In this module, you will learn about the key contract terms and features of equity swaps. Topics covered include settlement provisions, termination events, and pricing considerations.

This module covers the various exposures created by equity swaps and how they can be managed. Topics include the economic and accounting implications of equity swaps, as well as strategies for mitigating risk.

In this module, you will learn how to create an equity swap contract illustration using real-world examples. Topics covered include calculating swap cash flows, determining net asset values, and analyzing potential outcomes.

In this module, you will learn how to create an equity swap contract illustration using real-world examples and how to determine the economic equivalents of the swap. Topics covered include calculating swap cash flows, determining net asset values, and analyzing potential outcomes.

This Hands-On Learning activity focuses on contract structuring, valuation, and interpretation of equity swap terms. You will examine key components of equity swap contracts, compute leg values, interpret notional adjustments, and evaluate exposures. This activity is based solely on lessons within the 'Equity Swap Contracts' section.

This module covers the differences between swaps and economic equivalents and the role of OTC clearinghouses in the financial markets. Topics include the benefits and risks of using OTC clearinghouses and how they facilitate the clearing and settlement of swaps.

This module covers the differences between swaps that are cleared through an OTC clearinghouse and those that are not. Topics include the benefits and risks of using cleared swaps, as well as the impact on counterparty risk and market transparency.

In this module, you will learn about the processes and procedures involved in OTC clearinghouses. Topics covered include the role of clearing members, margining, and default management.

This Hands-On Learning activity explores how over-the-counter (OTC) clearinghouses operate, how swap transactions are introduced into clearing, and how regulatory reforms impact contract structures. You will compare pre- and post-regulatory swap handling, compute daily mark-to-market adjustments, and analyze clearinghouse roles in risk mitigation.

This module covers the various equity swap structures that exist and the factors that impact their pricing and valuation. Topics include the use of financial modeling, the role of market conditions, and the impact of credit risk.

In this module, you will learn about the factors that impact the pricing of swaps and how to manage risk when using swaps. Topics covered include the use of financial modeling, early termination provisions, and strategies for mitigating risk.

This module covers the use of equity swaps for tactical asset allocation and portfolio management. Topics include the role of equity swaps in implementing investment strategies, the use of financial modeling, and the impact of market conditions.

In this module, you will learn how to use equity swaps to implement international diversification strategies. Topics covered include the role of equity swaps in accessing global markets, the use of financial modeling, and the impact of currency risk.

This module covers the use of equity swaps for diversifying concentrated portfolios. Topics include the role of equity swaps in reducing portfolio risk, the use of financial modeling, and strategies for mitigating concentration risk.

This Hands-On Learning activity explores various real-world applications of equity swap structures, including tactical asset allocation, international diversification, and concentrated portfolio risk management. You will construct swap strategies, determine notional amounts, analyze exposure shifts, and evaluate structural benefits of equity swaps over direct investments.

In this module, you will learn about rainbow swaps and variance swaps, which are specialized equity swaps used for managing risk and implementing investment strategies. Topics covered include the structure and pricing of these swaps, as well as their potential uses and risks.

This module covers the basics of variance swaps, including their structure and key contract terms. Topics include the use of variance swaps for managing risk, the role of financial modeling, and the impact of market conditions.

Instructor Doug Carroll discusses variance swap gains and losses, and applications of variance swaps, and concludes the course.

This Hands-On Learning activity focuses on the mechanics, valuation, and strategic use of variance swaps. You will calculate realized variance, interpret variance-based payoffs, and construct directional and hedging use cases based on implied vs. realized volatility.