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Learning Platform - "Markets & Trading"

Course: Settlement

About the online training programme

Settlement is a crucial process in trade operations. At maturity a contract has to be respected and agreements have to be effectuated. How this works is set out in this course.

Course Contents

This course covers the following videos:

  1. Introduction
  2. Settlement types
  3. Supply contracts vs. derivatives
  4. Physical delivery vs. cash settlement
  5. Settlement risks
  6. Avoiding physical delivery
  7. Settlement date
  8. Dynamics in settlement dates
  9. Cash settlement
  10. Contracts with delivery moment – Introduction
  11. Contracts with delivery moment – Last trading day & maturity
  12. Contracts with delivery moment – Seller’s choice
  13. Contracts with delivery moment – Physical delivery
  14. Contracts with delivery period – Introduction
  15. Contracts with delivery period – Time-to-maturity
  16. Invoicing & payment
  17. Specific differences
  18. First & last notice day
  19. Closing or rolling
  20. Exchange-traded futures vs. OTC-traded forwards
  21. Alternative delivery procedure
  22. EFP – Introduction
  23. EFP – Applications
  24. EFP – Applications – Swap futures for physicals
  25. EFP – Applications – Open a futures position
  26. EFP – Applications – Close a futures position
  27. EFS – Exchange of futures for swaps
  28. Trading at settlement
  29. TAS order initiation & matching
  30. Trading at marker
  31. Contracts with delivery period – Settlement
  32. Contracts with delivery period – Lower margin requirement during delivery
  33. Contracts with delivery period – Cascading – Introduction
  34. Contracts with delivery period – Cascading – Volume neutrality
  35. Contracts with delivery period – Cascading – Value neutrality
  36. Contracts with delivery period – Cascading – The objective
  37. Contracts with delivery period – Cascading – Impacting margin requirements

This course also includes examination and certification.

Back to Course Package
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