🎓 Open to All Graduates & Finance Students · FREE First Workshop for Every College · Individual Students Also Welcome
Derivatives
Operations
Made Easy
Derivatives don't have to be intimidating. This workshop strips away the complexity and explains how futures, options, swaps, and OTC derivatives are operationally processed — from trade capture through confirmation, margining, and settlement — in plain, accessible language.
About
What This Workshop Covers
This workshop simplifies complex derivatives products and explains how derivatives operations teams support trading and post-trade activities inside investment banks. Participants learn the operational processing of futures, options, swaps, and OTC derivatives — from trade capture through confirmation, margining, collateral management, and regulatory reporting — all in an easy-to-understand format designed for candidates with little or no prior derivatives experience. By the end of the session, participants can confidently describe derivatives workflows in placement interviews.
Topics
Fundamentals Covered
Introduction to Derivatives
What derivatives are, why they exist, who uses them, and how they differ from cash instruments — explained without jargon for a finance fresher audience.
Futures & Options Basics
How exchange-traded futures and options work — contract specs, expiry, mark-to-market, exercise and assignment, and the role of clearing houses like NSE Clearing and LCH.
Swaps & OTC Derivatives
Interest rate swaps, currency swaps, credit default swaps — how they are structured under ISDA master agreements, confirmed via DTCC Deriv/SERV or Markitwire, and settled.
Derivatives Trade Lifecycle
Step-by-step operational flow — trade capture into systems like Murex or Summit, trade confirmation, CCP clearing or bilateral settlement, and lifecycle events (resets, rollovers, terminations).
Confirmation & Settlement Processes
Bilateral confirmation workflows for OTC trades, electronic matching platforms, settlement of cash flows on payment dates, and managing unconfirmed trade backlogs.
Margining Concepts
Initial margin vs variation margin, daily MTM-driven margin calls, how margin is calculated (SPAN, SIMM), and the operational process for sending and receiving margin.
Collateral Requirements
Eligible collateral types (cash, G7 bonds, equities), haircut mechanics, collateral substitution, CSA (Credit Support Annex) terms, and triparty collateral agents (Euroclear, BNY Mellon).
Market Risk Basics
Introduction to delta, gamma, and DV01 — what they mean operationally, how risk figures are used in daily P&L and position reporting, and the operations team's role.
Regulatory Reporting for Derivatives
EMIR (EU), Dodd-Frank (US), and MAS (Singapore) reporting obligations — Unique Trade Identifiers (UTIs), trade repository submissions, and operational reporting workflows.
Operational Risk in Derivatives Processing
Key risk areas — confirmation backlogs, margin dispute resolution, novation breaks, settlement failures — and the controls operations teams apply to manage them.
Outcomes
Skills Developed
- Clear understanding of derivatives products — futures, options, swaps, and OTC instruments
- Operational processing knowledge across the full derivatives trade lifecycle
- Risk awareness in derivatives — margin, collateral, and operational exposure
- Knowledge of initial and variation margin mechanics and collateral management workflows
- Confidence to discuss derivatives operations in placement interviews and on the job
First workshop is FREE for every college. Individual students are also welcome to register and attend at no cost for the first session.
Career Opportunities
Roles You Can Target
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