University of Technology Sydney

25877 Financial Market Instruments

8cp; Forms of attendance in this subject have changed to enable social distancing and reduce the risks of spreading COVID-19 in our community. There may also have been changes to the assessment requirements. Consequently, the Subject Outline information for this subject has changed. Details of the changes may be published in an Addendum to the Subject Outline which is available through your LMS (Blackboard or Canvas).
There are course requisites for this subject. See access conditions.



Designed for specifically for quantitative finance students, this subject provides a rigorous introduction to the main instruments and markets that comprise the financial system and to pricing using no-arbitrage arguments. It discusses the valuation of various financial securities such as equities and foreign exchange, bills and bonds, forward rates and yield curve calculations, forward rate agreements (FRAs) and interest rate swaps, and interest rate hedging. It also covers option basics including definitions, strategies and valuation. The subject provides students with a number of practical exercises involving implementation of the pricing models and techniques covered.

Detailed subject description.

Access conditions

Note: The requisite information presented in this subject description covers only academic requisites. Full details of all enforced rules, covering both academic and admission requisites, are available at access conditions and My Student Admin.