What Do Analysts at Goldman Sachs and Amazon Have in Common?
They master their craft with the full CFI curriculum — now 40% off.
Get 40% Off
Equity, FX, and Rate Futures Course Overview
This course focuses on currency futures, equity index futures, and interest rate futures and forwards. The course provides insight into key concepts such as cross rates, triangular arbitrage, and currency swaps. You will also learn how to calculate the fair value of equity index futures and use these instruments to hedge a position. By the end of the course, you will also have an understanding of forward rate agreements (FRAs), short-term interest rate futures (STIRs), interest rate swaps (IRS), and the relationship between spot rates and forward rates. Equity, FX, and Rate Futures Learning Objectives Upon completing this course, you will be able to:- Identify triangular arbitrage opportunities by calculating cross rates
- Understand how to use equity index futures to hedge a position
- Describe the relationship between spot rates and forward rates
- Explain FRAs, STIRs, and IRS
- Understand currency futures, equity index futures, and interest rate futures