The course objective is to introduce students to basic concepts of pricing, trading and portfolio risk management for credit instruments. The focus will be on liquid cash corporate bonds, credit default swaps, credit indices, and ETFs. Various trading strategies will be discussed with market practitioners, for a better insight into the "daily activity" of credit trading desks. A prerequisite for Credit Markets is FINM 37500 - Fixed Income Derivatives.
This course counts towards the Trading and Risk concentration.