Equity Swaps

A broad overview of this rapidly-evolving section of the derivatives markets, covering contract details, pricing & more.
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301 students enrolled
Instructed by Paul Siegel Business / Finance
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  • Lectures 18
  • Length 3 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 3/2014 English

Course Description

This course will give you a broad overview of this rapidly-evolving section of the derivatives markets. Swaps in general will be introduced, and then the course will segue into an introduction to equity swaps, look at the various details of the contracts, the applications that market participants use them for, as well as pricing and valuation issues.

This course contains 18 lectures among 5 sections, including:

  • Introduction to Equity Swaps
  • Equity Swap Contracts
  • OTC Clearinghouses
  • Equity Swap Structures and Applications
  • Variance Swaps

What are the requirements?

  • Knowledge of the English language.
  • Participants are expected to have basic math knowledge coming into this course.
  • A financial calculator is recommended to get the most out of this course.

What am I going to get from this course?

  • You'll learn the basics and fundamental principles of equity swaps
  • You'll learn pricing and valuation issues of equity swaps

Who is the target audience?

  • Analysts and associates in commercial, corporate and investment banking.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction to Equity Swaps

Instructor Doug Carroll introduces the course.


Instructor Doug Carroll discusses equity swap exposures and the users of equity swaps.


Instructor Doug Carroll discusses the potential advantages of equity swaps versus alternatives.

Section 2: Equity Swap Contracts

Instructor Doug Carroll discusses equity swap contract features.


Instructor Doug Carroll discusses exposures created by equity swaps.


Instructor Doug Carroll illustrates an equity swap contract.


Instructor Doug Carroll illustrates the equity swap contract and economic equivalents.

Section 3: OTC Clearinghouses

Instructor Doug Carroll compares swaps versus economic equivalents and OTC clearinghouses.


Instructor Doug Carroll discusses cleared swaps compared to swaps done ex-clearinghouse.


Instructor Doug Carroll discusses how an OTC clearinghouse functions.

Section 4: Equity Swap Structures and Applications

Instructor Doug Carroll discusses the variations in equity swap structures, swap pricing and valuation.


Instructor Doug Carroll discusses swap pricing, early termination and risk management with swaps.


Instructor Doug Carroll discusses tactical asset allocation using equity swaps.


Instructor Doug Carroll discusses international diversification using equity swaps.


Instructor Doug Carroll discusses diversifying concentrated portfolios using equity swaps.

Section 5: Variance Swaps

Instructor Doug Carroll discusses rainbow swaps and variance swaps.


Instructor Doug Carroll introduces variance swap and contract features.


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

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Instructor Biography

Paul Siegel, Education you can bank on

We deliver superlative, hands-on and practical corporate and investment banking education that you can use immediately in your job, or that next great job you are looking to start. We focus on making complex subjects readily understandable and usable. If you want to take a great leap forward in your finance career, we are here to make that happen.

Our instructors are practitioners who have worked in the field of finance. They relate the subjects covered to real work situations you will encounter in your banking job. So, the concepts are real, the coverage is at the right level of depth, and the material is easy to absorb.

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