Learning Platform - "Markets & Trading"
Course: Margining
About the online training programme
Margining is a crucial process in trade operations. It is a sub-process of clearing. During the lifetime of a contract security has to be arranged for. How this works is set out in this course, including initial margin and variation margin, as well as cross-margining.
Course Contents
This course covers the following video lessons:
- Counterparty risk management
- Initial margin
- Variation margin
- Margin call
- Bilateral deals
- Exchange-trading
- Fee structure
- Novation
- The process of margining
- Direct & general clearing members
- Initial margin to financially manage close-out
- Settlement
- Daily calculations
- Leverage
- Cost of capital
- Replacement risk & credit risk
- Mutual & non-mutual margin requirements
- Money transfer & margin requirement
- The margining process
- Variation margin calculation
- Initial margin calculation
- Periodic reconsiderations
- Cash management & price data
- General clearing members
- Direct market access
- Cross-margin – Introduction
- Cross-margin – Price correlation
- Requirements for options – Introduction
- Requirements for options – Calculations
- Requirements for options – Maintenance margin
- Requirements for options – Haircut
This course also includes examination and certification.