Overview
Learn about derivatives markets, clearing processes, and risk management in this comprehensive FRM exam preparation video lecture. Master the distinctions between exchange-traded and OTC derivatives, understand collateralization practices, and explore the ISDA Master Agreement's key features. Delve into credit derivatives, central clearing mechanisms, and margin requirements while examining the roles of special purpose vehicles, derivatives product companies, and credit derivatives product companies. Gain practical knowledge about derivatives risk modeling approaches and associated challenges. Designed for FRM Part 2 candidates studying Credit Risk Measurement and Management, this GARP-approved educational content provides essential insights into Chapter 14's core concepts and learning objectives.
Syllabus
Derivatives (FRM Part 2 – Book 2 – Credit Risk Measurement and Management – Ch 14)
Taught by
AnalystPrep