Intermediate
Autocalls barriers and the path of the underlying asset
Autocalls and barriers make observation dates part of the payoff. Two investments with the same final asset price can have different outcomes when the earlier paths...
Read articleFOLITIC / HYBRID SECURITIES
Hybrid Securities Trading Guide
Understand securities that combine features of debt, equity and derivatives. Follow eight stages covering preferred shares, convertibles, corporate hybrids, bank capital and structured notes.
Start with What makes a security a hybrid, then follow the next lesson links. Explore 32 lessons with worked examples, exercises and further reading.
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Barrier observations · All lessons
Structured Notes and Payoff Design
Decode participation, caps, barriers, autocalls and issuer credit exposure.