Back to: CIRO Institutional DMTP — Domain 2: Options Track
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Calls, puts and why options exist; the Montreal Exchange, CDCC and the ISDA framework; the risk/reward profiles of basic positions.
Learning objectives
By the end of this module, you will be able to:
Explain the purpose of options and distinguish hedging from speculative use
Describe the structure of exchange-traded versus OTC options
Identify how the Montreal Exchange and CDCC operate in the options market
Explain the ISDA framework for OTC derivatives
Describe the key risk/reward profiles of basic options positions
How this module runs
Work through the lessons in order. The module closes with a case study, a set of key takeaways, and a five-question knowledge check that must be passed at 80% before the module is marked complete.
