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SUN 310-008 Exam Syllabus Topics:

SectionObjectives
Fixed Income and Foreign Exchange Basics- Fixed Income Instruments
  • 1. Securities Finance
  • 2. Bonds
  • 3. Islamic Banking
  • 4. Repurchase Agreements
  • 5. Modified Duration
- Foreign Exchange Fundamentals
  • 1. FX Forwards
  • 2. FX Quotations
  • 3. Cross Rates
  • 4. FX Terminology
Asset Liability Management and Risk- Risk Management
  • 1. Credit Risk
  • 2. Basel Accords
  • 3. Interest Rate Risk
  • 4. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)
  • 5. Market Risk
  • 6. Funds Transfer Pricing
  • 7. Sensitivity Indicators and Value at Risk (VaR)
  • 8. Liquidity Management
  • 9. Asset and Liability Management
  • 10. Operational Risk
Interest Rate Derivatives and Options- Derivative Instruments
  • 1. Forward Rate Agreements (FRAs)
  • 2. Interest Rate Swaps
  • 3. Overnight Benchmark Futures
  • 4. Overnight Index Swaps
  • 5. Money Market Futures
- Options
  • 1. Delta Position and Delta Hedging
  • 2. Features of Options
  • 3. Interest Rate Options
  • 4. The Greeks
  • 5. Strangles and Straddles
Foreign Exchange Products- FX Transactions
  • 1. FX Swaps
  • 2. Application of FX Swaps
  • 3. Non-Deliverable Forwards (NDFs)
  • 4. Settlement Before Spot
  • 5. Precious Metals
  • 6. Overnight and Tomorrow/Next Swaps
  • 7. Covered Interest Arbitrage
  • 8. Forward-Forward Swaps
Financial Markets and Interest Rate Calculations- Financial Markets Fundamentals
  • 1. Market Places
  • 2. Pricing and Efficient Markets
  • 3. Key Players in the Financial Markets
  • 4. Processing of Transactions
  • 5. Introduction to Financial Markets
  • 6. Regulation
- Interest Rate Calculations
  • 1. Money Markets
  • 2. Accumulation Factors and Discount Factors
  • 3. Interest Calculations
  • 4. Forward Yields
  • 5. Money Market Paper
  • 6. Yield Curves

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