo market, its main players and types of transactions
• Explore the cash flows associated with different repo transactions
• Learn about different repo applications including yield curve trading, matched book trading and basis trading with futures
• Be able to identify and assess the risks arising from using repo and how to minimise the exposure to those risks
• Explore the recent market trends, the impact of the crisis and future developments

Course Level: Introductory to Intermediate

The course is designed for those who have a broad knowledge of the markets in general i.e. money and capital markets together with derivatives, but even so, delegates with little experience will find the course useful, as an overview of all the key products and markets will be given during the programme.

Who Should Attend

• Brokers
• Traders
• Fund Managers
• Hedge Funds
• Risk managers
• Treasurers
• Settlement and Operations Personnel
• Custodians
• Institutional Sales 
• Auditors
• IT staff

Prerequisites:

Basic understanding of the following aspects will be useful:

• The concept of 'Time value of money'
• Bond and money market fundamentals
• Derivatives products including swaps, options and futures. 

However, this is not an absolute requirement as a brief review of these topics is given at the start of the programme.

Teaching Method

The programme will use practical case studies and exercises explaining diferent aspects of Repo Market. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.

You will also benefit from a comprehensive take away course documentation.
 
In order to help us establish your individual and business concerns, you will be asked to fill a pre-course questionnaire.