SMU Academy

Certificate in Financial Markets Trading

Risk Management with Vanilla Options

FINANCIAL
MARKETS
TRADING

Overview
Vanilla options (also known as European style options) represent derivative financial
instruments that grant the holder the right but not the obligation to buy or sell an
underlying asset at a predetermined price at a particular point of time in the future. The
options may be traded on an exchange or even as an over-the-counter product.

Vanilla options offer an avenue for market participants to express their views on the
underlying asset volatility as well as financial leverage. Receive practical, hands-on
instruction from a professional quantitative trader on the use of vanilla options for risk Anthony Bordier
management.
Accumulates more than
Investing is a necessary skill that everyone requires in order to beat inflation, plan for
retirement and create a secondary source of income to prepare for unexpected fifteen years of experience as
expenses or the loss of employment. Most retail investors today trade traditional linear a quantitative analyst in the
products, which used on their own, present high risks which quickly erodes capital.
financial industry. He has
The course features an interactive lecture, facilitated discussions and a practical
Options Trading activity, where participants will realise the benefit of using Options in been working in various
their trading strategies. banks such as Société
Generale, BNP Paribas,
Learning Objectives Merril Lynch, JPMorgan,
In “Risk Management with Vanilla Options”, participants will learn the following:
Lehman Brothers, Standard
Fundamental concepts, with practical use cases for Options Trading to manage Chartered, ANZ and
risk when trading in Financial Markets.
Deutsche Bank. He
Capital protection and risk management when trading in Financial Markets
Discrete-time simulation that allows participants to practice their trading decisions developed models, pricing
in a risk-free environment. and hedging methodologies
for equities, fixed income
Who Should Attend
Financial Market Investors who do not currently use Options for Risk Management. and foreign exchange
PMETs supporting Financial Services in derivatives markets. markets, covering a wide
range of products from
Assessment futures to vanillas and exotic
Trading Game options. He also has
Individual project/ assignment experience on the buy side
as an quantitative trader on
Fees and Funding
futures and options in Quant
Fees Finance Limited and
S$1,712 (after GST) for non-Singapore Citizens and non-Permanent Residents. Bainbridge Partners,

SkillsFuture Singapore (SSG) Funding: consistently achieving an

extra normal Sharpe Ratio of
S$513.60 (after GST) for Singaporeans below 40 and Permanent Residents. 1.3. Anthony has a business
S$193.60 (after GST) for Singaporeans age 40 and above.
master degree from HEC
Funding Business School (Paris,
France), a master degree of
SkillsFuture Series
Course fee grant at 70% of course fees (excluding GST) for participants who are pure mathematics, and a
successfully enrolled by SMU into approved courses under the Programme. doctoral degree in applied
Participants must be Singapore Citizens or Singapore Permanent Residents. mathematics (stochastic

SkillsFuture Mid-Career Enhanced Subsidy ("MCES") calculation applied to

Up to 90% of course fees for Singapore Citizens aged 40 years and above finance) from Paris VI
University.
Enhanced Training Support for SMEs ("ETSS")
Up to 90% of course fees; and 80% of basic hourly salary capped at $7.50/hr for local
Registration
employees of SMEs.
For enquiries and customer
support, please email
SkillsFuture Credit
academy@smu.edu.sg
Singapore Citizens aged 25 and above, and self-funding may use their SkillsFuture
or contact us at 6808 5499
Credit (up to S$500) to defray part of the course fee.