EduMarkets Structured Products

A structured product is a single instrument that is made out of various building blocks, typically a bond and one or more options. It is sold to clients as a package. Users build principal-protected notes, reverse convertibles, autocallables, target redemption forwards, and turbos, and decompose each into its building blocks. The module also shows how the bank uses the individual blocks to manage its risk.

Handbook chapters

  1. What Structured Products Are
  2. Who Builds and Buys Structured Products
  3. Principal-Protected Notes
  4. Reverse Convertibles and Discount Certificates
  5. Autocallables
  6. Range Accruals
  7. Target Redemption Forwards
  8. Turbos and Leverage Certificates
  9. How Hedging These Notes Moves Markets

Tools and exercises

  • Structured Notes
    • Principal-Protected Notes
    • Digital Coupon Notes
    • Reverse Convertibles
    • Dual-Currency Notes
  • Autocallables
    • Autocallable Notes
  • Range Accruals
    • Range Accrual Notes
  • TARF
    • Target Redemption Forward (TARF)
  • Turbos
    • Turbo Certificates
  • Exercises