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SUN 310-008 Exam Syllabus Topics:

SectionObjectives
Foreign Exchange Products- FX Transactions
  • 1. Non-Deliverable Forwards (NDFs)
  • 2. FX Swaps
  • 3. Application of FX Swaps
  • 4. Covered Interest Arbitrage
  • 5. Forward-Forward Swaps
  • 6. Overnight and Tomorrow/Next Swaps
  • 7. Precious Metals
  • 8. Settlement Before Spot
Financial Markets and Interest Rate Calculations- Financial Markets Fundamentals
  • 1. Introduction to Financial Markets
  • 2. Processing of Transactions
  • 3. Pricing and Efficient Markets
  • 4. Regulation
  • 5. Market Places
  • 6. Key Players in the Financial Markets
- Interest Rate Calculations
  • 1. Interest Calculations
  • 2. Money Market Paper
  • 3. Accumulation Factors and Discount Factors
  • 4. Yield Curves
  • 5. Money Markets
  • 6. Forward Yields
Interest Rate Derivatives and Options- Derivative Instruments
  • 1. Forward Rate Agreements (FRAs)
  • 2. Interest Rate Swaps
  • 3. Money Market Futures
  • 4. Overnight Benchmark Futures
  • 5. Overnight Index Swaps
- Options
  • 1. Interest Rate Options
  • 2. The Greeks
  • 3. Strangles and Straddles
  • 4. Delta Position and Delta Hedging
  • 5. Features of Options
Asset Liability Management and Risk- Risk Management
  • 1. Sensitivity Indicators and Value at Risk (VaR)
  • 2. Interest Rate Risk
  • 3. Market Risk
  • 4. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)
  • 5. Credit Risk
  • 6. Liquidity Management
  • 7. Basel Accords
  • 8. Funds Transfer Pricing
  • 9. Asset and Liability Management
  • 10. Operational Risk
Fixed Income and Foreign Exchange Basics- Foreign Exchange Fundamentals
  • 1. FX Terminology
  • 2. FX Quotations
  • 3. Cross Rates
  • 4. FX Forwards
- Fixed Income Instruments
  • 1. Repurchase Agreements
  • 2. Islamic Banking
  • 3. Modified Duration
  • 4. Bonds
  • 5. Securities Finance

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