Advanced Volatility (AV-AllConferences)

Venue: Kuala Lumpur

Location: Kuala Lumpur, Malaysia

Event Date/Time: Sep 20, 2010 End Date/Time: Sep 22, 2010
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Workshop Overview

Volatility is the heart of any investment strategy – and also the biggest source of risk in the capital markets. Most mission-critical metrics utilised to monitor and manage risk in investment portfolios are based on an assessment of volatility. One of the most widely followed indices of risk, the VIX (also called the “Fear Index”) was at an all-time high during the recent crisis and continues to be a focus of attention for market participants. In this course, delegates will explore various ways to measure volatility. But more importantly, they’ll learn how to trade volatility to manage risk – by using cutting edge products, structures, and strategies. This strategic 3-day interactive course is specially tailored in a bid to help delegates learn to hedge existing exposures, take profitable positions in volatility, and create opportunities to maximize portfolio performance that were unavailable just a few years ago.

Course Facilitator Profile

Our course facilitator is the President and CEO of a financial services consultancy firm based in USA. With more than 20 years of experience, he specializes in financial safety and soundness and risk management consulting and training. He is a Lead Audit Consultant and instructor for a training and consulting institute, and is also an instructor for many other organizations and industry groups including the Federal Reserve, the FDIC, the BAI, the IIA, the Global Financial Markets Institute, and regional CFA Institute associations.

He was with the Federal Reserve System for twelve years as an economic analyst and a safety and soundness/AML/BSA examiner. His primary focus was regulatory policy development as well as assessing the condition of large complex domestic and international financial institutions. He developed significant field work experience in conducting safety and soundness examinations for banks and holding companies domestically and internationally. He also chaired a Federal Reserve System-wide committee to design, develop and deliver training for selected capital markets examiners across the country.

After leaving the Federal Reserve System in 1998, he joined Accenture as a senior manager, where he provided capital markets and risk management expertise for financial services clients domestically and internationally.

He has an MBA in Finance and Economics from Georgia State University and a BBA from Emory University in Business Administration. He has completed the CFA level I exam and will be sitting for the Level II exam in June 2010. He has delivered capital markets and risk management seminars and consulting services to financial institutions, trading organizations, central banks, and regulatory agencies across the U.S. as well as in Albania, Argentina, Azerbaijan, Bermuda, Canada, Croatia, Denmark, the Republic of Georgia, Hong Kong, India, Ireland, Jamaica, Jordan, Kuwait, Lebanon, Malaysia, Mexico, Morocco, the Netherlands, Poland, Portugal, Russia, Singapore, South Africa, Trinidad and Tobago, the U.K., and Zimbabwe.

Partial list of companies that have benefited from his expertise:

* Merrill Lynch and Co., Inc.
* Chase Mortgage
* Barclays PLC
* Nomura Securities, Inc.
* Federal Reserve System
* Credit Suisse First Boston
* Allianz Life Insurance
* ING Group
* Manulife/John Hancock Insurance
* Swiss Re Insurance
* Deloitte Consulting
* Bank of Ireland
* Bank Zenit, Moscow
* Industrial Development Bank of India

As well as Central Bank of:

* Albania
* Argentina
* Azerbaijan
* Croatia
* Republic of Georgia
* Jordan
* Kuwait
* Mexico
* Morocco
* Russia
* Poland


• DISTINGUISH between historical and implied volatility
• UNDERSTAND the impact of volatility on option pricing
• UTILIZE historical and implied volatility calculation techniques
• DIFFERENTIATE between volatility smiles and skews
• DEFINE the VIX index and how it is calculated
• EVALUATE volatility-based derivative products
• DESCRIBE variance swaps and how they are utilized
• DEVELOP and ANALYSE derivative trading strategies for volatility
• DEVELOP and ANALYSE volatility dispersion and correlation trade strategies

Pre-requisites: General understanding of the present value of money, discount rates; basic background in statistical concepts – standard deviation and variance; algebra and basic calculus

Technical Requirements: Financial Calculator (optional)


Head of Derivatives | Propriety Traders | Hedge Fund Managers | Portfolio Managers | Head of Trading Desk | Risk Directors and Managers | Accountants | Auditors | Corporate Strategists | Developers | Planners | Financial Analyst | Financial Brokers | Exchange Officials | Regulators | Treasury Executives, Directors and Managers