The “capital markets” are places that bring buyers and sellers together to exchange or trade stocks, bonds, currencies, and numerous other types of financial instruments. The complexity of these markets has exploded, and the markets themselves range from highly automated, sophisticated and systematized technologically to those that are “over the counter,” one-to-one or loosely structured trades. This program seeks to help you dig through this complexity and develop a strong working understanding how capital markets work.
The “capital markets” are places that bring buyers and sellers together to exchange or trade stocks, bonds, currencies, and numerous other types of financial instruments. The complexity of these markets has exploded, and the markets themselves range from highly automated, sophisticated and systematized technologically to those that are “over the counter,” one-to-one or loosely structured trades. This program seeks to help you dig through this complexity and develop a strong working understanding how capital markets work.
Skills You Will Gain
Capital Markets
Derivatives
Learning Outcomes (At the end of this program you will be able to)
Understand the basic functioning of the capital markets
Define the products, players and markets
Discuss and appreciate the fixed income/bond markets
Discuss and appreciate the equity/stock markets
Discuss and appreciate the currency and derivative markets
Who Should Attend
Anyone new to the financial business and eager to understand how the capital markets work, some of the key products used in those markets, and how the players interact.
Curriculum
Instructors
Frequently Asked Questions
How much do the courses at Starweaver cost?
We offer flexible payment options to make learning accessible for everyone. With our Pay-As-You-Go plan, you can pay for each course individually. Alternatively, our Subscription-Based plan provides you with unlimited access to all courses for a monthly or yearly fee.
Do you offer any certifications upon completion of a course at Starweaver?
Yes, we do offer a certification upon completion of our course to showcase your newly acquired skills and expertise.
Does Starweaver offer any free courses or trials?
No, we don't offer any free courses, but we do offer 5-day trial only on our subscriptions-based plans.
Are Starweaver's courses designed for beginners or advanced students?
Our course is designed with three levels to cater to your learning needs - Core, Intermediate, and Advanced. You can choose the level that best suits your knowledge and skillset to enhance your learning experience.
What payment options are available for Starweaver courses?
We accept various payment methods such as major credit cards, PayPal, wire transfer, and company purchase orders. For more information related to payments contact customer support.
Do you offer refunds?
Yes, we do offer a 100% refund guarantee for our courses within a specified time frame. If you are not satisfied with the course, contact our customer support team to request a refund with your order details. Some restrictions may apply.
*Where courses have been offered multiple times, the “# Students” includes all students who have enrolled. The “%Recommended” shown is also based on this data.
This course will give you a brief, but broad introduction of the capital markets - who are the primary participants, issuers, investors, intermediaries, what they trade thre, and both the applications of the products, and much more....
This course will introduce you to a wide variety of calculations and related concepts that are used by financial market participants in a wide variety of applications - calculating prices, rates of return, and yields for example. Much more...
This comprehensive course will cover a variety of issues relating to yield curves, their construction, and their use in a variety of analytical applications to assess risk and return.
This course will introduce you to the market for fixed income securities, provide you with a lot of details on the characteristics of fixed income securities , as well as discuss specific characteristics of FI specific sectors.
This course will introduce derivatives in general, to demonstrate the common features of derivatives and how they differ from other sorts of financial instruments. The course then segues into a detailed discussion of how these all work.
This course looks at interest rate swaps in detail. First, swaps in general are introduced, then we will be looking at the structure of the most common type of interest rate swap - the fixed or floating interest rate swap. And more...
2Interest Rate Conventions and Time Value of Money
3Debt Security Pricing
4Bond Yields and Rates of Return
1Welcome!
2Capital Markets Overview
3Fixed Income Markets
4Equity Markets
5Currency and Derivatives Market
1Welcome!
2Introduction to Fixed Income Securities and Markets
3Bond Contact Features and Investment Characteristics
4Types of Fixed Income Securities
1Welcome to the course!
2Introduction to Interest Rate Swaps
3Risk Management of Floating Rate Liabilities
4OTC Clearinghouses
5Swap Pricing and Valuation
6Risk Management with Interest Rate Swaps
Introduction to Fixed Income Securities
Introduction to Fixed Income Securities-Slides
Fixed Income Securities: Sources of Return and Types of Risk
Fixed Income Securities: Sources of Return and Types of Risk -Slides
Government and Government Agency Securities
Government and Government Agency Securities -Slides
Corporate Securities and Structured Securities
Corporate Securities and Structured Securities -Slides
Bond Pricing and Valuation
Bond Pricing and Valuation -Slides
Yield Curves, Credit Markets and the Business Cycle
Yield Curves, Credit Markets and the Business Cycle -Slides
Yield Curves, Monetary Policy and the Real Economy
Yield Curves, Monetary Policy and the Real Economy -Slides
Interest Rates and Yields
Interest Rates and Yields (Slides)
Interest Rates and Rates of Return
Interest Rates and Rates of Return (Slides)
Interest Rate Conventions and Time Value of Money Part 1
Interest Rate Conventions and Time Value of Money Part 1 (Slides)
Interest Rate Conventions and Time Value of Money Part 2
Interest Rate Conventions and Time Value of Money Part 2 (Slides)
Compound Interest
Compound Interest (Slides)
Time Value of Money and Bond Pricing
Time Value of Money and Bond Pricing (Slides)
Major Market Segments and Types of Instruments
Major Market Segments and Types of Instruments-Slides
Economic Functions of Capital Markets
Economic Functions of Capital Markets-Slides
Securities Markets and Important Market Participants
Securities Markets and Important Market Participants-Slides
Commercial Banking and Investment Banking
Commercial Banking and Investment Banking-Slides
Primary and Secondary Markets
Primary and Secondary Markets-Slides
Primary Market Offerings
Primary Market Offerings-Slides
Roles of Financial Intermediaries
Roles of Financial Intermediaries-Slides
Comparing Securities to Derivatives
Comparing Securities to Derivatives-Slides
Pricing Zero Coupon Bonds
Pricing Zero Coupon Bonds (Slides)
Pricing Coupon Bonds
Pricing Coupon Bonds (Slides)
Bond Pricing Versus Bond Valuation
Bond Pricing Versus Bond Valuation (Slides)
Pricing Discount Securities
Pricing Discount Securities (Slides)
Discount Rates Versus Bond Equivalent Yield
Discount Rates Versus Bond Equivalent Yield (Slides)
Bond Yields
Bond Yields (Slides)
Yield to Maturity
Yield to Maturity (Slides)
Yield to Maturity Versus Rate of Return
Yield to Maturity Versus Rate of Return (Slides)
Yield to Maturity as an Expression of Current Value
Yield to Maturity as an Expression of Current Value (Slides)
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
1Welcome!
2Equities Introduction
3Equity Indices
4How to Buy the Market
1Welcome!
2Introduction to Yield Curves
3Duration and its Applications
4The Level of Rates and Shape of the Yield Curve
5Spot Rates and Forward rates
6Total Return Analysis
7Tools
1Welcome!
2Introduction to Derivatives
3Introduction to Futures Contracts
4Future Contracts Trading and Cash Flows
5Futures Pricing
6Introduction to Options
7Option Pricing and Applications
Currency Markets and Factors Affecting Exchange Rates
Currency Markets and Factors Affecting Exchange Rates -Slides
Types of Derivative Contracts and Their Characteristics
Types of Derivative Contracts and Their Characteristics -Slides
The Real Meaning of "Derivatives" and Their Use in Managing Risk
The Real Meaning of "Derivatives" and Their Use in Managing Risk -Slides
Introduction to Equity Securities
Introduction to Equity Securities -Slides
Investment Characteristics and Valuation of Equity Securities
Investment Characteristics and Valuation of Equity Securities -Slides
Valuation of Equities Using Earnings Multiples (P/E Ratios)
Valuation of Equities Using Earnings Multiples (P/E Ratios) -Slides
Introduction to Fixed Income Securities and Markets
Introduction to Fixed Income Securities and Markets (Slides)
The Primary Market: Issuing Bonds to Borrow Funds
The Primary Market: Issuing Bonds to Borrow Funds (Slides)
Similarity of Bonds to Loans & Bond Valuation Issues
Similarity of Bonds to Loans & Bond Valuation Issues (Slides)
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
Types of Products/Shares
Types of Products/Shares (Slides)
Buying Shares & Equities
Buying Shares & Equities (Slides)
Tesco Example
Tesco Example (Slides)
Types of Shares and Exchanges
Types of Shares and Exchanges (Slides)
Depository Receipts
Depository Receipts (Slides)
Types of Investors, Diversification and Volatility
Types of Investors, Diversification and Volatility (Slides)
Total Return Analysis
Total Return Analysis (Slides)
Total Return Analysis Illustration
Total Return Analysis Illustration (Slides)
Introduction to Yield Curves
Introduction to Yield Curves (Slides)
Types of Yield Curves and Yield Curve Spreads
Types of Yield Curves and Yield Curve Spreads (Slides)
Yield Curve Spreadsheet
Types of Indices Part I
Types of Indices Part I (Slides)
Types of Indices Part II
Types of Indices Part II (Slides)
Spot Rates and Spot Rate Curves
Spot Rates and Spot Rate Curves (Slides)
Calculation of Spot Rates
Calculation of Spot Rates (Slides)
Bond Valuation and Rich/Cheap Analysis
Bond Valuation and Rich/Cheap Analysis (Slides)
Treasury Strips and the Strip Rate Curve
Treasury Strips and the Strip Rate Curve (Slides)
Forward Rates
Forward Rates (Slides)
Calculating Forward Rates
Calculating Forward Rates (Slides)
Forward Rate Applications
Forward Rate Applications (Slides)
Introduction to Duration
Introduction to Duration (Slides)
Types of Duration
Types of Duration (Slides)
Modified Duration
Modified Duration (Slides)
Duration Illustration
Duration Illustration (Slides)
Duration of Callable Bonds
Duration of Callable Bonds (Slides)
Yield Curve Shapes and the Level of Interest Rates
Yield Curve Shapes and the Level of Interest Rates (Slides)
Yield Curve Theories
Yield Curve Theories (Slides)
Yield Curves and the Business Cycle
Yield Curves and the Business Cycle (Slides)
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Spencer Morris
Key pointers for success in this course
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
Tracking Funds
Tracking Funds (Slides)
Exchange Traded Funds (ETF's)
Exchange Traded Funds (ETF's) (Slides)
Introduction to Derivatives
Introduction to Derivatives (Slides)
Forward Contracts
Forward Contracts (Slides)
Futures
Futures (Slides)
Equity Swaps
Equity Swaps (Slides)
Options
Options (Slides)
Structured Products (Warrants, Certificates and Notes)
Structured Products (Warrants, Certificates and Notes) (Slides)
Bond Contact Features
Bond Contact Features (Slides)
Bond Coupons, Accrued Interest and Bond Pricing Conventions
Bond Coupons, Accrued Interest and Bond Pricing Conventions (Slides)
Day Count Conventions & Bond Retirement
Day Count Conventions & Bond Retirement (Slides)
Types of Risk
Types of Risk (Slides)
Sources of Return and Bond Yields
Sources of Return and Bond Yields (Slides)
Bond Yields, Yield to Maturity and Rate of Return
Bond Yields, Yield to Maturity and Rate of Return (Slides)
Yield Curves
Yield Curves (Slides)
Yield Curves & Government Securities
Yield Curves & Government Securities (Slides)
Government Bonds & US Treasury Securities
Government Bonds & US Treasury Securities (Slides)
Corporate Fixed Income Securities
Corporate Fixed Income Securities (Slides)
Credit Risk of Corporate Securities & Trust Indentures
Credit Risk of Corporate Securities & Trust Indentures (Slides)
Secured and Unsecured Bonds
Secured and Unsecured Bonds (Slides)
Convertible Securities
Convertible Securities (Slides)
Preferred Stocks & Introduction to Structured Securities
Preferred Stocks & Introduction to Structured Securities (Slides)
Asset Securitization & Introduction to Mortgage Backed Securities
Asset Securitization & Introduction to Mortgage Backed Securities (Slides)
Mortgage Backed Securities
Mortgage Backed Securities (Slides)
CMOs & Introduction to Asset Backed Securities
CMOs & Introduction to Asset Backed Securities (Slides)
Credit Card and Auto Loan Asset Backed Securities
Credit Card and Auto Loan Asset Backed Securities (Slides)
Collateralized Debt Obligations
Collateralized Debt Obligations (Slides)
CDOs and Money Market Instruments
CDOs and Money Market Instruments (Slides)
Agency Securities & Regional/Local Government Debt Securities
Agency Securities & Regional/Local Government Debt Securities (Slides)
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
Introduction to Swaps
Introduction to Swaps (Slides)
Interest Rate Swap Basics
Interest Rate Swap Basics (Slides)
Interest Rate Swap Contract Features
Interest Rate Swap Contract Features (Slides)
Fixed for Floating Interest Rate Swaps
Fixed for Floating Interest Rate Swaps (Slides)
Periodic Settlement Payments on Interest Rate Swaps
Periodic Settlement Payments on Interest Rate Swaps (Slides)
Hedging Cash Flow Uncertainty with Interest Rate Swaps
Hedging Cash Flow Uncertainty with Interest Rate Swaps (Slides)
Net Interest Cost of a Synthetic Fixed Coupon Bond
Net Interest Cost of a Synthetic Fixed Coupon Bond (Slides)
OTC Clearinghouses
OTC Clearinghouses (Slides)
Cleared Swaps Versus OTC Swaps Ex-Clearinghouse
Cleared Swaps Versus OTC Swaps Ex-Clearinghouse (Slides)
Functioning of OTC Clearinghouses
Functioning of OTC Clearinghouses (Slides)
Managing the Cash Flow Risk of Fixed and Floating Rate Assets
Managing the Cash Flow Risk of Fixed and Floating Rate Assets (Slides)
Basis Swaps (Fixed Versus Floating Swaps)
Basis Swaps (Fixed Versus Floating Swaps) (Slides)
Capital Market Equivalents for the Fixed and Floating Rate Payers
Capital Market Equivalents for the Fixed and Floating Rate Payers (Slides)
Value Hedging, Asset Swaps
Value Hedging, Asset Swaps (Slides)
Variations in the Structure of Interest Rate Swaps
Variations in the Structure of Interest Rate Swaps (Slides)
Structuring and Pricing Basis Swaps
Structuring and Pricing Basis Swaps (Slides)
Doug Carroll
With over 40 years of experience in financial markets and instruments, I bring a wealth of expertise to training and education. My background spans across sales, trading, and investment management, providing me with a comprehensive understanding of various financial topics. I specialize in designing and delivering interactive, high-energy training sessions that bridge the gap between theoretical concepts and practical applications. My diverse experiences have enabled me to cater to audiences ranging from industry newcomers to seasoned professionals, ensuring that each session is tailored to the participants' needs.
Throughout my career, I've developed and led training programs on a wide array of subjects including bond math, equity derivatives, portfolio management, and fixed income analytics. My ability to communicate complex topics effectively in both classroom settings and digital formats has been honed through years of delivering presentations and creating educational content for global audiences. Whether through live webinars or in-person sessions, I am dedicated to providing impactful learning experiences that resonate with participants and enhance their professional skills.
In addition to my extensive training background, I hold advanced degrees in finance and economics and have earned numerous professional licenses. This rigorous academic and practical grounding supports my ability to deliver content that is both relevant and insightful. My passion for education drives me to continually refine my teaching methods and engage with learners, making each training session a valuable opportunity for growth and development.
About this course: Overview, Learning Outcomes, Prerequisites & Target Audience
Course Trailer
Instructor Bio: Doug Carroll
Key pointers for success in this course
Spencer Morris
With over two decades in finance and a wealth of experience in banking and trading, I have dedicated my career to developing and delivering high-impact financial training. My background includes extensive work on equity and interest rate trading floors, which has enriched my ability to teach complex financial concepts with practical insights. Over the past 12 years, I have trained tens of thousands of students, ranging from graduates and sales staff to high-level executives and family office managers, across various asset classes including equities, fixed income, and foreign exchange.
My approach to financial education is rooted in a deep understanding of market dynamics and regulatory environments. I have designed and delivered training programs for a broad spectrum of clients, from traditional funds and hedge funds to central banks and sovereign wealth funds. My expertise spans from basic to advanced derivatives courses, accounting and valuation classes, and comprehensive staff training across all levels and functions within financial institutions.
I bring a unique blend of practical experience and instructional excellence to my teaching. Having worked with major financial institutions and asset managers globally, I am adept at creating tailored training solutions that address specific client needs. My goal is to empower professionals with the knowledge and skills necessary to navigate complex financial landscapes and make informed decisions in their roles.
