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Learn/Markets at the desk
LearnMarkets at the desk

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B Basic

  • What the front end prices9m
  • Interest rate swaps and swap spreadsPro8m
  • Index futures, ETFs, and the flows behind themPro9m
  • Answering what's moving marketsPro7m

A Advanced

  • DV01 hedging, curve trades, and carryPro11m
  • FX carry and forward points, workedPro10m
  • Options at the desk: implied moves, gamma, and vegaPro11m
  • Pitching a trade on a superdayPro10m
  • FlashcardsPro0/18
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

FX carry and forward points, worked

The forward rate tells you what carry earns and how far spot can move against you before the trade loses. The same arithmetic tells an investor what hedging a foreign bond costs or pays.

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