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Pricing IRDs: OIS Discounting, Risk, Operations and Audit


Join us on this two day course which will provide examples of how OIS discounting has impacted on pricing methods, how and why this effects middle and back office functions, as well as the consequences for compliance and internal audit groups.

The learning objectives include:
 The operational challenges of managing collateral and margin in a CVA sensitive world.
 How the use of OIS Discounting has had an impact of pricing methodology and support functions.
 Why CVA has become a central part of dealers' derivatives operations, and how it can be priced accurately.
 What FVA is, why it is important in pricing, and the arguments for and against charging FVA on uncollateralised positions.
 The objectives of hedging CVA and FVA, and the role of the CVA/FVA desk.
 The impact of these many challenges on middle office and back office trading functions, particularly in regard to collateral and margin.

Prices:
Early Bird (register by 10 December): USD 2499,
Standard Price (after 10 December): USD 2999.

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